CarParts.com, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity and Share-Based Compensation (Tables)

Stockholders' Equity and Share-Based Compensation (Tables)

12 Months Ended

Dec. 29, 2012

Stockholders' Equity and Share-Based Compensation [Abstract]


	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value ⁽¹⁾
Options outstanding, December 31, 2011		7,454,718		$	5.03		6.09
Granted		897,500		$	4.02
Exercised		(489,105	)	$	1.30
Expired		(228,206	)	$	5.78
Forfeited		(206,667	)	$	4.95

Options outstanding, December 29, 2012		7,428,240		$	5.13		6.23	$	273,450
Vested and expected to vest at December 29, 2012		7,048,525		$	5.16		6.08	$	273,445
Options exercisable, December 29, 2012		5,827,185		$	5.12		5.55	$	266,990

⁽¹⁾	These amounts represent the difference between the exercise price and the closing price of U.S. Auto Parts Network, Inc. stock on December 29, 2012 as reported on the NASDAQ National Market, for all options outstanding that have an exercise price currently below the closing price.

Summary of assumptions used for fair value of option grant


	Fifty-Two Weeks Ended
	December 29, 2012	December 31, 2011	January 1, 2011
Expected life	5.73 years	6 – 6.25 years	6 – 6.25 years
Risk-free interest rate	1%	1% – 3%	2% – 3%
Expected volatility	71% – 74%	50% – 52%	51%
Expected dividend yield	0%	0%	0%

Summary of share-based compensation from options, warrants and stock awards


	Fifty-Two Weeks Ended
	December 29, 2012			December 31, 2011		January 1, 2011
Marketing expense	$	505		$	413	$	321
General and administrative expense		1,119			1,580		1,869
Fulfillment expense ⁽¹⁾		(38	)		370		376
Technology expense		87			244		176

Total share-based compensation expense	$	1,673		$	2,607	$	2,742

⁽¹⁾	For the fifty-two weeks ended December 29, 2012, the negative balance was due to an adjustment of $279,500 related to performance stock options because the performance goal was not met or it is not probable that the performance goal will be met at the end of the requisite service period.

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

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