Annual report pursuant to Section 13 and 15(d)

Shareholders' Equity (Tables)

v2.4.1.9
Shareholders' Equity (Tables)
 12 Months Ended
Jan. 03, 2015
Stockholders' Equity Note [Abstract]  
Summary of the assumptions used to estimate the fair value of stock options granted using the Black-Scholes Model
The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions for fiscal years 2014 and 2013:
 
For the fiscal years ended
 
January 3, 2015
 
December 28, 2013
Expected dividend yield
—

 
—

Expected stock price volatility
83.82
%
 
90.50
%
Risk-free interest rate
2.16
%
 
1.47
%
Expected life of options (years)
7.55

 
7.29

Schedule of all outstanding options, activity [Table Text Block]
Additional information relating to all outstanding options is as follows (in thousands, except per share data):
 
Options
Outstanding
 
Weighted
Average
Exercise
Price
 
Aggregate Intrinsic Value
 
Weighted Average Remaining Contractual Life
Balance at December 29, 2012
533

 
$
3.88

 
 
 
 
Granted
315

 
2.13

 
 
 
 
Exercised
(15
)
 
2.38

 
 
 
 
Cancelled/expired
(67
)
 
3.11

 
 
 
 
Balance at December 28, 2013
766

 
3.26

 
$
326

 
4.99
Granted
219

 
3.04

 
 
 
 
Exercised
(10
)
 
2.38

 
 
 
 
Forfeited
(70
)
 
2.73

 
 
 
 
Balance at January 3, 2015
905

 
$
3.25

 
$
212

 
4.56
 
 
 
 
 
 
 
 
Options exercisable at January 3, 2015
$
635

 
$
3.50

 
$
170

 
 
Summary of stock options outstanding and exercisable by range of excercise prices
Schedule of estimated future share-based compensation expense
Based on the value of options outstanding as of January 3, 2015, estimated future share-based compensation expense is as follows:
Fiscal year 2015
$
193

Fiscal year 2016
139

Fiscal year 2017
43

 
$
375