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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Dec. 28, 2012
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Assumptions used in the Black-Scholes model and the estimated value of options follows:

 

 

 

Three Months Ended

 

 

 

December 28,

 

 

December 30,

 

Valuation of Options

 

2012

 

 

2011

 

 

 

 

 

 

 

 

Assumptions for Black-Scholes:

 

 

 

 

 

 

 

 

Risk-free interest rate

 

 

0.53

%

 

 

1.16

%

Expected term in years

 

 

4.0

 

 

 

4.9

 

Volatility

 

 

49

%

 

 

51

%

Expected annual dividends

 

 

none

 

 

 

none

 

 

 

 

 

 

 

 

 

 

Value of options granted:

 

 

 

 

 

 

 

 

Number of options granted

 

 

50,000

 

 

 

10,000

 

Weighted average fair value per share

 

$

2.65

 

 

$

2.12

 

Fair value of options granted (000's)

 

$

133

 

 

$

21

Changes In Number Of Options Outstanding Together With Other Related Data [Table Text Block]

A summary of stock option activity, together with other related data, follows:

 

 

 

Three Months Ended

 

 

 

December 28, 2012

 

 

December 30, 2011

 

 

 

 

 

 

Wgtd. Avg.

 

 

 

 

 

Wgtd. Avg.

 

 

 

Number

 

 

Exercise

 

 

Number

 

 

Exercise

 

Stock Options

 

of Options

 

 

Price

 

 

of Options

 

 

Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, beginning of period

 

 

280,789

 

 

$

3.82

 

 

 

371,339

 

 

$

3.32

 

Granted

 

 

50,000

 

 

 

6.91

 

 

 

10,000

 

 

 

5.30

 

Exercised

 

 

(1,750

)

 

 

4.32

 

 

 

-

 

 

 

 

 

Forfeited

 

 

(14,500

)

 

 

6.59

 

 

 

(9,700

)

 

 

4.60

 

Expired

 

 

-

 

 

 

 

 

 

 

(5,000

)

 

 

0.55

 

Outstanding, end of period

 

 

314,539

 

 

$

4.18

 

 

 

366,639

 

 

$

3.36

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For options expected to vest

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number expected to vest

 

 

298,812

 

 

$

4.18

 

 

 

348,307

 

 

$

3.36

 

Weighted average remaining term, in years

 

 

4.2

 

 

 

 

 

 

 

4.2

 

 

 

 

 

Intrinsic value (000s)

 

 

 

 

 

$

721

 

 

 

 

 

 

$

486

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For exercisable options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number exercisable

 

 

131,789

 

 

$

2.04

 

 

 

125,239

 

 

$

1.59

 

Weighted average remaining term, in years

 

 

2.2

 

 

 

 

 

 

 

2.6

 

 

 

 

 

Intrinsic value (000s)

 

 

 

 

 

$

599

 

 

 

 

 

 

$

377

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For non-exercisable options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expense not yet recognized (000s)

 

 

 

 

 

$

512

 

 

 

 

 

 

$

297

 

Weighted average years to become exercisable

 

 

2.0

 

 

 

 

 

 

 

1.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For options exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intrinsic value (000s)

 

 

 

 

 

$

4

 

 

 

 

 

 

$

0

Schedule Of Nonvested Stock Options Activity [Table Text Block]

Changes in the number of non-vested options outstanding, together with other related data, follows:

 

 

 

Three Months Ended

 

 

 

December 28, 2012

 

 

December 30, 2011

 

 

 

 

 

 

Wgtd. Avg.

 

 

 

 

 

Wgtd. Avg.

 

 

 

Number

 

 

Exercise

 

 

Number

 

 

Exercise

 

Stock Options

 

of Options

 

 

Price

 

 

of Options

 

 

Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-vested, beginning of period

 

 

157,150

 

 

$

3.82

 

 

 

241,100

 

 

$

4.32

 

Granted

 

 

50,000

 

 

 

6.91

 

 

 

10,000

 

 

 

5.30

 

Vested

 

 

(9,900

)

 

 

4.81

 

 

 

(3,594

)

 

 

3.56

 

Forfeited

 

 

(14,500

)

 

 

6.59

 

 

 

(9,700

)

 

 

4.60

 

Non-vested, end of period

 

 

182,750

 

 

$

5.71

 

 

 

237,806

 

 

$

4.33

Changes In Number Of Restricted Non-vested Stock Outstanding Together With Other Related Data [Table Text Block]

A summary of restricted stock activity, together with related data, follows:

 

 

 

Three Months Ended

 

 

 

December 28, 2012

 

 

December 30, 2011

 

 

 

Number of

 

 

Wgtd. Avg.

 

 

Number of

 

 

Wgtd. Avg.

 

 

 

Non-vested

 

 

Grant Date

 

 

Non-vested

 

 

Grant Date

 

Restricted (Non-vested) Stock

 

Shares

 

 

Fair Value

 

 

Shares

 

 

Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, beginning of period

 

 

339,939

 

 

$

5.69

 

 

 

284,476

 

 

$

5.76

 

Granted

 

 

69,493

 

 

 

6.91

 

 

 

0

 

 

 

 

 

Vested

 

 

(29,113

)

 

 

4.17

 

 

 

(6,900

)

 

 

3.49

 

Shares withheld for payment of taxes upon vesting of restricted stock

 

 

(4,441

)

 

 

4.70

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(4,200

)

 

 

3.49

 

 

 

(8,400

)

 

 

4.32

 

Outstanding, end of period

 

 

371,678

 

 

$

6.07

 

 

 

269,176

 

 

$

5.86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For non-vested shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expense not yet recognized (000s)

 

 

 

 

 

$

1,293

 

 

 

 

 

 

$

1,005

 

Weighted average remaining years for vesting

 

 

 

 

 

 

2.0

 

 

 

 

 

 

 

2.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For shares vested

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregate fair value on vesting dates (000s)

 

 

 

 

 

$

229

 

 

 

 

 

 

$

35