Stock-Based Compensation

6 Months Ended

Dec. 27, 2015

Stock-Based Compensation

Stock-Based Compensation

(3)           Stock-Based Compensation

For the three months ended December 27, 2015, and December 28, 2014, the Company recognized stock-based compensation expense of $45,000 and $30,000, respectively.  For the six month period ended December 27, 2015, and December 28, 2014, the Company recognized stock-based compensation expense of $90,000 and $53,000, respectively.  As of December 27, 2015, unamortized stock-based compensation expense was $0.3 million.

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

	Six Months Ended
	December 27, 2015		December 28, 2014
Outstanding at beginning of year		871,798		921,198
Granted		42,786		108,800
Exercised		-		(77,000	)
Forfeited/Canceled/Expired		-		-
Outstanding at end of period		914,584		952,998
Exercisable at end of period		551,028		478,823