XML 66 R49.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Jun. 24, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Number of Securities Remaining Available for Future Issuance

The following table provides information as of June 24, 2018 with respect to the number of securities remaining available for future issuance under the 2013 Plan:

 

Authorized under the 2013 Plan

 

 

1,000

 

Plus: Awards expired, forfeited or otherwise terminated unexercised from the 2008 LTIP or

   the 2013 Plan

 

 

369

 

Less: Awards granted to employees

 

 

(720

)

Less: Awards granted to non-employee directors

 

 

(135

)

Available for issuance under the 2013 Plan

 

 

514

 

 

Stock Option Valuation Assumptions

For stock options granted, the valuation models used the following assumptions:

 

 

 

For the Fiscal Year Ended

 

 

 

June 24, 2018

 

 

June 25, 2017

 

 

June 26, 2016

 

Expected term (years)

 

 

5.2

 

 

 

5.0

 

 

 

7.6

 

Risk-free interest rate

 

 

2.0

%

 

 

1.4

%

 

 

2.1

%

Volatility

 

 

34.3

%

 

 

37.9

%

 

 

60.5

%

Dividend yield

 

 

 

 

 

 

 

 

 

 

Summary of Stock Option Activity

A summary of stock option activity for fiscal 2018 is as follows:

 

 

 

Stock Options

 

 

Weighted

Average

Exercise Price

 

 

Weighted

Average

Remaining

Contractual Life

(Years)

 

 

Aggregate

Intrinsic

Value

 

Outstanding at June 25, 2017

 

 

478

 

 

$

19.93

 

 

 

 

 

 

 

 

 

Granted

 

 

73

 

 

$

32.61

 

 

 

 

 

 

 

 

 

Exercised

 

 

(123

)

 

$

12.49

 

 

 

 

 

 

 

 

 

Cancelled or forfeited

 

 

(23

)

 

$

32.82

 

 

 

 

 

 

 

 

 

Expired

 

 

 

 

$

 

 

 

 

 

 

 

 

 

Outstanding at June 24, 2018

 

 

405

 

 

$

23.73

 

 

 

6.4

 

 

$

3,244

 

Vested and expected to vest as of June 24, 2018

 

 

405

 

 

$

23.73

 

 

 

6.4

 

 

$

3,244

 

Exercisable at June 24, 2018

 

 

246

 

 

$

19.49

 

 

 

4.9

 

 

$

2,976

 

 

Summary of RSU Activity

A summary of the RSU activity for fiscal 2018 is as follows:

 

 

 

Non-vested

 

 

Weighted

Average

Grant Date

Fair Value

 

 

Vested

 

 

Total

 

 

Weighted

Average

Grant Date

Fair Value

 

Outstanding at June 25, 2017

 

 

150

 

 

$

27.66

 

 

 

131

 

 

 

281

 

 

$

25.02

 

Granted

 

 

116

 

 

$

33.12

 

 

 

 

 

 

116

 

 

$

33.12

 

Vested

 

 

(64

)

 

$

31.39

 

 

 

64

 

 

 

 

 

$

 

Converted

 

 

 

 

$

 

 

 

(47

)

 

 

(47

)

 

$

26.35

 

Cancelled or forfeited

 

 

(4

)

 

$

36.31

 

 

 

 

 

 

(4

)

 

$

36.31

 

Outstanding at June 24, 2018

 

 

198

 

 

$

29.50

 

 

 

148

 

 

 

346

 

 

$

27.45

 

 

Stock Based Compensation Total Cost Charged Against Income

The total cost charged against income related to all stock-based compensation arrangements was as follows:

 

 

 

For the Fiscal Year Ended

 

 

 

June 24, 2018

 

 

June 25, 2017

 

 

June 26, 2016

 

Stock options

 

$

884

 

 

$

749

 

 

$

1,379

 

RSUs

 

 

4,042

 

 

 

1,432

 

 

 

961

 

Total compensation cost

 

$

4,926

 

 

$

2,181

 

 

$

2,340