v3.26.1
Equity Plans
6 Months Ended
Feb. 27, 2026
Share-Based Payment Arrangement [Abstract]  
Equity Plans
Equity Plans
As of February 27, 2026, 7.1 million shares of our common stock were available for future awards under our equity plans.
Restricted Stock Awards and Restricted Stock Units Awards (“Restricted Awards”)
Restricted Award activity was as follows:
Three Months EndedSix Months Ended
February 27,
2026
February 28,
2025
February 27,
2026
February 28,
2025
Restricted awards granted839602,339683
Weighted-average grant date fair value per share$19.76 $20.59 $20.85 $20.79 
Aggregate vesting date fair value of shares vested$8,255 $10,649 $21,619 $19,677 
As of February 27, 2026, total unrecognized compensation costs for unvested Restricted Awards were $88.8 million, which were expected to be recognized over a weighted-average period of 2 years, 11 months.
Employee Stock Purchase Plan (“ESPP”)
Under our ESPP, employees purchased 247 thousand shares of common stock for $3.3 million in the first six months of 2026 and 253 thousand shares of common stock for $3.2 million in the first six months of 2025, respectively.
Stock-Based Compensation Expense
Stock-based compensation expense for our continuing operations was as follows:
Three Months EndedSix Months Ended
February 27,
2026
February 28,
2025
February 27,
2026
February 28,
2025
Stock-based compensation expense by caption:
Cost of sales$1,522 $1,776 $2,908 $3,419 
Research and development1,636 1,598 3,130 3,287 
Selling, general and administrative1,961 8,206 9,161 16,405 
 $5,119 $11,580 $15,199 $23,111 
Income tax benefits for stock-based awards were $1.4 million and $2.7 million in the second quarter and first six months of 2026, respectively, and $1.4 million and $2.9 million in the second quarter and first six months of 2025, respectively.