XML 33 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-Based Compensation (Tables)
9 Months Ended
Jun. 26, 2018
Disclosure of Compensation Related Costs, Share-based Payments [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:

 

    Fiscal 2018
Incentive and
Non-Statutory Stock Options
 

Fiscal 2017

Incentive and
Non-Statutory Stock Options

Expected term (years)   7.5   6.5 to 7.5
Expected volatility   75.33% to 75.67%   75.41% to 80.70%
Risk-free interest rate   2.17% to 2.35%   1.49% to 2.40%
Expected dividends   0   0

 

Summary of Stock Option Activity under Share Based Compensation Plan

The following table summarizes stock option activity for the three quarters ended June 26, 2018 under all plans:

 

   Shares   Weighted
Average
Exercise Price
   Weighted Avg.
Remaining
Contractual Life (Yrs.)
Outstanding-at beginning of year   681,922   $4.25    
Options granted   18,274   $2.71    
Options exercised   0         
Forfeited   (43,807)  $4.49    
Expired   (2,933)  $17.25    
Outstanding June 26, 2018   653,456   $4.14   6.0
Exercisable June 26, 2018   508,483   $4.29   5.3

 

Schedule of Non-vested Restricted Stock Activity

A summary of the status of non-vested restricted stock as of June 26, 2018 is presented below.

 

   Shares   Grant Date Fair
Value Per Share
Non-vested shares at beginning of year   115,039   $3.15 to $8.60
Granted   37,037   $2.70
Forfeited   (16,699)  $3.15 to $4.18
Vested   (41,037)  $3.15 to $4.18
Non-vested shares at June 26, 2018   94,340   $2.70 to $8.60