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Stock Option and Purchase Plans (Tables)
12 Months Ended
Jul. 02, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity Under Our Stock Incentive Plan

A summary of stock option activity under our stock incentive plan was as follows:

 

 

 

 

 

Weighted Average

 

 

Weighted Average
Remaining
Contractual

 

 

Aggregate
Intrinsic
Value

 

 

 

Shares

 

 

Exercise Price

 

 

Term (in years)

 

 

(in thousands)

 

Balance at June 27, 2021

 

 

72,624

 

 

$

37.65

 

 

 

 

 

 

 

Exercised

 

 

(31,452

)

 

$

26.28

 

 

 

 

 

 

 

Balance at July 3, 2022

 

 

41,172

 

 

$

46.34

 

 

 

 

 

 

 

Exercised

 

 

(4,251

)

 

$

25.64

 

 

 

 

 

 

 

Forfeited

 

 

(4,360

)

 

$

47.55

 

 

 

 

 

 

 

Balance at July 2, 2023

 

 

32,561

 

 

$

48.88

 

 

 

0.4

 

 

$

 

Exercisable as of:

 

 

 

 

 

 

 

 

 

 

 

 

July 2, 2023

 

 

32,561

 

 

$

48.88

 

 

 

0.4

 

 

$

 

July 3, 2022

 

 

41,172

 

 

$

46.34

 

 

 

1.2

 

 

$

31

 

Summary of Restricted Stock Activity Under Our Stock Incentive Plan

A summary of restricted stock activity under our stock incentive plan was as follows:

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

Grant Date

 

 

 

Shares

 

 

Fair Value

 

Nonvested Balance at June 27, 2021

 

 

81,975

 

 

$

23.31

 

Granted

 

 

43,875

 

 

$

42.50

 

Vested

 

 

(38,000

)

 

$

25.56

 

Forfeited

 

 

(2,750

)

 

$

32.70

 

Nonvested Balance at July 3, 2022

 

 

85,100

 

 

$

31.89

 

Granted

 

 

49,050

 

 

$

29.91

 

Vested

 

 

(44,750

)

 

$

29.00

 

Forfeited

 

 

(1,500

)

 

$

32.03

 

Nonvested Balance at July 2, 2023

 

 

87,900

 

 

$

32.09