Quarterly report pursuant to Section 13 or 15(d)

Share-based Compensation

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Share-based Compensation
6 Months Ended
Jul. 04, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation
Share-Based Compensation
We recognized share-based compensation expense (benefit) of $(15) and $93 for the three months ended July 4, 2015, and June 28, 2014, respectively and $48 and $140 for the six months ended July 4, 2015 and June 28, 2014, respectively. In May 2015, we granted options to purchase 30 shares of common stock at $1.98 per share, vesting in six months and a fair value of $1.66 per share.

Based on the value of options outstanding as of July 4, 2015, estimated future share-based compensation expense is as follows:
Balance of fiscal year 2015
90

Fiscal year 2016
106

Fiscal year 2017
44

 
$
240



The estimate above does not include any expense for additional options that may be granted and vest during the remainder of 2015, 2016 and 2017.