XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.22.2.2

STOCK BASED COMPENSATION PLANS (Tables) | 12 Months Ended
--- | ---
Jun. 26, 2022
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 26, 2022 |  |  | Fiscal Year Ended June 27, 2021 |
|  | Shares |  |  | Weighted- Average Exercise Price |  |  | Shares |  |  | Weighted- Average Exercise Price |
Outstanding at beginning of year |  |  | 166,750 |  |  | $ | 5.49 |  |  |  | 206,750 |  |  | $ | 4.96 |
Granted |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Forfeited/Canceled/Expired |  |  | (55,000 | ) |  |  | 3.11 |  |  |  | (40,000 | ) |  |  | 2.71 |
Outstanding at end of period |  |  | 111,750 |  |  | $ | 6.67 |  |  |  | 166,750 |  |  | $ | 5.49 |
Exercisable at end of period |  |  | 111,750 |  |  | $ | 6.67 |  |  |  | 166,750 |  |  | $ | 5.49 |
Information on Options Outstanding and Options Exercisable | The following table provides information on options outstanding and options exercisable as of June 26, 2022:
|  |  | Options Outstanding |  |  | Options Exercisable |
Range of Exercise Prices |  |  | Options Outstanding at June 26, 2022 |  |  | Weighted-Average Remaining Contractual Life (Years) |  |  | Weighted- Average Exercise Price |  |  | Shares Exercisable at June 26, 2022 |  |  | Weighted- Average Exercise Price |
$ | 3.31 - 3.95 |  |  |  | 50,000 |  |  |  | 4.00 |  |  | $ | 3.95 |  |  |  | 50,000 |  |  | $ | 3.95 |
$ | 5.51 - 5.74 |  |  |  | 8,664 |  |  |  | 1.01 |  |  | $ | 5.74 |  |  |  | 8,664 |  |  | $ | 5.74 |
$ | 5.95 - 6.25 |  |  |  | 28,800 |  |  |  | 2.01 |  |  | $ | 6.23 |  |  |  | 28,800 |  |  | $ | 6.23 |
$ | 6.26 - 13.11 |  |  |  | 24,286 |  |  |  | 3.02 |  |  | $ | 13.11 |  |  |  | 24,286 |  |  | $ | 13.11 |
|  |  |  |  | 111,750 |  |  |  | 3.04 |  |  | $ | 6.67 |  |  |  | 111,750 |  |  | $ | 6.67 |
Summary of Restricted Stock Units | A summary of the status of restricted stock units as of June 26, 2022 and June 27, 2021, and changes during the fiscal years then ended is presented below:
|  | June 26, 2022 |  |  | June 27, 2021 |
Unvested at beginning of year |  |  | 545,600 |  |  |  | — |
Granted during the year |  |  | 362,500 |  |  |  | 545,600 |
Vested during the year |  |  | — |  |  |  | — |
Forfeited during the year |  |  | (22,413 | ) |  |  | — |
Unvested at end of year |  |  | 885,687 |  |  |  | 545,600 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration