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Stock-Based Compensation (Tables)
6 Months Ended
Jan. 01, 2017
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 January 1, 2017 was as follows:

 

 

 

Shares

 

 

Weighted

Average

Exercise Price

 

 

Weighted

Average

Remaining

Contractual

Term (years)

 

 

Aggregate

Intrinsic

Value

(in thousands)

 

Outstanding, July 3, 2016

 

 

144,998

 

 

$

28.86

 

 

 

 

 

 

 

 

 

Exercised

 

 

(4,490

)

 

$

18.88

 

 

 

 

 

 

 

 

 

Outstanding, January 1, 2017

 

 

140,508

 

 

$

29.18

 

 

 

4.9

 

 

$

1,918

 

Exercisable, January 1, 2017

 

 

131,498

 

 

$

25.71

 

 

 

4.7

 

 

$

1,918

 

 

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 that vested during the three and six month periods presented below are as follows (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

January 1,

2017

 

 

December 27,

2015

 

 

January 1,

2017

 

 

December 27,

2015

 

Intrinsic Value of Options Exercised

 

$

26

 

 

$

115

 

 

$

97

 

 

$

529

 

Fair Value of Stock Options Vesting

 

$

 

 

 

 

 

$

566

 

 

$

331

 

 

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 January 1, 2017 was as follows:

 

 

Shares

 

 

Weighted

Average

Grant Date

Fair Value

 

Nonvested Balance, July 3, 2016

 

 

71,750

 

 

$

60.05

 

Granted

 

 

27,150

 

 

$

43.87

 

Vested

 

 

(19,500

)

 

$

35.96

 

Forfeited

 

 

(1,800

)

 

$

58.24

 

Nonvested Balance, January 1, 2017

 

 

77,600

 

 

$

60.48