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Stock Based Compensation

9 Months Ended

Mar. 29, 2015

Stock-Based Compensation

Stock-Based Compensation

(4)           Stock-Based Compensation

For the three months and nine months ended March 29, 2015, the Company recognized stock-based compensation expense of $30,000 and $83,000, respectively.  As of March 29, 2015, 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:

		Nine Months Ended
		March 29, 2015				March 30, 2014
Outstanding at beginning of year			921,198				851,306
Granted			108,800				85,392
Exercised			(170,200	)			(39,144	)
Forfeited/Canceled/Expired			-				(38,856	)
Outstanding at end of period			859,798				858,698
Exercisable at end of period			395,178				473,659

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- Definition

The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans.

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