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Stock-Based Compensation Plans (Tables)
12 Months Ended
Jun. 26, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of RSU Activity

The following is a summary of RSU activity for the year ended June 26, 2025:

 

Restricted Stock Units

 

Shares

 

 

Weighted-
Average
Grant-Date
Fair Value

 

Outstanding at June 27, 2024

 

 

147,443

 

 

$

73.09

 

Granted

 

 

63,414

 

 

$

75.03

 

Vested (a)

 

 

(43,094

)

 

$

76.65

 

Forfeited

 

 

(8,939

)

 

$

75.35

 

Outstanding at June 26, 2025

 

 

158,824

 

 

$

72.77

 

 

(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 26,
2025

 

 

Year Ended
June 27,
2024

 

 

Year Ended
June 29,
2023

 

Compensation cost charged to earnings

 

$

4,523

 

 

$

4,389

 

 

$

3,565

 

Income tax benefit recognized

 

 

1,131

 

 

 

1,097

 

 

 

891

 

Summary of PSU Activity

The following is a summary of PSU activity for the year ended June 26, 2025:

 

Performance Stock Units (a)

 

Shares

 

 

Weighted-
Average
Grant-Date
Fair Value

 

Outstanding at June 27, 2024

 

 

8,031

 

 

$

82.99

 

Granted

 

 

10,481

 

 

$

72.08

 

Vested

 

 

 

 

$

 

Forfeited

 

 

(1,213

)

 

$

77.07

 

Outstanding at June 26, 2025

 

 

17,299

 

 

$

76.79

 

 

(a)
The PSUs are presented based on reaching target performance. The PSUs vest approximately 33 months from the grant date, with the number of shares earned (ranging from 0% to 200% of the target award) depending on the extent to which we achieve certain performance metrics. Based on current expectations and performance against these metrics, we expect 17,380 PSUs to be earned and thus vest at the end of the applicable vesting periods. The final number of shares that will eventually be earned and vest (if any) has not yet been determined as of June 26, 2025.