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Stock-Based Compensation (Tables)
12 Months Ended
Jun. 29, 2025
Summary of Number of Securities Remaining Available for Future Issuance

The following table provides information as of June 29, 2025 with respect to the number of securities remaining available for future issuance under the 2020 Plan, as amended:

Authorized under the 2020 Plan

 

 

850

 

Plus: Share reserve increase from the First Amendment

 

 

1,100

 

Plus: Awards expired, forfeited or otherwise terminated unexercised

 

 

375

 

Less: Awards granted to employees

 

 

(1,803

)

Less: Awards granted to non-employee directors

 

 

(276

)

Available for issuance under the 2020 Plan

 

 

246

 

 

Summary of Stock Option Activity

A summary of stock option activity for fiscal 2025 is as follows:

 

 

Stock Options

 

 

Weighted
Average
Exercise Price

 

 

Weighted
Average
Remaining
Contractual Life
(Years)

 

 

Aggregate
Intrinsic
Value

 

Outstanding at June 30, 2024

 

 

824

 

 

$

14.44

 

 

 

 

 

 

 

Granted

 

 

 

 

$

 

 

 

 

 

 

 

Exercised

 

 

 

 

$

 

 

 

 

 

 

 

Cancelled or forfeited

 

 

(333

)

 

$

11.74

 

 

 

 

 

 

 

Expired

 

 

(18

)

 

$

26.38

 

 

 

 

 

 

 

Outstanding at June 29, 2025

 

 

473

 

 

$

15.87

 

 

 

4.5

 

 

$

 

Vested and expected to vest as of June 29, 2025

 

 

473

 

 

$

15.87

 

 

 

4.5

 

 

$

 

Exercisable at June 29, 2025

 

 

473

 

 

$

15.87

 

 

 

4.5

 

 

$

 

Summary of RSU, VSU and PSU Activity A summary of RSU, VSU and PSU activity for fiscal 2025 is as follows:

 

 

Non-vested

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Vested

 

 

Total

 

 

Weighted
Average
Grant Date
Fair Value

 

Outstanding at June 30, 2024

 

 

729

 

 

$

7.80

 

 

 

315

 

 

 

1,044

 

 

$

10.63

 

Granted

 

 

768

 

 

$

6.87

 

 

 

 

 

 

768

 

 

$

6.87

 

Vested

 

 

(214

)

 

$

9.42

 

 

 

214

 

 

 

 

 

$

 

Converted

 

 

 

 

$

 

 

 

(126

)

 

 

(126

)

 

$

9.51

 

Cancelled or forfeited

 

 

(155

)

 

$

8.03

 

 

 

 

 

 

(155

)

 

$

8.03

 

Outstanding at June 29, 2025

 

 

1,128

 

 

$

6.83

 

 

 

403

 

 

 

1,531

 

 

$

9.10

 

 

Stock Based Compensation Total Cost Charged Against Income

The total cost related to all stock-based compensation was as follows:

 

 

Fiscal 2025

 

 

Fiscal 2024

 

 

Fiscal 2023

 

Stock options

 

$

90

 

 

$

157

 

 

$

575

 

PSUs, RSUs and VSUs

 

 

3,162

 

 

 

1,856

 

 

 

2,120

 

ESPP

 

 

8

 

 

 

11

 

 

 

11

 

Total compensation cost

 

$

3,260

 

 

$

2,024

 

 

$

2,706