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STOCK-BASED COMPENSATION (Tables)
 9 Months Ended
Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
Assumptions used in the Black-Scholes model and the estimated value of options granted during the nine months ended June 30, 2017 and July 1, 2016 are included in the table below.
 
 
Nine Months Ended
Valuation of Options
 
June 30,
2017
 
July 1,
2016
Assumptions for Black-Scholes:
 
 
 
 
Risk-free interest rate
 
1.50
%
 
1.10
%
Expected term in years
 
4.0

 
4.0

Volatility
 
39
%
 
39
%
Expected annual dividends
 
none

 
none

 
 
 
 
 
Value of options granted:
 
 
 
 
Number of options granted
 
57,500

 
10,000

Weighted average fair value per share
 
$
1.19

 
$
1.40

Fair value of options granted (000s)
 
$
68

 
$
14
Changes in Number of Options Outstanding with Other Related Data
A summary of stock option activity, together with other related data, follows:
 
 
Nine Months Ended
 
 
June 30, 2017
 
July 1, 2016
Stock Options
 
Number
of Options
 
Wgtd. Avg.
Exercise
Price
 
Number
of Options
 
Wgtd. Avg.
Exercise
Price
Outstanding, beginning of period
 
759,795

 
$
4.43

 
717,645

 
$
4.40

Granted
 
57,500

 
3.64

 
10,000

 
4.64

Exercised
 
—

 
—

 
—

 
—

Forfeited
 
(33,000
)
 
5.58

 
(17,250
)
 
5.82

Expired
 
(29,750
)
 
5.04

 
—

 
—

Outstanding, end of period
 
754,545

 
$
4.29

 
710,395

 
$
4.37

 
 
 
 
 
 
 
 
 
For options expected to vest
 
 
 
 
 
 

 
 

Number expected to vest
 
735,846

 
$
4.30

 
686,417

 
$
4.38

Weighted average remaining contractual term, in years
 
4.7

 
 
 
5.2

 


Intrinsic value (000s)
 
 
 
$
—

 
 

 
$
74

 
 
 
 
 
 
 
 
 
For exercisable options
 
 
 
 
 
 

 
 

Number exercisable
 
326,972

 
$
4.44

 
265,286

 
$
4.82

Weighted average remaining contractual term, in years
 
4.1

 
 
 
4.2

 
 

Intrinsic value (000s)
 
 
 
$
—

 
 

 
$
19

 
 
 
 
 
 
 
 
 
For non-exercisable options
 
 
 
 
 
 

 
 

Expense not yet recognized (000s)
 
 
 
$
477

 


 
$
553

Weighted average years to be recognized
 
2.1

 
 
 
2.8

 
 
Schedule of Nonvested Stock Options Activity
Changes in the number of non-vested options outstanding, together with other related data, follows: 
 
 
Nine Months Ended
 
 
June 30, 2017
 
July 1, 2016
Stock Options
 
Number
of Options
 
Wgtd. Avg.
Grant Date
Fair Value
 
Number
of Options
 
Wgtd. Avg.
Grant Date
Fair Value
Non-vested, beginning of period
 
489,109

 
$
1.43

 
546,145

 
$
1.41

Granted
 
57,500

 
1.19

 
10,000

 
1.40

Vested
 
(119,036
)
 
1.42

 
(111,036
)
 
1.43

Forfeited
 
—

 
—

 
—

 
—

Non-vested, end of period
 
427,573

 
$
1.41

 
445,109

 
$
1.41
Changes in Number of Restricted Non-vested Stock Outstanding with Other Related Data
A summary of restricted stock activity, together with related data, follows: 
 

Nine Months Ended
 

June 30, 2017
 
July 1, 2016
Restricted (Non-vested) Stock

Number of
Non-vested
Shares

Wgtd. Avg.
Grant Date
Fair Value

Number of
Non-vested
Shares

Wgtd. Avg.
Grant Date
Fair Value
Outstanding, beginning of period

228,759

 
$
4.40


54,960


$
4.23

Granted

194,766

 
3.62


187,449


4.43

Vested

(29,948
)
 
4.25


(12,300
)

4.23

Shares withheld for payment of
taxes upon vesting of restricted stock

(1,036
)
 
3.86


(150
)

4.20

Forfeited

—

 
—


—


—

Outstanding, end of period

392,541

 
$
4.02


229,959


$
4.39

 

 
 
 

 

 
For non-vested shares

 

 
 

 


 

Expense not yet recognized (000s)

 
 
$
1,021


 


$
988

Weighted average remaining years for vesting

2.1

 
 
 
2.4

 
 
 

 
 
 

 

 
For shares vested

 

 
 

 


 

Aggregate fair value on vesting dates (000s)

 

 
$
113


 


$
47