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STOCK BASED COMPENSATION PLANS (Tables) | 12 Months Ended
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Jun. 27, 2021
STOCK BASED COMPENSATION PLANS [Abstract] |
Summary of Stock Options | 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:
|  | Fiscal Year Ended |
|  | June 27, 2021 |  |  | June 28, 2020 |
|  | Shares |  |  | Shares |
Outstanding at beginning of year |  |  | 206,750 |  |  |  | 216,550 |
Granted |  |  | – |  |  |  | – |
Exercised |  |  | – |  |  |  | – |
Forfeited/Canceled/Expired |  |  | (40,000 | ) |  |  | (9,800 | )
Outstanding at end of period |  |  | 166,750 |  |  |  | 206,750 |
Exercisable at end of period |  |  | 166,750 |  |  |  | 206,750 |
|  | Fiscal Year Ended |
|  | June 27, 2021 |  |  | June 28, 2020 |
|  | Weighted- Average Exercise Price |  |  | Weighted- Average Exercise Price |
Outstanding at beginning of year |  | $ | 4.96 |  |  | $ | 4.82 |
Granted |  |  | – |  |  |  | – |
Exercised |  |  | – |  |  |  | – |
Forfeited/Canceled/Expired |  |  | 2.71 |  |  |  | 1.87 |
Outstanding at end of period |  | $ | 5.49 |  |  | $ | 4.96 |
Exercisable at end of year |  | $ | 5.49 |  |  | $ | 4.96 |
Information on Options Outstanding and Options Exercisable | The following table provides information on options outstanding and options exercisable as of June 27, 2021:
|  |  | Options Outstanding |  |  | Options Exercisable |
Range of Exercise Prices |  |  | Options Outstanding at June 27,2021 |  |  | Weighted-Average Remaining Contractual Life (Years) |  |  | Weighted- Average Exercise Price |  |  | Shares Exercisable at June 27, 2021 |  |  | Weighted- Average Exercise Price |
$ | 2.76 - 3.30 |  |  |  | 55,000 |  |  |  | 1.0 |  |  | $ | 3.11 |  |  |  | 55,000 |  |  | $ | 3.11 |
$ | 3.31 - 3.95 |  |  |  | 50,000 |  |  |  | 5.0 |  |  | $ | 3.95 |  |  |  | 50,000 |  |  | $ | 3.95 |
$ | 5.51 - 5.74 |  |  |  | 8,664 |  |  |  | 2.0 |  |  | $ | 5.74 |  |  |  | 8,664 |  |  | $ | 5.74 |
$ | 5.95 - 6.25 |  |  |  | 28,800 |  |  |  | 3.0 |  |  | $ | 6.23 |  |  |  | 28,800 |  |  | $ | 6.23 |
$ | 6.26 - 13.11 |  |  |  | 24,286 |  |  |  | 4.0 |  |  | $ | 13.11 |  |  |  | 24,286 |  |  | $ | 13.11 |
|  |  |  |  | 166,750 |  |  |  | 3.0 |  |  | $ | 5.49 |  |  |  | 166,750 |  |  | $ | 5.49 |
Summary of Restricted Stock Units | A summary of the status of restricted stock units as of June 27, 2021 and June 28, 2020, and changes during the fiscal years then ended is presented below:
|  | June 27, 2021 |  |  | June 28, 2020 |
Unvested at beginning of year |  |  | — |  |  |  | 155,106 |
Granted during the year |  |  | 545,600 |  |  |  | — |
Vested during the year |  |  | — |  |  |  | (9,053 | )
Forfeited during the year |  |  | — |  |  |  | (146,053 | )
Unvested at end of year |  |  | 545,600 |  |  |  | — |

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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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