Stock-based Compensation (Tables)

12 Months Ended

Jun. 29, 2024

2007 Option Plan [Member]

Summary of Stock Option Activity

The following table summarizes the stock option activity for fiscal 2024 under the 2007 Option Plan.

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value (in millions)
Outstanding as of July 1, 2023		588,155		$	19.13
Exercised		(86,553	)	$	18.74
Outstanding, vested, and exercisable as of June 29, 2024		501,602		$	19.20		1.2	$	23.5

2015 Incentive Plan [Member]

Summary of Stock Option Activity

The following table summarizes the stock option activity for fiscal 2024 under the 2015 Incentive Plan.

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value (in millions)
Outstanding as of July 1, 2023		662,557		$	27.62
Exercised		(19,133	)	$	31.24
Outstanding, vested, and exercisable as of June 29, 2024		643,424		$	27.51		2.7	$	24.8

Summary of Changes in Nonvested Restricted Shares and RSU

The following table summarizes the changes in nonvested restricted shares and restricted stock units for fiscal 2024 under the 2015 Incentive Plan.

	Shares			Weighted Average Grant Date Fair Value
Nonvested as of July 1, 2023		1,652,129		$	46.76
Granted		677,041		$	64.38
Performance shares adjustment		87,197		$	47.55
Vested		(960,864	)	$	42.42
Forfeited		(48,971	)	$	55.03
Nonvested as of June 29, 2024		1,406,532		$	57.95

2015 Incentive Plan [Member] | Performance-based Restricted Shares [Member]

Summary of Weighted Average Assumptions

The Company, with the assistance of a third-party valuation expert, estimated the fair value of performance-based restricted shares with a Relative TSR market condition granted in fiscal 2024, fiscal 2023 and fiscal 2022 using a Monte Carlo simulation with the following weighted-average assumptions:

	For the fiscal year ended June 29, 2024			For the fiscal year ended July 1, 2023			For the fiscal year ended July 2, 2022
Risk-Free Interest Rate		4.66	%		3.31	%		0.45	%
Dividend Yield		0.00	%		0.00	%		0.00	%
Expected Volatility		41.47	%		75.45	%		71.76	%
Expected Term (in years)		2.85			2.84			2.83
Fair Value of Awards Granted	$	75.25		$	68.06		$	62.34

Core-Mark 2019 Long Term Incentive Plan [Member]

Summary of Changes in Nonvested Restricted Shares and RSU

The following table summarizes the changes in nonvested RSUs for fiscal 2024 under the Core-Mark 2019 Long-Term Incentive Plan.

	Shares			Weighted Average Grant Date Fair Value
Nonvested as of July 1, 2023		73,582		$	49.55
Vested		(72,442	)	$	49.55
Forfeited		(1,140	)	$	49.55
Nonvested as of June 29, 2024		-		$	-