Annual report pursuant to Section 13 and 15(d)

Stock-based Compensation (Tables)

v2.4.0.6
Stock-based Compensation (Tables)
 12 Months Ended
Jun. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of nonvested restricted stock units activity
A summary of the status of our nonvested restricted stock units and performance units under the 2010 Stock Plan as of June 30, 2012, and changes during the year ended June 30, 2012, is presented below:
 
Units
Nonvested at July 2, 2011
—

Granted
390,900

Vested
—

Forfeited
(53,200
)
Nonvested at June 30, 2012
337,700

2010 Stock Plan [Member]
  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock Options, valuation assumptions and weighted average grant date fair value
The following table summarizes the weighted average grant date fair values and assumptions that were used to estimate the grant date fair values using the Black-Scholes option-pricing model of the options granted during the fiscal year ended 2011:
 
 
 
 
 
2011
Risk-free interest rate
 
 
 
 
2
%
Expected life
 
 
 
 
4.0 yrs

Expected volatility
 
 
 
 
63
%
Expected dividend yield
 
 
 
 
—
%
Weighted-average per share fair value of options granted
 
 
 
 
$
6.25

Summary of stock option activity
A summary of our stock option activity for the fiscal year ended June 30, 2012 under the 2010 Stock Plan is as follows:
 
Shares
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic Value
(thousands)
Outstanding at July 2, 2011
50,000

 
$
13.47

 
 
 
 
Granted
—

 
—

 
 
 
 
Exercised
—

 
—

 
 
 
 
Forfeited
—

 
—

 
 
 
 
Expired
—

 
—

 
 
 
 
Outstanding at June 30, 2012
50,000

 
13.47

 
5.6 yrs
 
—

Exercisable at June 30, 2012
50,000

 
13.47

 
5.6 yrs
 
—

Summary of the status of non-vested stock options
A summary of the status of our non-vested stock options under the 2010 Stock Plan as of June 30, 2012, and changes during the fiscal year ended June 30, 2012, is presented below:
 
Shares
 
Weighted-
Average
Grant-Date
Fair Value
Nonvested at July 2, 2011
25,000

 
$
6.25

Granted
—

 
—

Vested
(25,000
)
 
6.25

Forfeited
—

 
—

Expired
—

 
—

Nonvested at June 30, 2012
—

 
—

Option Plan [Member]
  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock Options, valuation assumptions and weighted average grant date fair value
The following table summarizes the weighted average grant date fair values and assumptions that were used to estimate the grant date fair values using the Black-Scholes option-pricing model of the options granted during the fiscal year ended 2010:
 
2012
 
2011
 
2010
Risk-free interest rate
N/A
 
N/A
 
3
%
Expected life
N/A
 
N/A
 
6.0 yrs

Expected volatility
N/A
 
N/A
 
51
%
Expected dividend yield
N/A
 
N/A
 
—
%
Weighted-average per share fair value of options granted
N/A
 
N/A
 
$
3.53

Summary of stock option activity
A summary of our stock option activity under the Option Plan for the fiscal year ended June 30, 2012 under the Option Plan is as follows:
 
Shares
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic Value
(thousands)
Outstanding at July 2, 2011
851,167

 
$
12.16

 
 
 
 
Granted
—

 
—

 
 
 
 
Exercised
(25,333
)
 
8.11

 
 
 
 
Forfeited
(26,000
)
 
14.49

 
 
 
 
Expired
—

 
—

 
 
 
 
Outstanding at June 30, 2012
799,834

 
12.22

 
4.4 yrs
 
—

Exercisable at June 30, 2012
799,834

 
12.22

 
4.4 yrs
 
—

Summary of the status of non-vested stock options
A summary of the status of our non-vested stock options as of June 30, 2012, and changes during the fiscal year ended June 30, 2012, is presented below:
 
Shares
 
Weighted-
Average
Grant-Date
Fair Value
Nonvested at July 2, 2011
74,005

 
2.95

Granted
—

 
—

Vested
(71,338
)
 
2.93

Forfeited
(2,667
)
 
2.95

Expired
—

 
—

Nonvested at June 30, 2012
—

 
—

Award Plan [Member]
  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of the status of non-vested stock options
A summary of the status of our nonvested awards as of June 30, 2012, and changes during the year ended June 30, 2012, is presented below:
 
Shares
 
Weighted
Average
Exercise
Price
Nonvested at July 2, 2011
151,680

 
0.01

Granted
—

 
—

Vested
(151,680
)
 
0.01

Forfeited
—

 
—

Performance adjustment
—

 
—

Nonvested at June 30, 2012
—

 
—