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Stock-Based Compensation Plans
 9 Months Ended
Mar. 30, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Plans

Note 9 – Stock-Based Compensation Plans

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

 

 

(3,024

)

 

$

72.19

 

Outstanding at March 30, 2023

 

 

169,959

 

 

$

68.19

 

 

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

At March 30, 2023, there were 38,490 RSUs outstanding that were vested but deferred.

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 30,
2023

 

 

March 24,
2022

 

 

March 30,
2023

 

 

March 24,
2022

 

Stock-based compensation expense

 

$

941

 

 

$

878

 

 

$

3,228

 

 

$

2,649

 

 

As of March 30, 2023, there was $5,539 of total unrecognized compensation expense related to non-vested RSUs granted under our stock-based compensation plans. We expect to recognize that cost over a weighted average period of 1.6 years.