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Stock-Based Compensation Plans (Tables)

9 Months Ended

Mar. 25, 2021

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of RSU Activity

The following is a summary of restricted stock unit (“RSU”) activity for the first thirty-nine weeks of fiscal 2021:

Restricted Stock Units		Shares				Weighted Average Grant Date Fair Value
Outstanding at June 25, 2020			166,879			$	51.62
Activity:
Granted			54,966				68.97
Vested (a)			(55,826	)			48.46
Forfeited			(2,356	)			70.58
Outstanding at March 25, 2021			163,663			$	58.25

(a) The number of RSUs vested includes shares that were withheld on behalf of employees to satisfy the statutory income tax withholding requirements.

Summary of Compensation Cost and Income Tax Benefit

The following table summarizes compensation expense charged to earnings for all equity compensation plans for the periods presented:

		For the Quarter Ended								For the Thirty-Nine Weeks Ended
		March 25, 2021				March 26, 2020				March 25, 2021				March 26, 2020
Stock-based compensation expense		$	710			$	702			$	2,330			$	2,190

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- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

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- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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