Annual report pursuant to Section 13 and 15(d)

Stock-based Compensation (Tables)

v3.3.1.900
Stock-based Compensation (Tables)
12 Months Ended
Oct. 03, 2015
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 3, 2015, September 27, 2014, September 28, 2013, and June 29, 2013, is as follows:
 
Fiscal Year Ended October 3, 2015
 
Fiscal Year Ended September 27, 2014
 
13-Week Transition Period Ended September 28, 2013
 
Fiscal Year Ended June 29, 2013
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
Stock options outstanding, beginning of period
502,000

$
12.27

 
584,500

$
12.13

 
600,500

$
12.09

 
799,834

$
12.22

Stock options exercised
(350,000
)
$
13.12

 
(82,500
)
$
11.28

 
(16,000
)
$
10.83

 
(139,334
)
$
11.14

Stock options forfeited
(66,000
)
$
12.94

 

$

 

$

 
(60,000
)
$
15.91

Stock options outstanding, end of period
86,000

$
8.30

 
502,000

$
12.27

 
584,500

$
12.13

 
600,500

$
12.09

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

$
8.30

 
502,000

$
12.27

 
584,500

$
12.13

 
600,500

$
12.09

Shares authorized by exercise price range
The following table summarizes information about the unvested restricted stock units and performance units as of October 3, 2015.
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
260,000

 
$10.73
December 2018
Fiscal year 2015 Performance Units
23,920

 
$14.25
December 2015
Fiscal year 2015 Performance Units
35,880

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

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

 
$10.52
December 2017
 
518,800

 
 
 
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

 
 
 
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 3, 2015, September 27, 2014, September 28, 2013, and June 29, 2013:
 
Fiscal Year Ended October 3, 2015
 
Fiscal Year Ended September 27, 2014
 
13-Week Transition Period Ended September 28, 2013
 
Fiscal Year Ended June 29, 2013
 
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
 
Number of Units
Weighted average grant date fair value
Units outstanding, beginning of fiscal period
215,352

$
14.31

 
348,852

$
14.25

 
224,870

$
15.37

 
337,700

$
16.05

Units granted
524,000

$
10.81

 

$

 
244,852

$
14.25

 
10,000

$
13.66

Units issued
(69,657
)
$
14.31

 

$

 
(120,870
)
$
16.34

 

$

Units forfeited
(150,895
)
$
14.26

 
(133,500
)
$
14.16

 

$

 
(122,830
)
$
17.10

Units outstanding, end of fiscal period
518,800

$
10.80

 
215,352

$
14.31

 
348,852

$
14.25

 
224,870

$
15.37

2010 Stock Plan [Member]  
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 3, 2015, September 27, 2014, September 28, 2013, and June 29, 2013 is as follows:
 
Fiscal Year Ended October 3, 2015
 
Fiscal Year Ended September 27, 2014
 
13-Week Transition Period Ended September 28, 2013
 
Fiscal Year Ended June 29, 2013
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
 
Shares
Weighted Average Exercise Price
Stock options outstanding, beginning of period
50,000

$
13.47

 
50,000

$
13.47

 
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

 
50,000

$
13.47

 
50,000

$
13.47

 
50,000

$
13.47

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

$
13.07

 
50,000

$
13.47

 
50,000

$
13.47

 
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 3, 2015:
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