v3.26.1
Share-Based Compensation
 9 Months Ended
Mar. 29, 2026
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based Compensation
The Company has two stock plans: the Lucky Strike Entertainment Corporation 2021 Omnibus Incentive Plan (“2021 Plan”) and the Lucky Strike Entertainment Corporation Employee Stock Purchase Plan (“ESPP”). These stock incentive plans are designed to attract and retain key personnel by providing them the opportunity to acquire an equity interest in the Company and align the interest of key personnel with those of the Company’s stockholders.
As of March 29, 2026 and June 29, 2025, the total share-based compensation cost not yet recognized is as follows:

Award PlanMarch 29,
2026		June 29,
2025
Stock options2021 Plan$8,111 $11,976 
Service based RSUs2021 Plan5,643 5,286 
Market and service based RSUs2021 Plan10,207 5,988 
Earnout RSUs2021 Plan38 92 
ESPPESPP276 276 
Total unrecognized share-based compensation cost$24,275 $23,618 
Share-based compensation recognized in the condensed consolidated statements of operations for the periods ended March 29, 2026 and March 30, 2025 is as follows:
Three Months EndedNine Months Ended
Award PlanMarch 29,
2026		March 30,
2025		March 29,
2026		March 30,
2025
Stock options2021 Plan$1,247 $2,063 $4,459 $7,588 
Service based RSUs2021 Plan1,149 1,089 3,090 3,466 
Market and service based RSUs2021 Plan523 684 1,541 1,328 
Earnout RSUs2021 Plan(2)16 4 40 
Other share-based awards & settlements (1)
2021 Plan— 4,809 — 5,249 
ESPPESPP76 127 218 284 
Total share-based compensation expense$2,993 $8,788 $9,312 $17,955 
(1) Consists of the impact of the $21,053 cash settlement of 1,747,434 shares of Class A common stock and 773,753 stock options as part of an employment separation agreement with a long-time executive and Director of the Company during the period ended March 30, 2025, which resulted in an equity charge of $16,244 within Additional paid-in capital and share-based compensation expense within Selling, general, and administrative expenses of $4,809. The settled Class A common stock and stock options were then cancelled.
The Company did not have any recognized income tax benefits, net of valuation allowances, related to our share-based compensation plans.