Share-based compensation (Tables)
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9 Months Ended |
Mar. 27, 2026 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Effect of Recording Share-Based Compensation Expense |
The effect of recording share-based compensation expense for the three and nine months ended March 27, 2026 and March 28, 2025 was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | (in thousands) | March 27,
2026 | | March 28,
2025 | | March 27,
2026 | | March 28,
2025 | | Share-based compensation expense by type of award: | | | | | | | | | Restricted share units | $ | 5,184 | | | $ | 4,777 | | | $ | 16,887 | | | $ | 15,920 | | | Performance share units | 3,357 | | | 3,006 | | | 9,482 | | | 8,983 | | | Total share-based compensation expense | 8,541 | | | 7,783 | | | 26,369 | | | 24,903 | | | Tax effect on share-based compensation expense | — | | | — | | | — | | | — | | | Net effect on share-based compensation expense | $ | 8,541 | | | $ | 7,783 | | | $ | 26,369 | | | $ | 24,903 | |
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| Schedule of Share-Based Compensation Expense Recorded in Condensed Consolidated Statements of Operations and Comprehensive Income |
Share-based compensation expense was recorded in the unaudited condensed consolidated statements of operations and comprehensive income as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | (in thousands) | March 27,
2026 | | March 28,
2025 | | March 27,
2026 | | March 28,
2025 | | Cost of revenue | $ | 2,531 | | | $ | 2,221 | | | $ | 8,694 | | | $ | 7,883 | | | Selling, general and administrative expense | 6,010 | | | 5,562 | | | 17,675 | | | 17,020 | | | | | | | | | | | Total share-based compensation expense | $ | 8,541 | | | $ | 7,783 | | | $ | 26,369 | | | $ | 24,903 | |
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| Schedule of Share-Based Payment Arrangement, Activity |
The following table summarizes the number of equity awards outstanding and ordinary shares available for grant under each of the Equity Incentive Plans as of March 27, 2026: | | | | | | | | | | | | | | | | | | | (share units) | Restricted Share Units outstanding | | Performance Share Units outstanding | | Ordinary Shares available for future grant | | 2020 Plan | 217,526 | | | 95,196 | | | 1,458,348 | | | 2017 Inducement Plan | — | | | — | | | 111,347 | | | Total | 217,526 | | | 95,196 | | | 1,569,695 | |
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| Schedule of Restricted Share Unit Activity |
The following table summarizes restricted share unit activity under the Equity Incentive Plans: | | | | | | | | | | | | | | Number
of
Shares | | Weighted-
Average Grant
Date Fair Value
Per Share | Balance as of June 27, 2025 | 263,014 | | | $ | 187.00 | | | Granted | 76,492 | | | $ | 299.63 | | | Vested | (113,827) | | | $ | 167.65 | | | Forfeited | (8,153) | | | $ | 227.15 | | Balance as of March 27, 2026 | 217,526 | | | $ | 236.16 | |
| | | | | | | | | | | | | | Number
of
Shares | | Weighted-
Average Grant
Date Fair Value
Per Share | | Balance as of June 28, 2024 | 306,660 | | | $ | 129.01 | | | Granted | 111,922 | | | $ | 259.19 | | | Vested | (132,797) | | | $ | 118.43 | | | Forfeited | (15,297) | | | $ | 165.48 | | Balance as of March 28, 2025 | 270,488 | | | $ | 186.00 | |
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| Schedule of Performance Share Unit Activity |
The following table summarizes performance share unit activity under the Equity Incentive Plans: | | | | | | | | | | | | | | Number
of
Shares | | Weighted-
Average Grant
Date Fair Value
Per Share | Balance as of June 27, 2025 | 120,916 | | | $ | 198.90 | | | Granted | 48,806 | | | $ | 277.04 | | | Vested | (73,936) | | | $ | 158.91 | | | Forfeited | (590) | | | $ | 261.84 | | Balance as of March 27, 2026 | 95,196 | | | $ | 269.63 | |
| | | | | | | | | | | | | | Number
of
Shares | | Weighted-
Average Grant
Date Fair Value
Per Share | | Balance as of June 28, 2024 | 171,078 | | | $ | 135.31 | | | Granted | 46,980 | | | $ | 261.84 | | | Vested | (97,142) | | | 117.35 | | | Forfeited | — | | | $ | — | | Balance as of March 28, 2025 | 120,916 | | | $ | 198.90 | |
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| Schedule of Shared-Based Payment Fair Value Per Share Assumptions |
The grant date fair value of the Warrant was estimated as of the issuance date using the following assumptions: | | | | | | | | | | | Expected dividend yield | — | | | Risk-free interest rate | 3.8 | % | | Expected volatility | 45.2 | % | | Expected term (in years) | 7 years | | |
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