Stock-Based Compensation (Tables)

9 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [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 June 25, 2019 Incentive and Non-Qualified Stock Options
Expected term (years)	7.5
Expected volatility	70.65% to 70.80%
Risk-free interest rate	3.01% to 3.10%
Expected dividends	-

Summary of Stock Option Activity Under Share Based Compensation Plan

The following table summarizes stock option activity for the quarter ended June 30, 2020 under all plans:

	Shares			Weighted Average Exercise Price		Weighted Avg. Remaining Contractual Life (Yrs.)
Outstanding at beginning of year		703,164		$	3.53
Options exercised		(15,646	)	$	1.48
Forfeited		(45,963	)	$	3.78
Expired		(8,579	)	$	3.45
Outstanding June 30, 2020		632,976		$	3.56		5.4
Exercisable June 30, 2020		472,871		$	3.38		4.6

Schedule of Non-vested Restricted Stock Activity

A summary of the status of non-vested restricted stock as of June 30, 2020 is presented below.

	Shares			Grant Date Fair Value Per Share
Non-vested shares at beginning of year		165,275		$2.70 to $3.95
Granted		60,336		$1.54 to $1.67
Forfeited		(8,992	)	$3.55 to $3.95
Vested		(111,670	)	$1.67 to $4.18
Non-vested shares at June 30, 2020		104,949		$2.70 to $4.18