Stock-Based Compensation (Tables)

3 Months Ended

Dec. 28, 2021

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:

	Quarter Ended December 28, 2021 Incentive and Non-Qualified Stock Options		Quarter Ended December 29, 2020 Incentive and Non-Qualified Stock Options
Expected term (years)		4.5	4.5
Expected volatility		61.3%	67.6%
Risk-free interest rate		0.9%	0.3%
Expected dividends		-	-

Summary of Stock Option Activity Under Share Based Compensation Plan

The following table summarizes stock option activity for the quarter ended December 28, 2021 under all plans:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Yrs)
Outstanding at beginning of year		443,815		$	3.63
Options granted		80,000		$	5.20
Options exercised		(5,000	)	$	1.31
Outstanding December 28, 2021		518,815		$	3.89	5.7
Exercisable December 28, 2021		376,732		$	3.56	5.4

Schedule of Non-vested Restricted Stock Activity

	Shares			Grant Date Fair Value Per Share
Non-vested shares at beginning of year		61,952		$1.54 to $3.95
Vested		(15,616	)	$3.95
Non-vested shares at December 28, 2021		46,336		$1.54