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STOCK-BASED COMPENSATION (Tables)
 3 Months Ended
Dec. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
Assumptions used in the Black-Scholes model and the estimated value of options granted during the three months ended December 30, 2016 are included in the table below. There were no options granted during the three months ended January 1, 2016.
 
 
Three Months Ended
 
Valuation of Options
 
December 30,
2016
 
 
 
 
 
Assumptions for Black-Scholes:
 
 
 
Risk-free interest rate
 
1.48
%
 
Expected term in years
 
4.0

 
Volatility
 
40
%
 
Expected annual dividends
 
none

 
 
 
 
 
Value of options granted:
 
 
 
Number of options granted
 
50,000

 
Weighted average fair value per share
 
$
1.18

 
Fair value of options granted (000's)
 
$
59

 
Changes in Number of Options Outstanding with Other Related Data
A summary of stock option activity, together with other related data, follows:
 
 
Three Months Ended
 
 
December 30, 2016
 
January 1, 2016
Stock Options
 
Number
of Options
 
Wgtd. Avg.
Exercise
Price
 
Number
of Options
 
Wgtd. Avg.
Exercise
Price
 
 
 
 
 
 
 
 
 
Outstanding, beginning of period
 
759,795

 
$
4.43

 
717,645

 
$
4.40

Granted
 
50,000

 
3.60

 
—

 
—

Exercised
 
—

 
—

 
—

 
—

Forfeited
 
(17,500
)
 
5.30

 
(15,500
)
 
5.99

Expired
 
(12,250
)
 
5.06

 
—

 
—

Outstanding, end of period
 
780,045

 
$
4.35

 
702,145

 
$
4.37

 
 
 
 
 
 
 
 
 
For options expected to vest
 
 
 
 
 
 

 
 

Number expected to vest
 
755,142

 
$
4.35

 
539,756

 
$
4.45

Weighted average remaining term, in years
 
5.0

 
 
 
5.5

 


Intrinsic value (000s)
 
 
 
$
—

 
 

 
$
—

 
 
 
 
 
 
 
 
 
For exercisable options
 
 
 
 
 
 

 
 

Number exercisable
 
240,936

 
$
4.76

 
156,000

 
$
5.33

Weighted average remaining term, in years
 
3.9

 
 
 
3.6

 
 

Intrinsic value (000s)
 
 
 
$
—

 
 

 
$
—

 
 
 
 
 
 
 
 
 
For non-exercisable options
 
 
 
 
 
 

 
 

Expense not yet recognized (000s)
 
 
 
$
588

 


 
$
672

Weighted average years to be recognized
 
2.5

 
 
 
3.3

 
 

 
 
 
 
 
 
 
 
 
For options exercised
 
 
 
 
 
 
 
 
Intrinsic value (000s)
 
 
 
$
—

 
 

 
$
—
Schedule of Nonvested Stock Options Activity
Changes in the number of non-vested options outstanding, together with other related data, follows: 
 
 
Three Months Ended
 
 
December 30, 2016
 
January 1, 2016
Stock Options
 
Number
of Options
 
Wgtd. Avg.
Grant Date
Fair Value
 
Number
of Options
 
Wgtd. Avg.
Grant Date
Fair Value
 
 
 
 
 
 
 
 
 
Non-vested, beginning of period
 
489,109

 
$
1.43

 
546,145

 
$
1.41

Granted
 
50,000

 
1.18

 
—

 
—

Vested
 
—

 
—

 
—

 
—

Forfeited
 
—

 
—

 
—

 
—

Non-vested, end of period
 
539,109

 
$
1.41

 
546,145

 
$
1.41
Changes in Number of Restricted Non-vested Stock Outstanding with Other Related Data
A summary of restricted stock activity, together with related data, follows: 
 

Three Months Ended
 

December 30, 2016
 
January 1, 2016
Restricted (Non-vested) Stock

Number of
Non-vested
Shares

Wgtd. Avg.
Grant Date
Fair Value

Number of
Non-vested
Shares

Wgtd. Avg.
Grant Date
Fair Value
 
 
 
 
 
 
 
 
 
Outstanding, beginning of period

228,759

 
$
4.40


54,960


$
4.23

Granted

—

 
—


—


—

Vested

(1,917
)
 
3.60


—


—

Shares withheld for payment of
taxes upon vesting of restricted stock

(583
)
 
3.60


—


—

Forfeited

—

 
—


—


—

Outstanding, end of period

226,259

 
$
4.40


54,960


$
4.23

 

 
 
 

 

 
For non-vested shares

 

 
 

 


 

Expense not yet recognized (000s)

 
 
$
682


 


$
200

Weighted average remaining years for vesting

2.0

 
 
 
2.0

 
 
 

 
 
 

 

 
For shares vested

 

 
 

 


 

Aggregate fair value on vesting dates (000s)

 

 
$
9


 


$
—