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Stock-Based Compensation

6 Months Ended

Dec. 23, 2012

Stock-Based Compensation

Stock-Based Compensation

Stock-Based Compensation

For the three months and six months ended December 23, 2012, the Company recognized stock-based compensation expense of $45,000 and $90,000, respectively.  As of December 23, 2012, unamortized stock-based compensation expense was $0.3 million.

The following table summarizes the number of shares of the Company’s common stock subject to outstanding stock options:

			Six Months Ended
			December 23, 2012				December 25, 2011
	Outstanding at beginning of year			486,506				604,036
	Granted			414,800				94,032
	Exercised			-				(10,000	)
	Forfeited/Canceled/Expired			-				(15,000	)
	Outstanding at end of period			901,306				673,068
	Exercisable at end of period			380,706				511,702

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The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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-Name Statement of Position (SOP)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 3: http://www.xbrl.org/2003/role/presentationRef

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