XML 19 R8.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock-Based Compensation
 6 Months Ended
Dec. 25, 2016
Stock-Based Compensation  
Stock-Based Compensation

(3)           Stock-Based Compensation

 

                Stock Options

 

For the three months ended December 25, 2016, and December 27, 2015, the Company recognized stock-based compensation expense related to stock options of $25,000 and $45,000, respectively.  For the six month periods ended December 25, 2016, and December 27, 2015, the Company recognized stock-based compensation expense related to stock options of $50,000 and $90,000, respectively.  As of December 25, 2016, unamortized stock-based compensation expense was $0.1 million.

 

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

 

<BTB>

 

Six Months Ended   

 

<BTB>

 

December 25,

2016

 

 

December 27,

2015

 

 

 

 

 

 

 

 

Outstanding at beginning of year

 

$

847,556

 

 

 

871,798

 

 

 

 

 

 

 

 

 

 

Granted

 

 

50,000

 

 

 

42,786

 

Exercised

 

 

(315,000

)

 

 

-

 

Forfeited/Canceled/Expired

 

 

(80,000

)

 

 

-

 

 

 

 

 

 

 

 

 

 

Outstanding at end of period

 

 

502,556

 

 

 

914,584

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

365,406

 

 

 

551,028

 

 

Restricted Stock Units

 

For the three months ended December 25, 2016 and December 27, 2015, the Company recognized stock-based compensation expense related to restricted stock units in the amount of $20,000 and $0, respectively.  For the six months ended December 25, 2016 and December 27, 2015, the Company recognized stock-based compensation expense related to restricted stock units in the amount of $40,000 and $0, respectively.  As of December 25, 2016, unamortized stock-based compensation expense related to restricted stock units was $0.5 million.

 

A summary of the staus of restricted stock units as of December 25, 2016, and changes during the six months then ended is presented below:

 

 

 

 Number of Restricted Stock Units

 

 

 

 

 

 

 

 Unvested at June 26, 2016

 

$

79,620

 

 Granted

 

 

236,310

 

 Vested

 

 

-

 

 Forfeited

 

 

(43,750

)

 Unvested at December 25, 2016

 

 

272,180