XML 75 R39.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Note 13 - Stock Based Compensation (Tables)

12 Months Ended

Jun. 30, 2024

Notes Tables

Share-Based Payment Arrangement, Cost by Plan [Table Text Block]

		Years Ended
		June 30, 2024				July 2, 2023				July 3, 2022
		(in thousands)
Stock options		$	4,422			$	2,536			$	(41	)
Restricted stock awards			6,266				5,798				7,988
Total			10,688				8,334				7,947
Deferred income tax benefit			2,571				2,042				1,943
Stock-based compensation expense, net		$	8,117			$	6,292			$	6,004

Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]

		Years Ended
		June 30, 2024				July 2, 2023				July 3, 2022
		(in thousands)
Marketing and sales		$	4,916			$	3,818			$	3,414
Technology and development			855				698				319
General and administrative			4,917				3,818				4,214
Total		$	10,688			$	8,334			$	7,947

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

		Years ended
		June 30, 2024				July 2, 2023				July 3, 2022 (1)
Weighted average fair value of options granted		$	6.09			$	5.13				n/a
Expected volatility			56	%			52	%			n/a
Expected life (in years)			7.0				7.5				n/a
Risk-free interest rate		3.9		%			4.3	%			n/a
Expected dividend yield		0.0		%			0.0	%			n/a

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

										Weighted
						Weighted				Average
						Average				Remaining				Aggregate
						Exercise				Contractual				Intrinsic
		Options				Price				Term				Value
										(in years)				(in thousands)
Outstanding beginning of period			2,285,608			$	8.59
Granted			1,000,000			$	10.13
Exercised			(38,240	)		$	8.59
Forfeited/Expired			(61,831	)		$	8.59
Outstanding end of period			3,185,537			$	9.07				8.34			$	2,033
Exercisable at June 30, 2024			707,806			$	8.59				7.80			$	658

Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]

				Options Outstanding											Options Exercisable
								Weighted‑
								Average			Weighted‑								Weighted‑
								Remaining			Average								Average
				Options				Contractual Life			Exercise				Options				Exercise
Exercise Price				Outstanding				(years)			Price				Exercisable				Price
$	8.59				2,185,537			7.8			$	8.59				707,806			$	8.59
$	10.13				1,000,000			9.5			$	10.13				-			$	-
					3,185,537			8.3			$	9.07				707,806			$	8.59

Schedule of Nonvested Share Activity [Table Text Block]

						Weighted
						Average
						Grant Date
		Shares				Fair Value
Non-vested – beginning of period			1,231,634			$	15.01
Granted			1,396,457			$	10.02
Vested			(480,708	)		$	15.22
Forfeited			(442,934	)		$	10.26
Non-vested - end of period			1,704,449			$	12.09

X

- 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

+ Details

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ 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

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested shares.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration