Annual report pursuant to Section 13 and 15(d)

Stock-based Compensation (Tables)

v3.5.0.2
Stock-based Compensation (Tables)
12 Months Ended
Oct. 01, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of stock option activity
A summary of our stock option activity during the periods ended October 1, 2016, October 3, 2015, and September 27, 2014, is as follows:
 
Fiscal Year Ended
 
October 1, 2016
 
October 3, 2015
 
September 27, 2014
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
Stock options outstanding, beginning of period
86,000

$
8.30

 
502,000

$
12.27

 
584,500

$
12.13

Stock options exercised

$

 
(350,000
)
$
13.12

 
(82,500
)
$
11.28

Stock options forfeited

$

 
(66,000
)
$
12.94

 

$

Stock options outstanding, end of period
86,000

$
8.30

 
86,000

$
8.30

 
502,000

$
12.27

Stock options outstanding and exercisable, end of period
86,000

$
8.30

 
86,000

$
8.30

 
502,000

$
12.27

Shares authorized by exercise price range
The following table summarizes information about our stock options outstanding, all of which are vested and exercisable as of October 3, 2015:
Date of Option Grant
Number of Options Outstanding and Exercisable
Exercise Price
Grant-Date Fair Value
Expiration Date
February 8, 2008
86,000

$
8.30

$
2.95

February 8, 2018
 
86,000

 
 
 
The following table summarizes information about the unvested restricted stock units and performance units as of October 1, 2016.
Restricted Stock Units/Performance Units
Number of Units
Average Market Price on Date of Grant
Vesting Date
Fiscal year 2015 Restricted Stock Units
95,000

 
$10.52
December 2018
Fiscal year 2015 Restricted Stock Units
230,000

 
$10.73
December 2018
Fiscal year 2015 Performance Units
52,000

 
$10.52
December 2016
Fiscal year 2015 Performance Units
52,000

 
$10.52
December 2017
Fiscal year 2016 Restricted Stock Units
8,438

 
$14.04
December 2016
Fiscal year 2016 Restricted Stock Units
74,100

 
$14.03
December 2017
Fiscal year 2016 Performance Units
74,100

 
$14.03
December 2017
 
585,638

 
 
 
Schedule of nonvested restricted stock units activity
The following table summarizes the restricted stock unit and performance unit award activity during the periods ending October 1, 2016, October 3, 2015, and September 27, 2014:
 
Fiscal Year Ended
 
October 1, 2016
 
October 3, 2015
 
September 27, 2014
 
Number of Units
Weighted average grant date fair value
 
Number of Units
Weighted average grant date fair value
 
Number of Units
Weighted average grant date fair value
Units outstanding, beginning of fiscal period
518,800

$
10.80

 
215,352

$
14.31

 
348,852

$
14.25

Units granted
159,138

$
14.03

 
524,000

$
10.81

 

$

Units issued
(49,529
)
$
12.32

 
(69,657
)
$
14.31

 

$

Units forfeited
(42,771
)
$
10.87

 
(150,895
)
$
14.26

 
(133,500
)
$
14.16

Units outstanding, end of fiscal period
585,638

$
11.54

 
518,800

$
10.80

 
215,352

$
14.31

2010 Stock Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of stock option activity
A summary of the stock option activity during the periods ended October 1, 2016, October 3, 2015, and September 27, 2014 is as follows:
 
Fiscal Year Ended
 
October 1, 2016
 
October 3, 2015
 
September 27, 2014
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
Stock options outstanding, beginning of period
10,000

$
13.07

 
50,000

$
13.47

 
50,000

$
13.47

Stock options granted


 


 


Stock options exercised


 


 


Stock options forfeited


 
(40,000
)
13.56

 


Stock options outstanding, end of period
10,000

$
13.07

 
10,000

$
13.07

 
50,000

$
13.47

Stock options outstanding and exercisable, end of period
10,000

$
13.07

 
10,000

$
13.07

 
50,000

$
13.47

Shares authorized by exercise price range
The following table summarizes information about our stock options outstanding, all of which are vested and exercisable as of October 1, 2016:
Date of Option Grant
Number of Options Outstanding and Exercisable
Exercise Price
Grant-Date Fair Value
Expiration Date
February 2, 2011
10,000

$
13.07

$
6.35

February 18, 2018
 
10,000