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Stock Option Activity (Tables)

12 Months Ended

Jun. 30, 2013

Stock Option Activity

Stock Option Activity

A summary of stock option transactions under all of the Company’s stock option plans and information about fixed-price stock options is as follows:

		Year Ended
		June 30, 2013								June 24, 2012
						Weighted-								Weighted-
						Average								Average
						Exercise								Exercise
		Shares				Price				Shares				Price
Outstanding at beginning
of year			486,506			$	2.80				604,036			$	2.30
Granted			464,800			$	2.70				169,032			$	4.22
Exercised			-								(10,000	)		$	2.45
Forfeited/Canceled/Expired			(100,000	)		$	4.72				(276,562	)		$	2.39
Outstanding at end of year			851,306			$	2.54				486,506			$	2.80
Exercisable at end of year			459,439			$	2.42				319,528			$	2.23
Weighted-average fair value of
options granted during the year						$	1.29							$	1.90
Total intrinsic value of
options exercised						$	-							$	38,320

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- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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