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Stock-Based Compensation (Tables)
3 Months Ended
Sep. 27, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options
The following table summarizes activity of the Company's stock option plans since June 28, 2024:
Options Outstanding
Number of
Shares
Weighted Average
Grant Date
Fair Value
Weighted Average
Exercise Price
Weighted Average
Remaining
Contractual Term
(Years)
Aggregate
Intrinsic Value as of September 27, 2024
Outstanding at June 28, 2024934 $12.71 $45.00 — 
Granted— — 
Exercised— — 
Canceled— — 
Outstanding at September 27, 2024934 $12.71 $45.00 3.45— 
Exercisable at September 27, 2024— $— $— — — 
Schedule of Restricted Stock Awards
The following table summarizes the status of the Company’s non-vested restricted stock awards and deferred stock awards since June 28, 2024:
 Non-vested Restricted Stock Awards
 Number of
Shares
Weighted Average
Grant Date
Fair Value
Outstanding at June 28, 20241,526 $41.35 
Granted895 40.08 
Vested(235)44.61 
Forfeited(63)44.18 
Outstanding at September 27, 20242,123 $40.31 
Schedule of Stock-Based Compensation Expense
The following table presents share-based compensation expenses included in the Company’s Consolidated Statements of Operations and Comprehensive Loss:

 First Quarters Ended
 September 27, 2024September 29, 2023
Cost of revenues$113 $816 
Selling, general and administrative4,611 1,761 
Research and development1,368 1,540 
Stock-based compensation expense before tax6,092 4,117 
Income taxes (1)(1,645)(1,112)
Stock-based compensation expense, net of income taxes$4,447 $3,005 
(1) Federal and state statutory rate of 27%