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Share-based compensation (Tables)
3 Months Ended
Sep. 27, 2024
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 months ended September 27, 2024 and September 29, 2023 was as follows:
 Three Months Ended
(in thousands)September 27,
2024
September 29,
2023
Share-based compensation expense by type of award:  
Restricted share units$5,713 $4,879 
Performance share units2,969 2,854 
Total share-based compensation expense8,682 7,733 
Tax effect on share-based compensation expense— — 
Net effect on share-based compensation expense$8,682 $7,733 
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 Ended
(in thousands)September 27,
2024
September 29,
2023
Cost of revenue$2,898 $2,165 
Selling, general and administrative expense5,784 5,568 
Total share-based compensation expense$8,682 $7,733 
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 September 27, 2024:
(share units)Restricted Share Units outstandingPerformance Share Units outstandingOrdinary Shares available for future grant
2020 Plan280,753 120,916 1,607,040 
2017 Inducement Plan— — 111,347 
Total280,753 120,916 1,718,387 
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 28, 2024
306,660 $129.01 
Granted92,048 $261.84 
Vested(113,262)$112.98 
Forfeited(4,693)$138.88 
Balance as of September 27, 2024
280,753 $178.86 
 Number
of
Shares
Weighted-
Average Grant
Date Fair Value
Per Share
Balance as of June 30, 2023368,765 $97.49 
Granted95,393 $158.91 
Vested(139,438)$85.02 
Forfeited(4,709)$108.19 
Balance as of September 29, 2023
320,011 $121.07 
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 28, 2024
171,078 $135.31 
Granted46,980 $261.84 
Vested(97,142)$117.35 
Forfeited— $— 
Balance as of September 27, 2024
120,916 $198.90 
 Number
of
Shares
Weighted-
Average Grant
Date Fair Value
Per Share
Balance as of June 30, 2023204,016 $108.81 
Granted73,936 $158.91 
Vested(106,874)101.05 
Forfeited— $— 
Balance as of September 29, 2023
171,078 $135.31