Kopin (KOPN) 10-Q6 Nov 142014 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 27, 2014	Oct. 31, 2014
Document Documentand Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	27-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'KOPN	'
Entity Registrant Name	'KOPIN CORP	'
Entity Central Index Key	'0000771266	'
Current Fiscal Year End Date	'--12-27	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	65,907,855

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 27, 2014	Dec. 28, 2013
Current assets:	'	'
Cash and equivalents	$17,049,083	$16,756,666
Marketable debt securities, at fair value	76,955,910	95,972,535
Accounts receivable, net of allowance of $266,000 and $202,000 in 2014 and 2013, respectively	3,621,055	2,388,461
Inventory	3,922,395	3,078,055
Prepaid taxes	262,282	233,642
Prepaid expenses and other current assets	1,365,118	1,178,643
Total current assets	103,175,843	119,608,002
Property, plant and equipment, net	5,157,660	6,034,963
Goodwill	1,005,788	1,016,132
Intangible assets, net	854,286	1,581,502
Other assets	1,614,286	3,024,458
Accounts and Notes Receivable, Net	14,916,667	14,866,666
Total assets	126,724,530	146,131,723
Current liabilities:	'	'
Accounts payable	4,560,754	3,868,865
Accrued payroll and expenses	1,612,161	1,436,391
Accrued warranty	716,000	716,000
Billings in excess of revenue earned	345,496	547,681
Other accrued liabilities	2,769,194	3,157,394
Deferred Tax Liabilities, Net, Current	1,409,764	1,512,771
Total current liabilities	11,413,369	11,239,102
Asset retirement obligations	325,892	329,435
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Preferred stock, par value $.01 per share: authorized, 3,000 shares; none issued	0	0
Common stock, par value $.01 per share: authorized, 120,000,000 shares; issued 78,110,113 shares in 2014 and 77,567,631 shares in 2013; outstanding 62,648,707 shares in 2014 and 62,560,946 shares in 2013	747,510	745,935
Additional paid-in capital	324,315,282	320,511,458
Treasury stock (12,102,258 and 12,032,537 shares in 2014 and 2013, respectively, at cost)	-42,741,551	-42,442,932
Accumulated other comprehensive income	3,508,858	3,441,997
Accumulated deficit	-170,613,010	-147,703,211
Total Kopin Corporation stockholders' equity	115,217,089	134,553,247
Noncontrolling interest	-231,820	9,939
Total stockholders' equity	114,985,269	134,563,186
Total liabilities and stockholders' equity	$126,724,530	$146,131,723

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 27, 2014	Dec. 28, 2013
Statement of Financial Position [Abstract]	'	'
Accounts receivable, allowance	$0	$202,000
Preferred stock, par value	$0.01	$0.01
Preferred stock, authorized	3,000	3,000
Preferred stock, issued	0	0
Common stock, par value	$0.01	$0.01
Common stock, authorized	120,000,000	120,000,000
Common stock, issued	78,110,113	77,567,631
Common stock, outstanding	62,648,707	62,560,946
Treasury stock, shares	12,102,258	12,032,537

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (USD $)	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
Revenues:	'	'	'	'
Net product revenues	$9,066,028	$4,888,791	$18,200,451	$16,065,593
Research and development revenues	465,995	61,257	2,969,629	1,282,185
Total revenues	9,532,023	4,950,048	21,170,080	17,347,778
Expenses:	'	'	'	'
Cost of product revenues	5,204,125	4,622,252	13,583,313	16,790,618
Research and development	4,832,469	5,586,745	15,055,723	13,492,253
Selling, general and administration	5,015,367	5,049,936	14,933,424	15,651,581
Total expenses	15,051,961	15,258,933	43,572,460	45,934,452
(Loss) income from operations	-5,519,938	-10,308,885	-22,402,380	-28,586,674
Other income and expense:	'	'	'	'
Interest income	237,957	326,684	669,434	922,348
Other income net	10,862	33,164	271,443	51,069
Foreign currency transaction (losses) gains	246,227	-773,044	-246,479	-181,120
Gain (Loss) on Sale of Investments	0	1,899,291	0	1,899,291
Asset Impairment Charges	0	0	-1,319,287	-2,485,393
Total other income and expense	495,046	1,486,095	-624,889	206,195
(Loss) income before provision for income taxes, equity losses in unconsolidated affiliates and net loss (income) attributable to noncontrolling interest	-5,024,892	-8,822,790	-23,027,269	-28,380,479
Tax provision	-44,000	33,000	62,000	12,879,000
(Loss) income before equity loss in unconsolidated affiliates and net (loss) income of noncontrolling interest	-5,068,892	-8,789,790	-22,965,269	-15,501,479
Equity losses in unconsolidated affiliates	-35,016	-225,408	-259,874	-408,194
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	-5,103,908	-9,015,198	-23,225,143	-15,909,673
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0	0	0	20,147,532
Net (loss) income	-5,103,908	-9,015,198	-23,225,143	4,237,859
Net loss (income) attributable to the noncontrolling interest	134,468	243,747	315,344	712,360
Net (loss) income attributable to the controlling interest	($4,969,440)	($8,771,451)	($22,909,799)	$4,950,219
Net (loss) income per share	'	'	'	'
Income (Loss) from Continuing Operations, Per Basic Share	($0.08)	($0.14)	($0.37)	($0.24)
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share	$0	$0	$0	$0.32
Basic	($0.08)	($0.14)	($0.37)	$0.08
Income (Loss) from Continuing Operations, Per Diluted Share	($0.08)	($0.14)	($0.37)	($0.24)
Income (Loss) from Discontinued Operations, Net of Tax, Per Diluted Share	$0	$0	$0	$0.32
Diluted	($0.08)	($0.14)	($0.37)	$0.08
Weighted average number of common shares	'	'	'	'
Basic	62,646,757	63,542,348	62,606,822	62,620,814
Diluted	62,646,757	63,542,348	62,606,822	63,709,833

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (USD $)	3 Months Ended		9 Months Ended
	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net (loss) income	($5,103,908)	($9,015,198)	($23,225,143)	$4,237,859
Foreign currency translation adjustments	-463,951	1,375,756	-376,164	136,248
Holding (loss) gain on marketable securities	271,465	126,461	421,054	-1,438,709
Reclassifications of gains in net (loss) income	-1,874	-1,885,691	-5,826	-1,914,883
Other Comprehensive Income (Loss), Net of Tax	-194,360	-383,474	39,064	-3,217,344
Comprehensive (loss) income	-5,298,268	-9,398,672	-23,186,079	1,020,515
Comprehensive loss (income) attributable to the noncontrolling interest	190,666	139,550	343,141	698,524
Comprehensive (loss) income attributable to controlling interest	($5,107,602)	($9,259,122)	($22,842,938)	$1,719,039

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional Paid-in Capital	Parent [Member]	Stockholders' Equity, Total [Member]	Treasury Stock	Accumulated Other Comprehensive Income	Accumulated Deficit	Noncontrolling Interest
Beginning Balance at Dec. 28, 2013	$134,563,186	$745,935	$320,511,458	'	$134,553,247	($42,442,932)	$3,441,997	($147,703,211)	$9,939
Beginning Balance (in shares) at Dec. 28, 2013	'	74,593,483	'	'	'	'	'	'	'
Stock-based compensation	3,825,254	'	3,825,254	'	3,825,254	'	'	'	'
Adjustments To Additional Paid In Capital Other Shares	'	138,000	'	'	'	'	'	'	'
Adjustments to Additional Paid in Capital, Other	'	1,380	-1,380	'	'	'	'	'	'
Net unrealized holding gain on marketable securities	39,064	'	'	'	66,861	'	66,861	'	-27,797
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	36,750	36,750	'	'	'	'	'	'	'
Stock Issued During Period, Value, Stock Options Exercised	137,813	368	137,445	'	137,813	'	0	'	0
Noncontrolling Interest, Increase from Business Combination	0	'	-101,382	'	-101,382	'	'	'	101,382
Shares Paid for Tax Withholding for Share Based Compensation	'	17,268	'	'	'	'	'	'	'
Payments Related to Tax Withholding for Share-based Compensation	56,286	173	56,113	56,286	'	'	'	'	'
Treasury Stock, Value, Acquired, Cost Method	298,619	'	'	'	298,619	298,619	'	'	'
Net loss	-23,225,143	'	'	'	-22,909,799	'	'	-22,909,799	-315,344
Ending Balance at Sep. 27, 2014	$114,985,269	$747,510	$324,315,282	'	$115,217,089	($42,741,551)	$3,508,858	($170,613,010)	($231,820)
Ending Balance (in shares) at Sep. 27, 2014	'	74,750,965	'	'	'	'	'	'	'

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Sep. 27, 2014	Sep. 28, 2013
Cash flows from operating activities:	'	'
Net (loss) income	($23,225,143)	$4,237,859
Adjustments to reconcile net (loss) income to net cash provided by operating activities:	'	'
Depreciation and amortization	2,587,551	3,058,056
Amortization of premium or discount on marketable debt securities	60,544	211,821
Stock-based compensation	3,555,454	3,648,904
Gain (Loss) on Sale of Investments	0	-1,899,291
Payments to Acquire Interest in Subsidiaries and Affiliates	102,305	408,194
Asset Impairment Charges	1,319,287	2,485,393
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property	-250,000	0
Gain from sale of III-V product line	0	-33,452,176
Deferred income taxes	-102,995	348,700
Foreign currency losses	229,430	154,138
Change in allowance for bad debt	94,019	6,535
Other non-cash items	245,599	864,233
Changes in assets and liabilities:	'	'
Accounts receivable	-1,129,914	4,285,421
Inventory	-1,096,976	2,357,892
Prepaid expenses and other current assets	-217,941	-24,697
Accounts payable and accrued expenses	641,685	-92,694
Billings in excess of revenue earned	-202,185	561,773
Net cash used in operating activities	-17,389,280	-12,839,939
Cash flows from investing activities:	'	'
Other assets	-47,456	-81,804
Capital expenditures	-1,544,056	-519,323
Proceeds from sale of marketable debt securities	33,386,147	14,100,760
Purchase of marketable debt securities	-14,130,888	-47,319,491
Proceeds from sale of III-V product line	0	55,188,020
Payments to Acquire Business Two, Net of Cash Acquired	0	211,484
Purchases of cost based investments	0	-3,450,278
Proceeds from Sale and Maturity of Other Investments	0	2,597,289
Proceeds from Sale of Machinery and Equipment	250,000	0
Net cash provided by investing activities	17,913,747	20,726,657
Net cash used in financing activities	'	'
Treasury stock purchases	-298,619	-5,986,821
Purchase of noncontrolling interest in Kowon	0	-3,662,400
Proceeds from exercise of stock options	137,813	0
Settlement of restricted stock for tax withholding obligations	-56,286	-11,449
Net cash used in financing activities	-217,092	-9,660,670
Effect of exchange rate changes on cash	-14,958	-71,042
Net increase (decrease) in cash and equivalents	292,417	-1,844,994
Cash and equivalents:	'	'
Beginning of period	16,756,666	27,135,387
End of period	17,049,083	25,290,393
Supplemental disclosure of cash flow information:	'	'
Income taxes paid	70,300	0
Supplemental schedule of noncash investing activities:	'	'
Construction in progress included in accrued expenses	169,500	174,600
Non-cash proceeds from sale of III-V product line	$0	'

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
BASIS OF PRESENTATION	Sep. 27, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Accounting [Text Block]	'
	BASIS OF PRESENTATION
	The accompanying condensed consolidated financial statements include the accounts of Kopin Corporation, its wholly-owned subsidiaries, Kowon Technology Co., Ltd. (Kowon), a majority owned (93%) subsidiary located in Korea, Intoware Ltd. (Intoware), a majority owned (58%) subsidiary located in the United Kingdom (formerly known as Ikanos Consulting Limited), and eMDT America Inc. (eMDT), a majority owned (80%) subsidiary located in California (collectively, the Company). Ownership interests of Kowon, Intoware and eMDT not attributable to the Company are referred to as noncontrolling interests. All intercompany transactions and balances have been eliminated. The condensed consolidated financial statements for the three and nine months ended September 27, 2014 and September 28, 2013 are unaudited and include all adjustments which, in the opinion of management, are necessary to present fairly the results of operations for the periods then ended. These condensed consolidated financial statements should be read in conjunction with the Company’s financial statements and notes thereto, included in the Company’s Annual Report on Form 10-K for the year ended December 28, 2013.
	The Company has a plan to close Kowon's facility, however as of September 27, 2014 and December 28, 2013, the sale of the facility does not meet the criteria for assets held for sale based on the anticipated time to sell the facility.
	During the second quarter of 2014, the Company paid approximately $0.3 million to acquire an additional 29% ownership in its eMDT subsidiary.
	The results of the Company's operations for any interim period are not necessarily indicative of the results of the Company's operations for any other interim period or for a full fiscal year.
	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contract with Customers (Topic 606). The reporting standard requires the Company to identify the performance obligations in a contract, determine the transaction price, allocate the transaction price to each of the obligations and then recognizes the transaction price as the obligations are fulfilled. The standard also requires certain new disclosures. The standard is effective for annual and interim reporting periods beginning after December 15, 2016. The Company is currently assessing the potential impact of the adoption of ASU 2014-09 on its consolidated financial statements.
	During the nine months ended September 27, 2014, the change in the Company's accumulated other comprehensive income was the net of $(0.4) million foreign currency translation adjustment and $0.4 million unrealized holding gains on marketable securities.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Sep. 27, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
	Discontinued Operations
	On January 16, 2013 (the Closing Date), the Company sold its III-V product line, including all of the outstanding equity interest in KTC Wireless, LLC (KTC), a wholly owned subsidiary of the Company, to IQE KC, LLC and IQE plc pursuant to a Purchase Agreement (the Purchase Agreement) entered into on January 10, 2013, for a net purchase price of $70.2 million and the gain on the sale, net of tax, was $20.4 million. Under the terms of the Purchase Agreement, $55 million was paid to the Company in January 2013, $0.2 million was paid in April 2013 and the remaining $15.0 million will be paid to the Company on the third anniversary of the Closing Date. The Company has recorded the $15.0 million receivable at the discounted value of $14.8 million, at the date of disposition. The Company is accreting this balance over the three year period.
	The operating results of the III-V product line prior to the sale are reported within income from discontinued operations, net of tax, in the consolidated statement of operations.
	The following table summarizes the results from discontinued operations (in millions) for the nine months ended September 28, 2013:


		28-Sep-13
	Net product and research and development revenues	$	2.3

	Loss from discontinued operations before income taxes	(0.2		)
	Provision for income taxes on discontinued operations	—

	Discontinued operations, net of tax	$	(0.2	)
	Gain on sale, net of $13.1 million of tax	20.4

	Income from discontinued operations, net of tax	$	20.2

CASH_AND_EQUIVALENTS_AND_MARKE

CASH AND EQUIVALENTS AND MARKETABLE SECURITIES	9 Months Ended
	Sep. 27, 2014
Cash and Equivalents and Marketable Securities Disclosure [Abstract]	'
CASH AND EQUIVALENTS AND MARKETABLE SECURITIES	'
	CASH AND EQUIVALENTS AND MARKETABLE SECURITIES
	The Company considers all highly liquid, short-term debt instruments with original maturities of three months or less to be cash equivalents.
	Marketable debt securities consist primarily of certificates of deposit, medium-term corporate debt, and United States government and agency backed securities. The Company classifies these marketable debt securities as available-for-sale in “Marketable Debt Securities”. The Company records the amortization of premium and accretion of discount on marketable debt securities in the results of operations.
	The Company uses the specific identification method as a basis for determining cost and calculating realized gains and losses with respect to marketable debt securities. The gross gains and losses realized related to sales and maturities of marketable debt securities were not material during the nine months ended September 27, 2014 and the year ended December 28, 2013.
	Investments in available-for-sale marketable debt securities are as follows at September 27, 2014 and December 28, 2013:


		Amortized Cost				Unrealized Gains				Unrealized Losses						Fair Value

		2014		2013		2014		2013		2014			2013			2014		2013

	U.S. government and agency backed securities	$	59,328,107	$	68,970,505	$	—	$	—	$	(275,304	)	$	(686,113	)	$	59,052,803	$	68,284,392

	Corporate debt and certificates of deposit	17,925,335		27,767,513		—		—		(22,228		)	(79,370		)	17,903,107		27,688,143

	Total	$	77,253,442	$	96,738,018	$	—	$	—	$	(297,532	)	$	(765,483	)	$	76,955,910	$	95,972,535

	The contractual maturity of the Company’s marketable debt securities is as follows at September 27, 2014:


		Less than		One to		Greater than		Total
		One year		Five years		Five years
	U.S. government and agency backed securities	$	11,983,923	$	38,898,806	$	8,170,074	$	59,052,803

	Corporate debt and certificates of deposit	14,325,572		2,598,785		978,750		17,903,107

	Total	$	26,309,495	$	41,497,591	$	9,148,824	$	76,955,910

	The Company conducts a review of its marketable debt securities on a quarterly basis for the presence of other-than-temporary impairment (OTTI). The Company assesses whether OTTI is present when the fair value of a debt security is less than its amortized cost basis at the balance sheet date. Under these circumstances OTTI is considered to have occurred (1) if the Company intends to sell the security before recovery of its amortized cost basis; (2) if it is “more likely than not” the Company will be required to sell the security before recovery of its amortized cost basis; or (3) the present value of expected cash flows is not sufficient to recover the entire amortized cost basis.
	The Company further estimates the amount of OTTI resulting from a decline in the credit worthiness of the issuer (credit-related OTTI) and the amount of non credit-related OTTI. Noncredit-related OTTI can be caused by such factors as market illiquidity. Credit-related OTTI is recognized in earnings while noncredit-related OTTI on securities not expected to be sold is recognized in other comprehensive income (loss). The Company did not record an OTTI for the three and nine months ended September 27, 2014 and September 28, 2013.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 27, 2014
Fair Value Disclosures [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	FAIR VALUE MEASUREMENTS
	Financial instruments are categorized as Level 1, Level 2 or Level 3 based upon the method by which their fair value is computed. An investment is categorized as Level 1 when its fair value is based on unadjusted quoted prices in active markets for identical assets that the Company has the ability to access at the measurement date. An investment is categorized as Level 2 if its fair market value is based on quoted market prices for similar assets in active markets, quoted prices for identical or similar assets in markets that are not active, based on observable inputs such as interest rates, yield curves, or derived from or corroborated by observable market data by correlation or other means. An investment is categorized as Level 3 if its fair value is based on assumptions developed by the Company about what a market participant would use in pricing the assets.
	The following table details the fair value measurements of the Company’s financial assets:


				Fair Value Measurement September 27, 2014 Using:
				Level 1		Level 2		Level 3
	Cash and Equivalents	$	17,049,083	$	17,049,083	$	—	$	—

	U.S. Government Securities	59,052,803		19,118,477		39,934,326		—

	Corporate Debt	7,535,888		—		7,535,888		—

	Certificates of Deposit	10,367,219		—		10,367,219		—

	Vuzix Corporation	1,222,118		1,222,118		—		—

	GCS Holdings	181,879		181,879		—		—

		$	95,408,990	$	37,571,557	$	57,837,433	$	—



				Fair Value Measurement December 28, 2013 Using:
				Level 1		Level 2		Level 3
	Cash and Equivalents	$	16,756,666	$	16,756,666	$	—	$	—

	U.S. Government Securities	68,284,392		16,542,003		51,742,389		—

	Corporate Debt	12,984,331		—		12,984,331		—

	Certificates of Deposit	14,703,812		—		14,703,812		—

	Vuzix Corporation	1,433,102		1,433,102		—		—

		$	114,162,303	$	34,731,771	$	79,430,532	$	—

	The corporate debt consists of floating rate notes with a maturity that is over multiple years but has interest rates which are reset every three months based on the then current three month London Interbank Offering Rate (three month Libor). The Company validates the fair market values of the financial instruments above by using discounted cash flow models, obtaining independent pricing of the securities or through the use of a model which incorporates the three month Libor, the credit default swap rate of the issuer and the bid and ask price spread of the same or similar investments which are traded on several markets.
	The carrying amounts of cash equivalents, accounts receivable, accounts payable and accrued liabilities approximate fair value because of their short-term nature. If accrued liabilities were carried at fair value, these would be classified as Level 2 in the fair value hierarchy.

INVENTORY

INVENTORY	9 Months Ended
	Sep. 27, 2014
Inventory Disclosure [Abstract]	'
Inventory	'
	INVENTORY
	Inventory is stated at the lower of cost (determined on the first-in, first-out) or market and consists of the following at September 27, 2014 and December 28, 2013:


		September 27,		December 28,
		2014		2013
	Raw materials	$	2,171,547	$	1,441,569

	Work-in-process	1,331,138		1,003,540

	Finished goods	419,710		632,946

		$	3,922,395	$	3,078,055

NET_LOSS_INCOME_PER_SHARE

NET (LOSS) INCOME PER SHARE	9 Months Ended
	Sep. 27, 2014
Earnings Per Share [Abstract]	'
Net (loss) Income per share	'
	NET (LOSS) INCOME PER SHARE
	Basic net (loss) income per share is computed using the weighted average number of shares of common stock outstanding during the period less any non-vested restricted shares. Diluted earnings per common share, if applicable, is calculated using weighted average shares outstanding and contingently issuable shares, less weighted average shares reacquired during the period. The net outstanding shares are adjusted for the dilutive effect of shares issuable upon the assumed conversion of the Company’s common stock equivalents, which consist of outstanding stock options and unvested restricted stock units.
	Weighted average common shares outstanding used to calculate earnings per share are as follows:


		Three Months Ended		Nine Months Ended
		September 27, 2014	September 28, 2013	September 27, 2014	September 28, 2013
	Weighted average common shares outstanding-basic	62,646,757	63,542,348	62,606,822	62,620,814

	Stock options and non-vested restricted common stock	—	—	—	1,089,019

	Weighted average common shares outstanding-diluted	62,646,757	63,542,348	62,606,822	63,709,833

	The following were not included in weighted average common shares outstanding-diluted because they are anti-dilutive or performance or market conditions had not been met at the end of the period.


		September 27, 2014	September 28, 2013
	Non-vested restricted common stock	3,359,148	1,445,000

	Stock options	391,100	708,334

	Total	3,750,248	2,153,334

	Not included in weighted average common shares outstanding-diluted are the warrants to purchase 200,000 shares of the Company’s common stock for $3.49 per share.

STOCKBASED_COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Sep. 27, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
STOCK-BASED COMPENSATION	'
	STOCK-BASED COMPENSATION
	The fair value of non-vested restricted common stock awards is generally the market value of the Company’s common stock on the date of grant. The non-vested common stock awards require the employee to fulfill certain obligations, including remaining employed by the Company for one, two or four years (the vesting period) and in certain cases also require meeting either performance criteria or the Company’s stock achieving a certain price. For non-vested restricted common stock awards which solely require the recipient to remain employed with the Company, the stock compensation expense is amortized over the anticipated service period. For non-vested restricted common stock awards which require the achievement of performance criteria, the Company reviews the probability of achieving the performance goals on a periodic basis. If the Company determines that it is probable that the performance criteria will be achieved, the amount of compensation cost derived for the performance goal is amortized over the anticipated service period. If the performance criteria are not met, no compensation cost is recognized and any previously recognized compensation cost is reversed. The Company recognizes compensation costs on a straight-line basis over the requisite service period for time-vested awards.
	During the nine months ended September 27, 2014, the Company's 2010 Equity Plan was amended to increase the number of authorized shares by 1.9 million.
	A summary of stock option award activity under the Equity Award plans as of September 27, 2014 and changes during the nine month period then ended is as follows (all options were vested as of September 27, 2014):


		Nine Months Ended September 27, 2014
		Shares		Weighted
				Average
				Exercise
				Price
	Balance, December 28, 2013	558,850		$	5.09

	Options forfeited/canceled	(131,000	)	4.97

	Options exercised	(36,750	)	3.75

	Balance, all exercisable, September 27, 2014	391,100		$	5.26

	The following table summarizes information about stock options outstanding and exercisable at September 27, 2014:


		Options Outstanding and Exercisable
	Range of Exercise Prices	Number			Weighted
		Outstanding			Average
		and			Exercise
		Exercisable			Price
	$ 3.15—$ 3.50	127,500			$	3.49

	$ 3.75—$ 3.87	163,600			3.75

	$10.00	100,000			10

		391,100			5.26

	Aggregate intrinsic value on September 27, 2014	$	1,700

	The weighted average remaining contractual life of the outstanding options is less than one year. The Company has issued warrants to purchase 200,000 shares of the Company’s common stock for $3.49 per share.
	Non-Vested Restricted Common Stock
	A summary of the activity for non-vested restricted common stock awards as of September 27, 2014 and changes during the nine month period then ended is presented below:


		Shares		Weighted
				Average
				Grant
				Fair
				Value
	Balance, December 28, 2013	2,974,148		$	4.25

	Granted	573,000		3.97

	Forfeited	(50,000	)	4.44

	Vested	(138,000	)	3.28

	Balance, September 27, 2014	3,359,148		$	4.25

	Included within the non-vested restricted common stock table above is 50,000 awards granted for which the performance conditions have yet to be determined and therefore a grant date has not yet been established for the award. No stock based compensation expense has been recorded relating to this award during the three and nine month period ended September 27, 2014.
	Stock-Based Compensation
	The following table summarizes stock-based compensation expense within each of the categories below as it relates to non-vested restricted common stock awards for the nine months ended September 27, 2014 and September 28, 2013 (no tax benefits were recognized):


		Nine Months Ended
	September 27,			September 28,
	2014			2013
Cost of component revenues	$	590,467		$	254,642

Research and development	773,106			258,187

Selling, general and administrative	2,191,881			3,136,075

Total	$	3,555,454		$	3,648,904

Unrecognized compensation expense for non-vested restricted common stock as of September 27, 2014 totaled $4.7 million and is expected to be recognized over a weighted average period of two years.

OTHER_ASSETS_AND_AMOUNTS_DUE_T

OTHER ASSETS AND AMOUNTS DUE TO / FROM AFFILIATES	9 Months Ended
OTHER ASSETS AND AMOUNTS DUE TO / FROM AFFILIATES	Sep. 27, 2014
Other Assets and Related Party Transactions Disclosure [Abstract]	'
OTHER ASSETS AND AMOUNTS DUE TO / FROM AFFILIATES	'
	OTHER ASSETS AND NOTE RECEIVABLE
	During the nine month period ended September 27, 2014, the Company wrote-off its $1.3 million investment in Kobrite and recorded approximately $0.1 million of losses in Equity Loss in Unconsolidated Affiliate in the Statement of Operations. Prior to the write-off, the Company accounted for its 12% ownership interest using the equity method. One of the Company’s directors is a member of the Board of Directors of Bright LED, principal investor of KoBrite.
	The Company has recorded a $14.9 million note receivable resulting from the sale of its III-V product line and its investment in KTC which is due January 16, 2016. The receivable is collateralized by certain assets of the buyer of the III-V product line. The buyer has outstanding debt and the repayment of the receivable is subject to the buyer remaining within its debt compliance obligations at the time of repayment.

ACCRUED_WARRANTY

ACCRUED WARRANTY	9 Months Ended
	Sep. 27, 2014
Product Warranties Disclosures [Abstract]	'
ACCRUED WARRANTY	'
	ACCRUED WARRANTY
	The Company typically warrants its products against defect for 12 months. A provision for estimated future costs and estimated returns for credit relating to warranty is recorded in the period when product is shipped and revenue recognized, and is updated as additional information becomes available. The Company’s estimate of future costs to satisfy warranty obligations is based primarily on historical warranty expense experienced and a provision for potential future product failures. Changes in the accrued warranty for the nine months ended September 27, 2014 are as follows:


	Balance, December 28, 2013	$	716,000

	Additions	332,000

	Claim and reversals	(332,000		)
	Balance, September 27, 2014	$	716,000

INCOME_TAXES

INCOME TAXES	9 Months Ended
INCOME TAXES	Sep. 27, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	The Company’s tax provision of approximately $44,000 and tax benefit of approximately $62,000 for the three and nine month periods ended September 27, 2014 represent the net movement in estimated foreign withholding on anticipated future remitted earnings of an international subsidiary.
	For the three and nine month periods ended September 28, 2013, discontinued operations reflects the gain on the sale of the III-V product line, including all of the outstanding equity interest in KTC Wireless, LLC. The Company applied current period losses to offset the gain on the sale of the III-V product line. The federal tax benefit from the utilization of the net operating losses is shown in the Company's tax provision in the condensed consolidated statement of operations.

	In accordance with U.S. GAAP, intraperiod tax allocation provisions require allocation of a tax expense to the gain on discontinued operations based upon the Company's statutory tax rate. The Company has net operating loss (NOL) carryforwards available to offset the tax expense. The benefit of these NOLs is reflected in the tax benefit from continuing operations. Accordingly, the Company recorded a tax expense in discontinued operations and a benefit in continuing operations of approximately $13.1 million in 2013.
	As of September 27, 2014, the Company has available for tax purposes U.S. federal NOLs of approximately $65.6 million expiring through 2033. The Company has recognized a full valuation allowance on its domestic and certain foreign net deferred tax assets due to the uncertainty of realization of such assets. The Company has not historically recorded, nor does it intend to record the tax benefits from stock awards until realized. Unrecorded benefits from stock awards approximate $10.1 million.
	The Company’s income tax returns have not been examined by the Internal Revenue Service and are subject to examination for all years since 2002. State income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return. The state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states.

SEGMENTS_AND_GEOGRAPHICAL_INFO

SEGMENTS AND GEOGRAPHICAL INFORMATION	9 Months Ended
	Sep. 27, 2014
Segment Reporting [Abstract]	'
SEGMENTS AND GEOGRAPHICAL INFORMATION	'
	SEGMENTS AND GEOGRAPHICAL INFORMATION
	The Company’s chief operating decision maker is its Chief Executive Officer. The Company has determined it has two reportable segments, FDD, the manufacturer of its reflective display products for test and simulation products, and Kopin, which is comprised of Kopin Corporation, Kowon, Intoware and eMDT. The following table presents the Company’s reportable segment results (in thousands):


		Three Months Ended
		27-Sep-14											28-Sep-13
		Kopin				FDD				Total			Kopin		FDD			Total

	Revenues	$	8,541			$	991			$	9,532		$	4,131	$	819		$	4,950

	Net (loss) income attributable to the controlling interest	(4,500		)		(469		)		(4,969		)	9,071		(300		)	8,771

	Total assets	125,172				1,552				126,725			155,967		3,359			159,326

	Long-lived assets	4,856				302				5,158			5,609		582			6,191

	The total assets of Kopin is the net of $4.5 million and $3.7 million in intercompany loans to FDD as of September 27, 2014 and September 28, 2013, respectively.


		Nine Months Ended
		27-Sep-14											28-Sep-13
		Kopin				FDD				Total			Kopin		FDD			Total

	Revenues	$	18,451			$	2,720			$	21,170		$	14,792	$	2,556		$	17,348

	Net (loss) income attributable to the controlling interest	(21,603		)		(1,307		)		(22,910		)	6,234		(1,284		)	4,950

	During the three and nine month periods ended September 27, 2014 and September 28, 2013, the Company derived its sales from the following geographies (as a percentage of net revenues):


		Three Months Ended						Nine Months Ended
		September 27, 2014			September 28, 2013			September 27, 2014			September 28, 2013
	United States	68	%		36	%		56	%		60	%
	Others	3	%		4	%		1	%		1	%
	Americas	71	%		40	%		57	%		61	%
	Asia-Pacific	21	%		47	%		31	%		30	%
	Europe	8	%		13	%		12	%		9	%
	Total Revenues	100	%		100	%		100	%		100	%

LITIGATION

LITIGATION	9 Months Ended
LITIGATION	Sep. 27, 2014
Commitments and Contingencies Disclosure [Abstract]	'
LITIGATION	'
	LITIGATION
	The Company may engage in legal proceedings arising in the ordinary course of business. Claims, suits, investigations and proceedings are inherently uncertain and it is not possible to predict the ultimate outcome of such matters and our business, financial condition, results of operations or cash flows could be affected in any particular period.

DISCONTINUED_OPERATIONS_Result

DISCONTINUED OPERATIONS Results from Discontinued Operations (Tables)	9 Months Ended
	Sep. 27, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]	'
	The following table summarizes the results from discontinued operations (in millions) for the nine months ended September 28, 2013:


		28-Sep-13
	Net product and research and development revenues	$	2.3

	Loss from discontinued operations before income taxes	(0.2		)
	Provision for income taxes on discontinued operations	—

	Discontinued operations, net of tax	$	(0.2	)
	Gain on sale, net of $13.1 million of tax	20.4

	Income from discontinued operations, net of tax	$	20.2

CASH_AND_EQUIVALENTS_AND_MARKE1

CASH AND EQUIVALENTS AND MARKETABLE SECURITIES (Tables)	9 Months Ended
	Sep. 27, 2014
Cash and Equivalents and Marketable Securities Disclosure [Abstract]	'
Cash Cash Equivalents and Marketable Securities Table	'
	Investments in available-for-sale marketable debt securities are as follows at September 27, 2014 and December 28, 2013:


		Amortized Cost				Unrealized Gains				Unrealized Losses						Fair Value

		2014		2013		2014		2013		2014			2013			2014		2013

	U.S. government and agency backed securities	$	59,328,107	$	68,970,505	$	—	$	—	$	(275,304	)	$	(686,113	)	$	59,052,803	$	68,284,392

	Corporate debt and certificates of deposit	17,925,335		27,767,513		—		—		(22,228		)	(79,370		)	17,903,107		27,688,143

	Total	$	77,253,442	$	96,738,018	$	—	$	—	$	(297,532	)	$	(765,483	)	$	76,955,910	$	95,972,535

Marketable Debt Securities	'
	The contractual maturity of the Company’s marketable debt securities is as follows at September 27, 2014:


		Less than		One to		Greater than		Total
		One year		Five years		Five years
	U.S. government and agency backed securities	$	11,983,923	$	38,898,806	$	8,170,074	$	59,052,803

	Corporate debt and certificates of deposit	14,325,572		2,598,785		978,750		17,903,107

	Total	$	26,309,495	$	41,497,591	$	9,148,824	$	76,955,910

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 27, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements of Financial Instruments	'
	The following table details the fair value measurements of the Company’s financial assets:


				Fair Value Measurement September 27, 2014 Using:
				Level 1		Level 2		Level 3
	Cash and Equivalents	$	17,049,083	$	17,049,083	$	—	$	—

	U.S. Government Securities	59,052,803		19,118,477		39,934,326		—

	Corporate Debt	7,535,888		—		7,535,888		—

	Certificates of Deposit	10,367,219		—		10,367,219		—

	Vuzix Corporation	1,222,118		1,222,118		—		—

	GCS Holdings	181,879		181,879		—		—

		$	95,408,990	$	37,571,557	$	57,837,433	$	—



				Fair Value Measurement December 28, 2013 Using:
				Level 1		Level 2		Level 3
	Cash and Equivalents	$	16,756,666	$	16,756,666	$	—	$	—

	U.S. Government Securities	68,284,392		16,542,003		51,742,389		—

	Corporate Debt	12,984,331		—		12,984,331		—

	Certificates of Deposit	14,703,812		—		14,703,812		—

	Vuzix Corporation	1,433,102		1,433,102		—		—

		$	114,162,303	$	34,731,771	$	79,430,532	$	—

INVENTORY_Tables

INVENTORY (Tables)	9 Months Ended
	Sep. 27, 2014
Inventory Disclosure [Abstract]	'
Inventory Stated at the Lower of Cost or Market	'
	Inventory is stated at the lower of cost (determined on the first-in, first-out) or market and consists of the following at September 27, 2014 and December 28, 2013:


		September 27,		December 28,
		2014		2013
	Raw materials	$	2,171,547	$	1,441,569

	Work-in-process	1,331,138		1,003,540

	Finished goods	419,710		632,946

		$	3,922,395	$	3,078,055

NET_LOSS_INCOME_PER_SHARE_Tabl

NET (LOSS) INCOME PER SHARE (Tables)	9 Months Ended
	Sep. 27, 2014
Earnings Per Share [Abstract]	'
Weighted Average Common Shares Outstanding	'
	Weighted average common shares outstanding used to calculate earnings per share are as follows:


		Three Months Ended		Nine Months Ended
		September 27, 2014	September 28, 2013	September 27, 2014	September 28, 2013
	Weighted average common shares outstanding-basic	62,646,757	63,542,348	62,606,822	62,620,814

	Stock options and non-vested restricted common stock	—	—	—	1,089,019

	Weighted average common shares outstanding-diluted	62,646,757	63,542,348	62,606,822	63,709,833

Weighted Average Common Shares Outstanding-Diluted	'
	The following were not included in weighted average common shares outstanding-diluted because they are anti-dilutive or performance or market conditions had not been met at the end of the period.


		September 27, 2014	September 28, 2013
	Non-vested restricted common stock	3,359,148	1,445,000

	Stock options	391,100	708,334

	Total	3,750,248	2,153,334

STOCKBASED_COMPENSATION_Tables

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 27, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock- Based Compensation	'
	A summary of stock option award activity under the Equity Award plans as of September 27, 2014 and changes during the nine month period then ended is as follows (all options were vested as of September 27, 2014):


		Nine Months Ended September 27, 2014
		Shares		Weighted
				Average
				Exercise
				Price
	Balance, December 28, 2013	558,850		$	5.09

	Options forfeited/canceled	(131,000	)	4.97

	Options exercised	(36,750	)	3.75

	Balance, all exercisable, September 27, 2014	391,100		$	5.26

Stock Options Outstanding and Exercisable	'
	The following table summarizes information about stock options outstanding and exercisable at September 27, 2014:


		Options Outstanding and Exercisable
	Range of Exercise Prices	Number			Weighted
		Outstanding			Average
		and			Exercise
		Exercisable			Price
	$ 3.15—$ 3.50	127,500			$	3.49

	$ 3.75—$ 3.87	163,600			3.75

	$10.00	100,000			10

		391,100			5.26

	Aggregate intrinsic value on September 27, 2014	$	1,700

NonVested Restricted Common Stock	'
	A summary of the activity for non-vested restricted common stock awards as of September 27, 2014 and changes during the nine month period then ended is presented below:


		Shares		Weighted
				Average
				Grant
				Fair
				Value
	Balance, December 28, 2013	2,974,148		$	4.25

	Granted	573,000		3.97

	Forfeited	(50,000	)	4.44

	Vested	(138,000	)	3.28

	Balance, September 27, 2014	3,359,148		$	4.25

Stock-Based Compensation Expense	'
	The following table summarizes stock-based compensation expense within each of the categories below as it relates to non-vested restricted common stock awards for the nine months ended September 27, 2014 and September 28, 2013 (no tax benefits were recognized):


		Nine Months Ended
		September 27,			September 28,
		2014			2013
	Cost of component revenues	$	590,467		$	254,642

	Research and development	773,106			258,187

	Selling, general and administrative	2,191,881			3,136,075

	Total	$	3,555,454		$	3,648,904

ACCRUED_WARRANTY_Tables

ACCRUED WARRANTY (Tables)	9 Months Ended
	Sep. 27, 2014
Product Warranties Disclosures [Abstract]	'
Accrued Warranty	'
	Changes in the accrued warranty for the nine months ended September 27, 2014 are as follows:


	Balance, December 28, 2013	$	716,000

	Additions	332,000

	Claim and reversals	(332,000		)
	Balance, September 27, 2014	$	716,000

SEGMENTS_AND_GEOGRAPHICAL_INFO1

SEGMENTS AND GEOGRAPHICAL INFORMATION (Tables)	9 Months Ended
	Sep. 27, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
	The following table presents the Company’s reportable segment results (in thousands):


		Three Months Ended
		27-Sep-14											28-Sep-13
		Kopin				FDD				Total			Kopin		FDD			Total

	Revenues	$	8,541			$	991			$	9,532		$	4,131	$	819		$	4,950

	Net (loss) income attributable to the controlling interest	(4,500		)		(469		)		(4,969		)	9,071		(300		)	8,771

	Total assets	125,172				1,552				126,725			155,967		3,359			159,326

	Long-lived assets	4,856				302				5,158			5,609		582			6,191

	The total assets of Kopin is the net of $4.5 million and $3.7 million in intercompany loans to FDD as of September 27, 2014 and September 28, 2013, respectively.


		Nine Months Ended
		27-Sep-14											28-Sep-13
		Kopin				FDD				Total			Kopin		FDD			Total

	Revenues	$	18,451			$	2,720			$	21,170		$	14,792	$	2,556		$	17,348

	Net (loss) income attributable to the controlling interest	(21,603		)		(1,307		)		(22,910		)	6,234		(1,284		)	4,950

Percentage of Net Revenues by Geographies	'
	During the three and nine month periods ended September 27, 2014 and September 28, 2013, the Company derived its sales from the following geographies (as a percentage of net revenues):


		Three Months Ended						Nine Months Ended
		September 27, 2014			September 28, 2013			September 27, 2014			September 28, 2013
	United States	68	%		36	%		56	%		60	%
	Others	3	%		4	%		1	%		1	%
	Americas	71	%		40	%		57	%		61	%
	Asia-Pacific	21	%		47	%		31	%		30	%
	Europe	8	%		13	%		12	%		9	%
	Total Revenues	100	%		100	%		100	%		100	%

BASIS_OF_PRESENTATION_Details

BASIS OF PRESENTATION (Details) (USD $)	9 Months Ended			3 Months Ended		3 Months Ended
	Sep. 27, 2014	Sep. 27, 2014	Sep. 27, 2014	Sep. 27, 2014	Sep. 27, 2014	Sep. 27, 2014
	Sep. 27, 2014	Kowon Technology Corporation Limited [Member]	Intoware	eMDT	Accumulated Translation Adjustment [Member]	Accumulated Net Unrealized Investment Gain (Loss) [Member]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'	'	'
Noncontrolling Interest, Ownership Percentage by Parent	'	93.00%	58.00%	80.00%	'	'
Payments to Acquire Additional Interest in Subsidiaries	'	'	'	$300,000	'	'
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Purchase of Interest by Parent	'	'	'	0.29	'	'
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	'	'	'	'	-400,000	'
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax	$39,064	'	'	'	'	$400,000

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Details) (USD $)	3 Months Ended		9 Months Ended				1 Months Ended	3 Months Ended	9 Months Ended
	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013	Dec. 28, 2013	Jan. 16, 2013	Jan. 31, 2013	Sep. 27, 2014	Sep. 28, 2013	Jan. 16, 2013
	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013	Dec. 28, 2013	Jan. 16, 2013	III-V product line including all outstanding equity interest in KTC Wireless, LLC	III-V product line including all outstanding equity interest in KTC Wireless, LLC	III-V product line including all outstanding equity interest in KTC Wireless, LLC	III-V product line including all outstanding equity interest in KTC Wireless, LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'	'	'	'	'	'	'
Net purchase price	$70,200,000	'	$70,200,000	'	'	'	'	'	'	'
Proceeds received from divestiture	'	'	'	'	'	'	55,000,000	200,000	'	'
Receivable	'	'	'	'	'	'	'	'	'	15,000,000
Accounts and Notes Receivable, Net	14,916,667	'	14,916,667	'	14,866,666	14,800,000	'	'	'	'
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]	'	'	'	'	'	'	'	'	'	'
Net sales and other operating revenues	'	'	'	'	'	'	'	'	2,300,000	'
Income from operations before income taxes	'	'	'	'	'	'	'	'	-200,000	'
Provision for income taxes on operations	'	'	'	'	'	'	'	'	0	'
Income from operations, net of tax	'	'	'	'	'	'	'	'	-200,000	'
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax	20,400,000	'	'	'	'	'	'	'	20,400,000	'
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	$0	$0	$0	$20,147,532	'	'	'	'	$20,200,000	'

CASH_AND_EQUIVALENTS_AND_MARKE2

CASH AND EQUIVALENTS AND MARKETABLE SECURITIES (Details) (USD $)	Sep. 27, 2014	Dec. 28, 2013	Sep. 28, 2013	Sep. 27, 2014	Dec. 28, 2013	Sep. 27, 2014	Dec. 28, 2013
	Sep. 27, 2014	Dec. 28, 2013	Debt securities	U.S. government and agency backed securities	U.S. government and agency backed securities	Corporate debt and certificates of deposit	Corporate debt and certificates of deposit
Schedule of Available-for-sale Securities [Line Items]	'	'	'	'	'	'	'
Available-for-sale Debt Securities, Amortized Cost Basis	$77,253,442	$96,738,018	'	$59,328,107	$68,970,505	$17,925,335	$27,767,513
Unrealized Gains	0	0	'	0	0	0	0
Unrealized Losses	-297,532	-765,483	'	-275,304	-686,113	-22,228	-79,370
Fair Value	76,955,910	95,972,535	'	59,052,803	68,284,392	17,903,107	27,688,143
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	'	'	0	'	'	'	'
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]	'	'	'	'	'	'	'
Less than one year	26,309,495	'	'	11,983,923	'	14,325,572	'
One to five years	41,497,591	'	'	38,898,806	'	2,598,785	'
Greater than five years	9,148,824	'	'	8,170,074	'	978,750	'
Available-for-sale Securities	$76,955,910	'	'	$59,052,803	'	$17,903,107	'

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Sep. 27, 2014	Dec. 28, 2013
Level 1	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	$37,571,557	$34,731,771
Level 1 \| Money Markets, Cash and Equivalents	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	17,049,083	16,756,666
Level 1 \| U.S. Government Securities	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	19,118,477	16,542,003
Level 1 \| Corporate Debt	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	'	'
Level 1 \| Certificates of Deposit	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	'	'
Level 1 \| Vuzix [Member]	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	1,222,118	1,433,102
Level 1 \| GCS [Member]	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	181,879	'
Level 2	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	57,837,433	79,430,532
Level 2 \| Money Markets, Cash and Equivalents	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	'	'
Level 2 \| U.S. Government Securities	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	39,934,326	51,742,389
Level 2 \| Corporate Debt	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	7,535,888	12,984,331
Level 2 \| Certificates of Deposit	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	10,367,219	14,703,812
Level 2 \| Vuzix [Member]	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	'	0
Level 2 \| GCS [Member]	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	'	'
Level 3	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	0	0
Level 3 \| Money Markets, Cash and Equivalents	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	0	0
Level 3 \| U.S. Government Securities	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	0	0
Level 3 \| Corporate Debt	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	0	0
Level 3 \| Certificates of Deposit	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	0	0
Level 3 \| Vuzix [Member]	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	0	0
Level 3 \| GCS [Member]	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	0	'
Estimate of Fair Value	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	95,408,990	114,162,303
Estimate of Fair Value \| Money Markets, Cash and Equivalents	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	17,049,083	16,756,666
Estimate of Fair Value \| U.S. Government Securities	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	59,052,803	68,284,392
Estimate of Fair Value \| Corporate Debt	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	7,535,888	12,984,331
Estimate of Fair Value \| Certificates of Deposit	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	10,367,219	14,703,812
Estimate of Fair Value \| Vuzix [Member]	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	1,222,118	1,433,102
Estimate of Fair Value \| GCS [Member]	'	'
Fair Value Measurements [Line Items]	'	'
Financial Instruments, Owned, at Fair Value	$181,879	'

INVENTORY_Details

INVENTORY (Details) (USD $)	Sep. 27, 2014	Dec. 28, 2013
Inventory Disclosure [Abstract]	'	'
Raw materials	$2,171,547	$1,441,569
Work-in-process	1,331,138	1,003,540
Finished goods	419,710	632,946
Inventory	$3,922,395	$3,078,055

NET_LOSS_INCOME_PER_SHARE_Deta

NET (LOSS) INCOME PER SHARE (Details) (USD $)	3 Months Ended		9 Months Ended
NET (LOSS) INCOME PER SHARE (Details) (USD $)	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Weighted average common shares outstanding - basic	62,646,757	63,542,348	62,606,822	62,620,814
Stock options and non-vested restricted common stock	0	0	0	1,089,019
Weighted average common shares outstanding - diluted	62,646,757	63,542,348	62,606,822	63,709,833
Antidilutive securities excluded from computation of earnings per share	'	'	3,750,248	2,153,334
Issuance Of Warrants Shares	'	'	200,000	'
Exercise Price Of Warrants	$3.49	'	$3.49	'
Non-vested restricted common stock	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Antidilutive securities excluded from computation of earnings per share	'	'	3,359,148	1,445,000
Stock options	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Antidilutive securities excluded from computation of earnings per share	'	'	391,100	708,334

STOCKBASED_COMPENSATION_Detail

STOCK-BASED COMPENSATION (Details) (USD $)	9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 27, 2014
Class of Warrant or Right [Line Items]	'
Warrant issued to purchase company's stock	200,000
Warrant issued to purchase company's stock, exercise price	$3.49
Granted	50,000
Period 1	'
Class of Warrant or Right [Line Items]	'
Nonvested common stock awards employment obligations (in years)	'1 year
Period 2	'
Class of Warrant or Right [Line Items]	'
Nonvested common stock awards employment obligations (in years)	'2 years
Period 3	'
Class of Warrant or Right [Line Items]	'
Nonvested common stock awards employment obligations (in years)	'4 years
Restricted stock	'
Class of Warrant or Right [Line Items]	'
Unrecognized compensation cost related to nonvested stock awards	$4.70
Unrecognized compensation cost related to nonvested stock awards, period of recognition (in years)	'2 years
Equity Incentive Plan 2010 [Member]	'
Class of Warrant or Right [Line Items]	'
Number of Additional Shares Authorized	1.9

STOCKBASED_COMPENSATION_Summar

STOCK-BASED COMPENSATION - Summary of Award Activity under the Stock Option Plans and Changes (Details) (USD $)	9 Months Ended
	Sep. 27, 2014
Shares	'
Beginning Balance	558,850
Options forfeited/cancelled	-131,000
Options exercised	-36,750
Ending Balance	391,100
Weighted Average Exercise Price	'
Beginning Balance	$5.09
Options forfeited/cancelled	$4.97
Options exercised	$3.75
Ending Balance	$5.26

STOCKBASED_COMPENSATION_Stock_

STOCK-BASED COMPENSATION - Stock Options Outstanding and Exercisable (Details) (USD $)	Sep. 27, 2014	Dec. 28, 2013	Sep. 27, 2014	Sep. 27, 2014	Sep. 27, 2014
	Sep. 27, 2014	Dec. 28, 2013	Range 1	Range 2	Range 3
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'
Range of Exercise Prices, Lower Limit	'	'	$3.15	$3.75	$10
Range of Exercise Prices, Upper Limit	'	'	$3.50	$3.87	$0
Number Outstanding and Exercisable	391,100	558,850	127,500	163,600	100,000
Weighted Average Exercise Price	$5.26	$5.09	$3.49	$3.75	$10
Aggregate intrinsic value on September 29, 2012	$1,700	'	'	'	'

STOCKBASED_COMPENSATION_Summar1

STOCK-BASED COMPENSATION - Summary of Activity for Nonvested Restricted Common Stock Awards (Details) (Non-vested restricted common stock, USD $)	9 Months Ended
	Sep. 27, 2014
Non-vested restricted common stock	'
Shares	'
Beginning Balance	2,974,148
Granted	573,000
Forfeited	-50,000
Vested	-138,000
Ending Balance	3,359,148
Weighted Average Grant Fair Value	'
Beginning Balance	$4.25
Granted	$3.97
Forfeited	$4.44
Vested	$3.28
Ending Balance	$4.25

STOCKBASED_COMPENSATION_Expens

STOCK-BASED COMPENSATION - Expense Related to Employee Stock Options and Nonvested Restricted Common Stock Awards (Details) (USD $)	9 Months Ended
	Sep. 27, 2014	Sep. 28, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Stock-based compensation	$3,555,454	$3,648,904
Cost of product revenues	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Stock-based compensation	590,467	254,642
Research and development	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Stock-based compensation	773,106	258,187
Selling, general and administrative	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Stock-based compensation	$2,191,881	$3,136,075

OTHER_ASSETS_AND_AMOUNTS_DUE_T1

OTHER ASSETS AND AMOUNTS DUE TO / FROM AFFILIATES (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2014	Jan. 16, 2013
Schedule of Equity Method Investments [Line Items]	'	'
Equity Method Investment, Realized Gain (Loss) on Disposal	$0.10	'
Accounts and Notes Receivable, Net	'	14.9
Ko Brite (Member)	'	'
Schedule of Equity Method Investments [Line Items]	'	'
Carrying value of the investment	$1.30	'
Company's ownership percentage	12.00%	'

ACQUISITION_OF_eMDT_Details

ACQUISITION OF eMDT (Details) (USD $)	9 Months Ended
ACQUISITION OF eMDT (Details) (USD $)	Sep. 27, 2014	Sep. 28, 2013
Business Acquisition [Line Items]	'	'
Payments to Acquire Investments	$0	$3,450,278

ACCRUED_WARRANTY_Details

ACCRUED WARRANTY (Details) (USD $)	9 Months Ended
ACCRUED WARRANTY (Details) (USD $)	Sep. 27, 2014
Product Warranties Disclosures [Abstract]	'
Product warranty term	'12 months
Movement in Standard Product Warranty Accrual [Roll Forward]	'
Beginning Balance	$716,000
Additions	332,000
Claim and reversals	-332,000
Ending Balance	$716,000

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended			9 Months Ended
INCOME TAXES (Details) (USD $)	Sep. 27, 2014	Sep. 28, 2013	Mar. 30, 2013	Sep. 27, 2014	Sep. 28, 2013
Income Taxes [Line Items]	'	'	'	'	'
State income and foreign tax expenses	$44,000	($33,000)	$62,000	($62,000)	($12,879,000)
Income Taxes Paid, Net	0	'	'	'	'
Net operating loss carryforwards available for tax purposes	65,600,000	'	'	65,600,000	'
Unrecorded benefits from stock award	'	'	'	$10,100,000	'
Minimum	'	'	'	'	'
Income Taxes [Line Items]	'	'	'	'	'
State income tax returns examination period	'	'	'	'3 years	'
Maximum	'	'	'	'	'
Income Taxes [Line Items]	'	'	'	'	'
State income tax returns examination period	'	'	'	'5 years	'
The state impact of any federal changes, subject to examination by various states (in years)	'	'	'	'1 year	'

SEGMENTS_AND_GEOGRAPHICAL_INFO2

SEGMENTS AND GEOGRAPHICAL INFORMATION (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Dec. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Jun. 29, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Jun. 29, 2013

Sep. 27, 2014

Sep. 28, 2013

Sep. 27, 2014

Sep. 28, 2013

Jun. 29, 2013

UNITED STATES

All Others

Americas

Asia-Pacific

Europe

Segment, Continuing Operations [Member]

Kopin United States [Member]

Forth Dimension Displays Limited [Member]

Revenues from External Customers and Long-Lived Assets [Line Items]

Revenues

$9,532,023

$4,950,048

$21,170,080

$17,347,778

$9,532,023

$4,950

$21,170,079

$17,348

$8,541,154

$4,131

$18,450,571

$14,792

$990,869

$819

$2,720,000

$2,556

Net Income (Loss) Attributable to Parent

-4,969,440

-8,771,451

-22,909,799

4,950,219

-4,969,442

8,771

-22,909,800

4,950

-4,500,416

9,071

-21,603,091

6,234

-469,026

-300

-1,306,709

-1,284

Assets

126,724,530

146,131,723

126,724,530

159,326

125,172,306

155,967

1,552,224

3,359

Long-Lived Assets

5,157,660

6,191

4,855,628

5,609

302,032

582

Debt of Subsidiary, Not Assumed

$4,500,000

$3,700,000

$4,500,000

$3,700,000

Percentage of total revenue

100.00%

68.00%

36.00%

56.00%

60.00%

3.00%

4.00%

1.00%

71.00%

40.00%

57.00%

61.00%

21.00%

47.00%

31.00%

30.00%

8.00%

13.00%

12.00%

9.00%