XML 35 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-Based Compensation (Tables)
3 Months Ended
Dec. 25, 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:

 

   Quarter Ended
   December 25, 2018
Incentive and Non-Qualified
Stock Options
 

December 26, 2017

Incentive and
Non-Qualified Stock Options

Expected term (years)  7.5  7.5
Expected volatility  70.65% to 70.80%  75.67%
Risk-free interest rate  3.01% to 3.10%  2.17%
Expected dividends  -  -
Summary of Stock Option Activity under Share Based Compensation Plan

The following table summarizes stock option activity for the quarter ended December 25, 2018 under all plans:

 

   Shares   Weighted
Average
Exercise Price
   Weighted Avg.
Remaining
Contractual Life (Yrs.)
 
Outstanding-at beginning of year   634,647   $3.36     
Options granted   99,832   $4.76     
Options exercised   (667)  $4.41     
Forfeited   (1,746)  $7.79     
Expired   (17,203)  $4.41     
Outstanding December 25, 2018   714,863   $3.52   6.9 
Exercisable December 25, 2018   436,748   $3.23   5.4
Schedule of Non-vested Restricted Stock Activity

A summary of the status of non-vested restricted stock as of December 25, 2018 is presented below.

 

   Shares   Grant Date Fair
Value Per Share
Non-vested shares at beginning of year   149,614   $2.70 to $4.18
Granted   79,988   $3.95
Forfeited   (3,207)  $3.15 to $4.18
Vested   (40,951)  $2.70 to $4.18
Non-vested shares at December 25, 2018   185,444   $2.70 to $4.18