Equity

Stock Repurchase Program

In May 2018, our board of directors approved a repurchase program, which does not have an expiration date, for the repurchase of up to $7.5 million of our common stock.

The following table summarizes the repurchases of our common stock:



	Three Months Ended		Nine Months Ended
(In thousands, except share amounts)	March 29, 2019		March 29, 2019
Number of shares repurchased	30,961		122,546
Aggregate purchase price, including commissions	$	434	$	1,873

All repurchased shares were retired. As of March 29, 2019, $5.6 million remained available under our stock repurchase program.

Stock Incentive Programs

As of March 29, 2019, we had two stock incentive plans (both Plans) for our employees and nonemployee directors, the 2018 Incentive Plan and the 2007 Stock Equity Plan, as amended and restated effective November 13, 2015. The 2018 Incentive Plan was approved by the stockholders during the fiscal year 2017 Annual Stockholders’ Meeting and it added 500,000 shares to the equity pool of shares available to grant to employees. During the three months ended December 28, 2018, we granted 15,584 restricted stock units. During the three months ended September 28, 2018, we granted 78,236 performance restricted stock units and 156,466 options to purchase shares of our common stock.

Total compensation expense for share-based awards included in our unaudited Condensed Consolidated Statements of Operations was as follows:



	Three Months Ended				Nine Months Ended
(In thousands)	March 29, 2019		March 30, 2018		March 29, 2019		March 30, 2018
By Expense Category:
Cost of revenues	$	44	$	53	$	144	$	152
Research and development	42		36		123		114
Selling and administrative	372		446		1,129		1,423
Total share-based compensation expense	$	458	$	535	$	1,396	$	1,689
By Types of Award:
Options	$	116	$	36	$	271	$	104
Restricted and performance stock awards and units	342		499		1,125		1,585
Total share-based compensation expense	$	458	$	535	$	1,396	$	1,689

As of March 29, 2019, there was approximately $1.1 million of total unrecognized compensation expense related to nonvested stock options granted under both Plans. This expense is expected to be recognized over a weighted-average period of 2.44 years. As of March 29, 2019, there was $1.3 million of total unrecognized compensation expense related to nonvested stock awards and units granted under both Plans. This expense is expected to be recognized over a weighted-average period of 0.99 year.