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Stock Option Activity (Tables)
12 Months Ended
Jun. 29, 2014
Stock Option Activity  
Stock Option Activity

A summary of stock option transactions under all of the Company’s stock option plans and information about fixed-price stock options is as follows:

 

 

 

Year Ended

 

 

 

June 29, 2014

 

 

June 30, 2013

 

 

 

 

 

 

Weighted-

 

 

 

 

 

Weighted-

 

 

 

 

 

 

Average

 

 

 

 

 

Average

 

 

 

 

 

 

Exercise

 

 

 

 

 

Exercise

 

 

 

Shares

 

 

Price

 

 

Shares

 

 

Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at beginning

 

 

 

 

 

 

 

 

 

 

 

 

of year

 

 

851,306

 

 

$

2.54

 

 

 

486,506

 

 

$

2.80

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

147,892

 

 

$

4.92

 

 

 

464,800

 

 

$

2.70

 

Exercised

 

 

(39,144

)

 

$

2.12

 

 

 

-

 

 

 

 

 

Forfeited/Canceled/Expired

 

 

(38,856

)

 

$

3.15

 

 

 

(100,000

)

 

$

4.72

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at end of year

 

 

921,198

 

 

$

2.92

 

 

 

851,306

 

 

$

2.54

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of year

 

 

473,659

 

 

$

2.43

 

 

 

459,439

 

 

$

2.42

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average fair value of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

options granted during the year

 

 

 

 

 

$

3.64

 

 

 

 

 

 

$

1.29

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total intrinsic value of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

options exercised

 

 

 

 

 

$

82,845

 

 

 

 

 

 

$

-