Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity and Share-Based Compensation (Tables)

v2.4.0.6
Stockholders' Equity and Share-Based Compensation (Tables)
3 Months Ended
Mar. 30, 2013
Stockholders' Equity and Share-Based Compensation [Abstract]  
Summary of stock option activity
                                 
    Shares     Weighted
Average
Exercise Price
    Weighted Average
Remaining
Contractual
Term (in years)
    Aggregate
Intrinsic Value 
(1)
 

Options outstanding, December 29, 2012

    7,428,240     $ 5.13       6.23          

Granted

    10,000     $ 1.46                  

Exercised

    (17,226   $ 1.31                  

Expired

    (23,684   $ 6.88                  

Forfeited

    (25,418   $ 4.08                  
   

 

 

                         

Options outstanding, March 30, 2013

    7,371,912     $ 5.14       5.86     $  —    

Vested and expected to vest at March 30, 2013

    7,096,695     $ 5.16       5.75     $ —    

Options exercisable, March 30, 2013

    6,059,321     $ 5.13       5.28     $ —    

 

(1)

These amounts represent the difference between the exercise price and the closing price of U.S. Auto Parts Network, Inc. stock on March 30, 2013 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
         
    Thirteen Weeks Ended
    March 30,
2013
  March 31,
2012

Expected life

  5.73 years   5.73 years

Risk-free interest rate

  1.0%   1.2%

Expected volatility

  72%   73%

Expected dividend yield

  0%   0%
Summary of share-based compensation from options, warrants and stock awards
                 
    Thirteen Weeks Ended  
    March 30,
2013
    March 31,
2012
 

Marketing expense

  $ 84     $ 44  

General and administrative expense

    282       422  

Fulfillment expense

    31       93  

Technology expense

    12       25  
   

 

 

   

 

 

 

Total share-based compensation expense

  $ 409     $ 584