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Stock-Based Compensation Plans (Tables)

12 Months Ended

Jun. 29, 2023

Share-Based Payment Arrangement [Abstract]

Summary of RSU Activity

The following is a summary of RSU activity for the year ended June 29, 2023:

Restricted Stock Units		Shares				Weighted- Average Grant-Date Fair Value
Outstanding at June 30, 2022			142,239			$	70.42
Granted			64,351			$	74.11
Vested (a)			(33,607	)		$	88.62
Forfeited			(17,971	)		$	71.60
Outstanding at June 29, 2023			155,012			$	67.87

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

Summary of Compensation Cost and Income Tax Benefit

The following table summarizes compensation cost charged to earnings for all equity compensation plans and the total income tax benefit recognized for the last three fiscal years:

		Year Ended June 29, 2023				Year Ended June 30, 2022				Year Ended June 24, 2021
Compensation cost charged to earnings		$	3,565			$	3,565			$	2,908
Income tax benefit recognized			891				891				727

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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
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

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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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