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Stock-Based Compensation
3 Months Ended
Sep. 25, 2011
Stock-Based Compensation 
Stock-Based Compensation

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Stock-Based Compensation

 

For the quarter ended September 25, 2011, we recognized stock-based compensation expense of $42,700.  As of September 25, 2011, unamortized stock-based compensation expense was $0.2 million.

 

The following table summarizes the Company’s outstanding stock options for the three months ended September 25, 2011 and September 26, 2010:

 

 

 

Three Months Ended

 

 

 

September 25, 2011

 

 

September 26, 2010

 

 

 

 

 

 

 

 

Outstanding at beginning of year

 

 

604,036

 

 

 

565,510

 

 

 

 

 

 

 

 

 

 

Granted

 

 

76,432

 

 

 

20,996

 

Exercised

 

 

-

 

 

 

-

 

Forfeited/Canceled/Expired

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Outstanding at end of period

 

 

680,468

 

 

 

586,506

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

501,702

 

 

 

414,010