v3.26.1
Stock-based Compensation (Tables)
12 Months Ended
Jun. 27, 2026
2007 Management Option Plan [Member]  
Summary of Stock Option Activity

The following table summarizes the stock option activity for fiscal 2026 under the 2007 Management Option Plan.

 

 

Number of
Options

 

 

Weighted
Average
Exercise Price

 

 

Weighted
Average
Remaining
Contractual
Term

 

 

Aggregate
Intrinsic Value
(In millions)

 

Outstanding as of June 28, 2025

 

 

141,344

 

 

$

19.38

 

 

 

 

 

 

 

Exercised

 

 

(141,344

)

 

$

19.38

 

 

 

 

 

 

 

Outstanding, vested, and exercisable as of June 27, 2026

 

 

 

 

 

 

 

 

 

 

$

 

2015 Omnibus Incentive Plan [Member]  
Summary of Stock Option Activity

The following table summarizes the stock option activity for fiscal 2026 under the 2015 Omnibus Incentive Plan.

 

 

Number of
Options

 

 

Weighted
Average
Exercise Price

 

 

Weighted
Average
Remaining
Contractual
Term

 

 

Aggregate
Intrinsic
Value
(In millions)

 

Outstanding as of June 28, 2025

 

 

471,034

 

 

$

28.72

 

 

 

 

 

 

 

Exercised

 

 

(133,984

)

 

$

27.26

 

 

 

 

 

 

 

Outstanding, vested, and exercisable as of June 27, 2026

 

 

337,050

 

 

$

29.30

 

 

 

1.2

 

 

$

27.3

 

Summary of Changes in Nonvested Restricted Shares and RSU

The following table summarizes the changes in nonvested restricted shares and restricted stock units for fiscal 2026 under the 2015 Omnibus Incentive Plan.

 

 

Shares

 

 

Weighted Average
Grant Date Fair Value

 

Nonvested as of June 28, 2025

 

 

1,268,361

 

 

$

69.38

 

Performance shares adjustment

 

 

100,368

 

 

$

67.84

 

Vested

 

 

(706,108

)

 

$

64.43

 

Forfeited

 

 

(30,549

)

 

$

70.40

 

Nonvested as of June 27, 2026

 

 

632,072

 

 

$

74.62

 

 

2015 Omnibus Incentive Plan [Member] | Performance-based Restricted Shares [Member]  
Summary of Weighted Average Assumptions

The Company, with the assistance of a third-party valuation expert, estimated the fair value of performance-based restricted shares with a Relative TSR market condition granted in fiscal 2025 and fiscal 2024 using a Monte Carlo simulation with the following weighted-average assumptions:

 

 

For the Fiscal Year Ended June 28, 2025

 

 

For the Fiscal Year
Ended June 29, 2024

 

Risk-Free Interest Rate

 

 

3.76

%

 

 

4.66

%

Dividend Yield

 

 

0.00

%

 

 

0.00

%

Expected Volatility

 

 

34.24

%

 

 

41.47

%

Expected Term (in years)

 

 

2.87

 

 

 

2.85

 

Fair Value of Awards Granted

 

$

94.74

 

 

$

75.25

 

2024 Omnibus Incentive Plan [Member]  
Summary of Changes in Nonvested Restricted Shares and RSU

The following table summarizes the changes in nonvested restricted shares for fiscal 2026 under the 2024 Omnibus Incentive Plan.

 

 

Shares

 

 

Weighted Average
Grant Date Fair Value

 

Nonvested as of June 28, 2025

 

 

15,293

 

 

$

85.64

 

Granted

 

 

461,554

 

 

$

104.49

 

Vested

 

 

(4,284

)

 

$

85.31

 

Forfeited

 

 

(11,990

)

 

$

98.99

 

Nonvested as of June 27, 2026

 

 

460,573

 

 

$

104.19

 

2024 Omnibus Incentive Plan [Member] | Performance-based Restricted Shares [Member]  
Summary of Weighted Average Assumptions

The Company, with the assistance of a third-party valuation expert, estimated the fair value of performance-based restricted shares with a Relative TSR market condition granted in fiscal 2026 using a Monte Carlo simulation with the following weighted-average assumptions:

 

 

For the Fiscal Year Ended June 27, 2026

 

Risk-Free Interest Rate

 

 

3.62

%

Dividend Yield

 

 

0.00

%

Expected Volatility

 

 

25.05

%

Expected Term (in years)

 

 

2.82

 

Fair Value of Awards Granted

 

$

130.44