Stock-Based Compensation Plans (Tables)

9 Months Ended

Mar. 27, 2025

Share-Based Payment Arrangement [Abstract]

The following is a summary of Restricted Stock Unit (“RSU”) activity for the first thirty-nine weeks of fiscal 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		(4,562	)	$	75.49
Outstanding at March 27, 2025		163,201		$	72.84

(a)

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

Summary of PSU Activity

The following is a summary of Performance Stock Unit (“PSU”) activity for the first thirty-nine weeks of fiscal 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		(503	)	$	77.18
Outstanding at March 27, 2025		18,009		$	76.80

(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 16,326 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 March 27, 2025.

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 27, 2025		March 28, 2024		March 27, 2025		March 28, 2024
Stock-based compensation expense	$	835	$	1,098	$	3,486	$	3,228