Stock-Based Compensation (Tables)

9 Months Ended

Jun. 25, 2019

Share-based Payment Arrangement [Abstract]

Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants

In addition to the exercise and grant date prices of the stock option awards, certain weighted average assumptions that were used to estimate the fair value of stock option grants are listed in the following table:

	Year-to-Date
	June 25, 2019 Incentive and Non-Qualified Stock Options		June 26, 2018 Incentive and Non-Qualified Stock Options
Expected term (years)		7.5		7.5
Expected volatility		70.65% to 70.80%		75.33 % to 75.67%
Risk-free interest rate		3.01% to 3.10%		2.17% to 2.35%
Expected dividends		-		-

Summary of Stock Option Activity under Share Based Compensation Plan

The following table summarizes stock option activity for the three quarters ended June 25, 2019 under all plans:

	Shares			Weighted Average Exercise Price		Weighted Avg. Remaining Contractual Life (Yrs.)
Outstanding-at beginning of year		634,647		$	3.36
Options granted		99,832		$	4.76
Options exercised		(667	)	$	4.41
Forfeited		(10,881	)	$	3.87
Expired		(17,203	)	$	4.41
Outstanding June 25, 2019		705,728		$	3.52		6.3
Exercisable June 25, 2019		436,967		$	3.23		4.9

Schedule of Non-vested Restricted Stock Activity

A summary of the status of non-vested restricted stock as of June 25, 2019 is presented below.

	Shares			Grant Date Fair Value Per Share
Non-vested shares at beginning of year		149,614		$2.70 to $4.18
Granted		79,988		$3.95
Vested		(44,158	)	$2.70 to $4.18
Non-vested shares at June 25, 2019		185,444		$2.70 to $4.18