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Stock Based Compensation
9 Months Ended
Mar. 30, 2014
Stock-Based Compensation  
Stock-Based Compensation

Stock-Based Compensation

 

For the three months and nine months ended March 30, 2014, the Company recognized stock-based compensation expense of $15,000 and $45,000, respectively.  As of March 30, 2014, unamortized stock-based compensation expense was $0.2 million.

 

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

 

 

 

 

Nine Months Ended

 

 

 

 

March 30, 2014

 

 

March 24, 2013

 

 

 

 

 

 

 

 

 

 

Outstanding at beginning of year

 

 

851,306

 

 

 

486,506

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

85,392

 

 

 

464,800

 

 

Exercised

 

 

(39,144

)

 

 

-

 

 

Forfeited/Canceled/Expired

 

 

(38,856

)

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at end of period

 

 

858,698

 

 

 

951,306

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of period

 

 

473,659

 

 

 

391,939