XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.25.3

Stock-Based Compensation and Benefit Plans (Tables) | 3 Months Ended
--- | ---
Sep. 27, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of SARs Activity | Stock Appreciation Rights In addition to service conditions, SARs contain a performance condition. The additional performance condition is based upon the achievement of Return on Invested Capital (“ROIC”) goals relative to a peer group. All awards with performance conditions are evaluated quarterly to determine the likelihood that performance metrics will be achieved during the performance period. These awards are charged to compensation expense over the requisite service period based on the number of shares expected to vest. If the performance and service conditions are attained, then the SARs cliff vest after the completion of the three-year period from date of grant and expire five years from date of grant.
| SARs | Aggregate Intrinsic Value (in thousands) | Weighted Average Exercise Price | Weighted Average Remaining Contractual Life (in years)
Outstanding, June 30, 2024 | 387,500 |  | $ | — |  | $ | 5.78 |  | 1.8
SARs forfeited | (136,250) |  |  | $ | 7.17 |  |
SARs expired | (115,000) |  |  | $ | 4.93 |  |
Outstanding, September 28, 2024 | 136,250 |  | $ | — |  | $ | 5.10 |  | 2.8
Outstanding, June 28, 2025 | 136,250 |  | — |  | $ | 5.10 |  | 2.1
SARs forfeited | (136,250) |  |  | $ | 5.10 |  |
Outstanding, September 27, 2025 | — |  | $ | — |  | $ | — |  | — |
Exercisable, September 27, 2025 | — |  | $ | — |  | $ | — |  | —
Schedule of Restricted Stock Units | The following table is a summary of restricted stock unit activity:
| Number of Restricted Stock Units | Weighted Average Grant Date Fair Value | Aggregate Intrinsic Value (in thousands)
Outstanding, June 30, 2024 | — |  |  |
Granted | 324,819 |  | $ | 4.51 |  |
Released | — |  |  |
Forfeited | — |  |  |
Outstanding, September 28, 2024 | 324,819 |  |  |
Outstanding, June 29, 2025 | 281,577 |  | $ | 4.52 |  |
Granted | 550,461 |  | $ | 2.79 |  |
Released | (97,398) |  | $ | 4.52 |  | $ | 285 |
Forfeited | — |  | — |  |
Outstanding, September 27, 2025 | 734,640 |  | $ | 3.22 |  |
Vested but not released, September 27,2025 | — |  |  |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + 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 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year. + 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 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsAndStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration