Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v2.4.0.6
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 24, 2012
Summary Of Stock-Based Compensation Activity

A summary of stock-based compensation activity and changes for the twenty-six weeks ended June 24, 2012 are as follows:

 

     Shares     Weighted
Average
Exercise Price		      Weighted
Average
Remaining
Contractual
Term (Year)		      Aggregate
Intrinsic
Value		  

Outstanding and expected to vest at December 25, 2011

      970,273      $ 4.36         

Granted

      63,797        13.54         

Exercised

      -          -           

Forfeited

      (4,350 )      8.88         
  

 

 

  

Outstanding and expected to vest at June 24, 2012

      1,029,720      $ 4.90         5.61       $ 8,589   
  

 

 

  

Exercisable at June 24, 2012

      738,824      $ 3.72         5.02       $ 6,882   
  

 

 

  
Weighted-Average Assumptions

The weighted-average grant date fair value of options granted during the twenty-six weeks ended June 24, 2012 was $5.28 per share, as estimated at the date of grant using the Black-Scholes pricing model. Expected volatility was based on competitors within the industry with the following weighted-average assumptions:

 

Dividend yield

      0%   

Expected volatility

      44%   

Risk-free rate of return

      0.90%   

Expected life

      5 years