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EQUITY-BASED COMPENSATION PLANS (Tables) | 9 Months Ended
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Mar. 25, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Recognized Equity Based Compensation Expense and Related Income Tax Benefit | The Company recognized the following equity-based compensation expense (including expense related to the employee stock purchase plan) and related income tax benefit in the Condensed Consolidated Statements of Operations:
| Three Months Ended |  | Nine Months Ended
| March 25, 2018 |  | March 26, 2017 |  | March 25, 2018 |  | March 26, 2017
| (in thousands)
Equity-based compensation expense | $ | 41,095 |  |  | $ | 35,323 |  |  | $ | 125,002 |  |  | $ | 106,173 |
Income tax benefit recognized related to equity-based compensation expense | $ | 46,366 |  |  | $ | 9,954 |  |  | $ | 77,842 |  |  | $ | 29,674 |
Summary of Stock Plan Activity | The following table summarizes stock option activity:
| Options Outstanding
| Number of Shares |  | Weighted- Average Exercise Price
June 25, 2017 | 594,059 |  |  | $ | 66.69 |
Granted | 63,980 |  |  | $ | 190.07 |
Exercised | (125,918 | ) |  | $ | 52.69 |
Expired or forfeited | — |  |  | $ | — |
March 25, 2018 | 532,121 |  |  | $ | 84.83 |
The following table summarizes restricted stock activity:
| Service-based RSUs Outstanding |  | Market-based RSUs Outstanding
| Number of Shares |  | Weighted- Average Grant Date Fair Value |  | Number of Shares |  | Weighted- Average Grant Date Fair Value
June 25, 2017 | 2,687,606 |  |  | $ | 92.01 |  |  | 862,455 |  |  | $ | 83.83 |
Granted | 930,160 |  |  | $ | 183.93 |  |  | 285,866 |  |  | $ | 170.15 |
Vested | (1,302,294 | ) |  | $ | 86.87 |  |  | (407,024 | ) |  | $ | 76.88 |
Expired or Forfeited | (51,227 | ) |  | $ | 100.62 |  |  | (6,802 | ) |  | $ | 82.48 |
March 25, 2018 | 2,264,245 |  |  | $ | 132.53 |  |  | 734,495 |  |  | $ | 103.94 |
Schedule of ESPP Weighted-Average Assumptions | Purchase rights under the 1999 ESPP were valued using the Black-Scholes option valuation model and the following weighted-average assumptions for the nine months ended March 25, 2018 and three and nine months ended March 26, 2017; there were no ESPP purchase rights issued in the three months ended March 25, 2018:
| Three Months Ended |  | Nine Months Ended
| March 26, 2017 |  | March 25, 2018 |  | March 26, 2017
Expected stock price volatility | 27.24 | % |  | 29.13 | % |  | 31.80 | %
Risk-free interest rate | 0.52 | % |  | 0.82 | % |  | 0.41 | %
Expected term (years) | 0.78 |  |  | 0.77 |  |  | 0.73 |
Dividend yield | 1.00 | % |  | 0.89 | % |  | 1.10 | %

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- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 + Details
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- Definition Tabular disclosure for share-based compensation plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
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