Share-based compensation (Tables)

9 Months Ended

Mar. 27, 2020

Effect of Recording Share-Based Compensation Expense

The effect of recording share-based compensation expense for the three and nine months ended March 27, 2020 and March 29, 2019 was as follows:

	Three Months Ended				Nine Months Ended
(amount in thousands)	March 27, 2020		March 29, 2019		March 27, 2020		March 29, 2019
Share-based compensation expense by type of award:
Restricted share units		4,094		3,621		12,678		11,650
Performance share units		2,024		803		5,623		1,723
Total share-based compensation expense		6,118		4,424		18,301		13,373
Tax effect on share-based compensation expense		—		—		—		—
Net effect on share-based compensation expense	$	6,118	$	4,424	$	18,301	$	13,373

Share-Based Compensation Expense Recorded in Condensed Consolidated Statements of Operations and Comprehensive Income

Share-based compensation expense was recorded in the unaudited condensed consolidated statements of operations and comprehensive income as follows:

	Three Months ended				Nine Months Ended
(amount in thousands)	March 27, 2020		March 29, 2019		March 27, 2020		March 29, 2019
Cost of revenue	$	1,489	$	1,237	$	4,800	$	4,384
Selling, general and administrative expense		4,629		3,187		13,501		8,989
Total share-based compensation expense	$	6,118	$	4,424	$	18,301	$	13,373

Restricted Share Unit Activity

The following table summarizes restricted share unit activity under the Equity Incentive Plans:

	Number of Shares			Weighted- Average Grant Date Fair Value Per Share
Balance as of June 28, 2019		800,751		$	42.48
Granted		343,792		$	50.32
Issued		(321,659	)	$	40.82
Forfeited		(28,457	)	$	42.80
Balance as of March 27, 2020		794,427		$	46.54

	Number of Shares			Weighted- Average Grant Date Fair Value Per Share
Balance as of June 29, 2018		1,073,580		$	35.19
Granted		341,748		$	48.77
Issued		(496,854	)	$	34.08
Forfeited		(104,194	)	$	38.50
Balance as of March 29, 2019		814,280		$	41.14

Performance Share Unit Activity

The following table summarizes performance share unit activity under the Equity Incentive Plans:

	Number of Shares			Weighted- Average Grant Date Fair Value Per Share
Balance as of June 28, 2019		548,500		$	40.97
Granted		242,310		$	48.65
Issued		—			—
Forfeited		(350,670	)	$	36.99
Balance as of March 27, 2020		440,140		$	48.37

	Number of Shares			Weighted- Average Grant Date Fair Value Per Share
Balance as of June 29, 2018		605,892		$	38.41
Granted		201,994		$	48.02
Issued		(227,268	)	$	40.48
Forfeited		(27,954	)	$	39.35
Balance as of March 29, 2019		552,664		$	41.02