STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 24, 2020

Stock-based Compensation Expenses and Related Tax Benefit Recognized in the Consolidated Statements of Comprehensive Income

Presented below is total stock-based compensation expenses, and the related total income tax benefit recognized in the Consolidated Statements of Comprehensive Income:

	Fiscal Years Ended
	June 24, 2020		June 26, 2019		June 27, 2018
Stock-based compensation expenses	$	14.7	$	16.4	$	14.2
Tax benefit related to stock-based compensation expenses	2.5		3.0		4.3

Black-Scholes Weighted Average Fair Values and Assumptions

The fair value of stock options is estimated using the Black-Scholes option-pricing model with the following weighted average assumptions, and the weighted average fair value of option grants:

	Fiscal Years Ended
	June 24, 2020			June 26, 2019			June 27, 2018
Weighted average fair values of option grants	$	6.92		$	8.25		$	4.51
Expected volatility	33.4		%	27.2		%	25.2		%
Risk-free interest rate	1.3		%	2.9		%	1.9		%
Expected lives	5 years			5 years			6 years
Dividend yield	3.2		%	3.5		%	4.4		%

Intrinsic Value and Related Tax Benefit of Options Exercised

The intrinsic value and related tax benefit of options exercised is as follows:

	Fiscal Years Ended
	June 24, 2020		June 26, 2019		June 27, 2018
Intrinsic value of options exercised	$	0.6	$	1.8	$	2.5
Tax benefit realized on options exercised	0.1		0.4		0.6

Fair Value of Restricted Share Awards Vested

The fair value of shares that vested is as follows:

	Fiscal Years Ended
	June 24, 2020		June 26, 2019		June 27, 2018
Fair value of restricted share awards vested	$	6.6	$	8.6	$	4.3

Stock Options

Transactions During Fiscal 2020

Stock option transactions during fiscal 2020 were as follows (option prices in dollars):

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Stock options outstanding at June 26, 2019	2.5		$	41.33
Granted	0.3		35.33
Exercised	0.0		29.07
Forfeited or canceled	(0.1	)	44.75
Stock options outstanding at June 24, 2020	2.7		$	40.68	4.8	$	0.3
Stock options exercisable at June 24, 2020	1.0		$	45.32	3.4	$	0.0

Restricted Shares

Transactions During Fiscal 2020

Restricted share awards during fiscal 2020 were as follows (fair value per award in dollars):

	Number of Restricted Share Awards		Weighted Average Grant Date Fair Value Per Award
Restricted share awards outstanding at June 26, 2019	1.0		$	39.48
Granted	0.4		37.86
Vested	(0.2	)	50.61
Forfeited	(0.1	)	38.77
Restricted share awards outstanding at June 24, 2020	1.1		$	37.17