Stock-Based Compensation

9 Months Ended

Mar. 27, 2016

Stock-Based Compensation

Stock-Based Compensation

3)           Stock-Based Compensation

For the three months ended March 27, 2016, and March 29, 2015, the Company recognized stock-based compensation expense of $45,000 and $30,000, respectively. For the nine month periods ended March 27, 2016, and March 29, 2015, the Company recognized stock-based compensation expense of $135,000 and $83,000, respectively. As of March 27, 2016, unamortized stock-based compensation expense was $0.3 million.

The following table summarizes the number of shares of the Company's common stock subject to outstanding stock options:

<BTB>	Nine Months Ended
<BTB>	March 27, 2016			March 29, 2015
Outstanding at beginning of year		871,798			921,198
Granted		42,786			108,800
Exercised		(3,000	)		(170,200	)
Forfeited/Canceled/Expired		(39,111	)		-
Outstanding at end of period		872,473			859,798
Exercisable at end of period		563,537			395,178