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Stock-Based Compensation

3 Months Ended

Sep. 27, 2015

Stock-Based Compensation

Stock-Based Compensation

(3)           Stock-Based Compensation

For the three months ended September 27, 2015, and September 28, 2014, the Company recognized stock-based compensation expense of $45,000 and $23,000, respectively.  As of September 27, 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:

			Three Months Ended
			September 27, 2015				September 28, 2014
	Outstanding at beginning of year			871,798				921,198
	Granted			42,786				78,800
	Exercised			-				-
	Forfeited/Canceled/Expired			-				-
	Outstanding at end of period			914,584				999,998
	Exercisable at end of period			443,028				484,323

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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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