Annual report pursuant to Section 13 and 15(d)

Note 6 - Stock Based Compensation (Tables)

v2.4.1.9
Note 6 - Stock Based Compensation (Tables)
12 Months Ended
Dec. 28, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
    2000     2010     Total                 Weighted  
                      Weighted
average
    Aggregate     average
remaining
 
   

Incentive Plan

   

Incentive Plan

   

Outstanding
options

   

exercise
price

   

intrinsic
value

   

contractual
term (years)

 

Outstanding balance at January 1, 2012

    280,826       922,000       1,202,826     $ 2.82                  

Options granted under

          350,000       350,000     $ 3.11                  

Options expired

    (13,600 )           (13,600 )   $ 22.83                  

Options exercised

    (138,419 )           (138,419 )   $ 1.36                  

Outstanding balance at December 30, 2012

    128,807       1,272,000       1,400,807     $ 2.82                  

Options granted

          235,000       235,000     $ 2.06                  

Options forfeited

    (55,743 )     (1,072,000 )     (1,127,743 )   $ 2.90                  

Options exercised

    (73,064 )           (73,064 )   $ 0.93                  

Outstanding balance at December 29, 2013

          435,000       435,000     $ 2.50                  

Options granted

          498,879       498,879     $ 1.80                  

Options forfeited

          (116,667 )     (116,667 )   $ 2.48                  

Options exercised

                    $                  
                                                 

Outstanding balance at December 28, 2014

          817,212       817,212     $ 2.07     $       7.3  
                                                 

Exercisable balance at December 28, 2014

                    203,336     $ 2.60     $       3.1  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

Period ended

December 28,

2014

   

Period ended

December 29,

2013

   

Period ended

December 30,

2012

 

 

Black-Scholes weighted-average assumptions

                       
                         

Expected dividend yield

    0.0 %     0.0 %     0.0 %

Expected volatility

    57.0 %     69.1 %     83.0 %

Expected forfeiture

    18.0 %     16.0 %     16.0 %

Risk-free interest rate

    1.22 %     0.4 %     0.5 %

Expected option life in years

    4.2       3.7       4.0  
                         

Weighted-average stock option fair value per option granted

  $ 0.82     $ 1.03     $ 1.86  
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
 

Outstanding
options

   

Weighted
average
exercise
price

   

Exercisable
options

   

Weighted
average
exercise
price

 
                               
    498,879     $ 1.80           $  
    25,000     $ 1.96       16,666     $ 1.96  
    100,000     $ 2.02       33,334     $ 2.02  
    10,000     $ 2.17       3,334     $ 2.17  
    50,000     $ 2.19       50,000     $ 2.19  
    133,333     $ 3.11       100,001     $ 3.11  
                               
    817,212     $ 2.07       203,336     $ 2.60  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
     

Outstanding
options

   

Weighted
average
stock
price

   

Weighted
average
remaining
contractual
term (years)

 
                           

Outstanding balance at December 29, 2013

        $          

RSU granted under the 2010 Incentive Plan

    520,433     $ 1.94          

RSU forfeited

        $          

RSU converted into common shares

        $          
                           

Outstanding balance at December 28, 2014

    520,433     $ 1.94       2.5