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Share-based compensation (Tables)
6 Months Ended
Dec. 29, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Effect of Recording Share-Based Compensation Expense
The effect of recording share-based compensation expense for the three and six months ended December 29, 2023 and December 30, 2022 was as follows:
 Three Months EndedSix Months Ended
(in thousands)December 29,
2023
December 30,
2022
December 29,
2023
December 30,
2022
Share-based compensation expense by type of award:  
Restricted share units$4,088 $3,999 $8,967 $8,900 
Performance share units2,893 2,776 5,747 5,598 
Total share-based compensation expense6,981 6,775 14,714 14,498 
Tax effect on share-based compensation expense— — — — 
Net effect on share-based compensation expense$6,981 $6,775 $14,714 $14,498 
Schedule of 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 EndedSix Months Ended
(in thousands)December 29,
2023
December 30,
2022
December 29,
2023
December 30,
2022
Cost of revenue$1,701 $1,660 $3,866 $3,576 
Selling, general and administrative expense5,280 5,115 10,848 10,922 
Total share-based compensation expense$6,981 $6,775 $14,714 $14,498 
Share-Based Payment Arrangement, Activity
The following table summarizes the number of equity awards outstanding and ordinary shares available for grant under each of the Equity Incentive Plans as of December 29, 2023:
(share units)Restricted Share Units outstandingPerformance Share Units outstandingOrdinary Shares available for future grant
2020 Plan327,764 171,078 1,758,843 
2017 Inducement Plan— — 111,347 
Total327,764 171,078 1,870,190 
Schedule of 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 30, 2023
368,765 $97.49 
Granted114,159 $160.54 
Vested(145,067)$86.07 
Forfeited(10,093)$120.71 
Balance as of December 29, 2023
327,764 $123.79 
 Number
of
Shares
Weighted-
Average Grant
Date Fair Value
Per Share
Balance as of June 24, 2022459,626 $75.14 
Granted148,830 $119.14 
Vested(189,375)$64.23 
Forfeited(15,028)$89.86 
Balance as of December 30, 2022
404,053 $95.91 
Schedule of 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 30, 2023
204,016 $108.81 
Granted73,936 $158.91 
Vested(106,874)$101.05 
Forfeited— $— 
Balance as of December 29, 2023
171,078 $135.31 
 Number
of
Shares
Weighted-
Average Grant
Date Fair Value
Per Share
Balance as of June 24, 2022285,882 $81.64 
Granted97,142 $117.35 
Vested(179,008)70.05 
Forfeited— $— 
Balance as of December 30, 2022
204,016 $108.81