Stock-Based Compensation (Tables)

6 Months Ended

Dec. 27, 2015

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Stock Option Activity Under Our Stock Incentive Plan

A summary of stock option activity under our stock incentive plan for the six months ended December 27, 2015 was as follows:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value (in thousands)
Outstanding, June 28, 2015.....................		163,907		$	27.97
Exercised.................................		(16,909	)	$	21.55
Forfeited..................................		(2,000	)	$	17.59
Outstanding, December 27, 2015..................		144,998		$	28.86		5.9	$	4,253
Exercisable, December 27, 2015..................		103,798		$	21.39	5.1		$	3,672

Intrinsic Value of Stock Options Exercised and the Fair Value of Stock Options Vested

The intrinsic value of stock options exercised and the fair value of stock options vesting during the three and six month periods presented below was as follows (in thousands):

	Three Months Ended				Six Months Ended
	December 27, 2015		December 28, 2014		December 27, 2015		December 28, 2014
Intrinsic Value of Options Exercised...............	$	115	$	290	$	529	$	990
Fair Value of Stock Options Vesting...............	$	—	$	—	$	331	$	382

Grant Date Fair Value and Assumptions Used to Determine Compensation Expense

The grant date fair value and assumptions used to determine compensation expense for the options granted during the six month period ended December 28, 2014 were as follows:

Weighted Average Grant Date Fair Value:
Options Issued at Grant Date Market Value...........	n/a
Options Issued Above Grant Date Market Value........	$	34.93
Assumptions:
Risk Free Interest Rate.........................		1.90	%
Expected Volatility...........................		57.83	%
Expected Dividend Yield.......................		0.62	%
Expected Term (in years).......................		6.0

Summary of Restricted Stock Activity Under Our Stock Incentive Plan

A summary of restricted stock activity under our omnibus stock incentive plan for the six months ended December 27, 2015 was as follows:

	Shares			Weighted Average Grant Date Fair Value
Nonvested Balance, June 28, 2015...................		66,350		$	45.03
Granted....................................		28,750		$	69.02
Vested.....................................		(20,300	)	$	23.69
Forfeited....................................		(2,100	)	$	60.27
Nonvested Balance, December 27, 2015...............		72,700		$	60.03