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Stock-Based Compensation (Tables)
9 Months Ended
Apr. 02, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Stock Option Plans
The following table summarizes activity of the Company’s stock option plans since July 3, 2020:
 Options Outstanding
Number of
Shares
Weighted Average
Exercise Price
Weighted Average
Remaining
Contractual Term
(Years)
Outstanding at July 3, 2020$5.52 1.12
Granted— — 
Exercised(3)5.52 
Canceled— — 
Outstanding at April 2, 2021— $— — 
Summary of Nonvested Restricted Stock
The following table summarizes the status of the Company’s non-vested restricted stock awards and deferred stock awards since July 3, 2020:
 Non-vested Restricted Stock Awards
 Number of
Shares
Weighted Average
Grant Date
Fair Value
Outstanding at July 3, 2020957 $61.59 
Granted519 77.00 
Vested(414)52.54 
Forfeited(47)66.62 
Outstanding at April 2, 20211,015 $70.92 
Stock Based Compensation Expenses
The following table presents share-based compensation expenses included in the Company’s Consolidated Statements of Operations and Comprehensive Income:
 Third Quarters EndedNine Months Ended
 April 2, 2021March 27, 2020April 2, 2021March 27, 2020
Cost of revenues$559 $341 $1,223 $682 
Selling, general and administrative6,088 5,476 17,383 15,503 
Research and development764 997 3,259 2,819 
Stock-based compensation expense before tax7,411 6,814 21,865 19,004 
Income taxes(1,927)(1,772)(5,685)(4,941)
Stock-based compensation expense, net of income taxes$5,484 $5,042 $16,180 $14,063