Common Stock & Share-Based Incentive Plans (Tables)

12 Months Ended

Jul. 02, 2022

Share-Based Payment Arrangement [Abstract]

Summary of Transactions Relating to Options

Following is a summary of transactions relating to the 2008 Plan and 2014 Plan options for the fiscal years ended July 2, 2022, June 30, 2021, and 2020:

	Number of Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Options Outstanding at June 30, 2019		3,698,043			5.63		7.10	$	—
Granted during year		12,000			1.64
Exercised during the year		—			—
Forfeited or expired during year		(1,015,427	)		6.22
Options Outstanding at June 30, 2020		2,694,616			5.33		6.11	$	—
Granted during year		—			—
Exercised during the year		(22,308	)		1.98
Forfeited or expired during year		(327,565	)		5.37
Options Outstanding at June 30, 2021		2,344,743			5.36		4.70	$	1,642,845
Granted during year		—			—
Exercised during the year		(187,538	)		2.45
Forfeited or expired during year		(1,228,009	)		5.03
Options Outstanding at July 2, 2022		929,196		$	6.39		3.07	$	—
Options Exercisable at July 2, 2022		905,633

Summary of Information about Stock Options Outstanding

The following table summarizes information about stock options outstanding at July 2, 2022:

	Options Outstanding						Options Exercisable
Range of Exercise Prices	Number Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price Per Share		Number Exercisable		Weighted Average Exercise Price Per Share
$1.64 - $2.10		130,424		3.16	$	2.03		125,549	$	2.05
$2.45 - $3.12		77,393		3.71		2.58		77,393		2.58
$3.25 - $3.25		105,808		4.50		3.25		87,120		3.25
$5.45 - $5.59		53,293		1.38		5.54		53,293		5.54
$5.95 - $5.95		200,000		2.94		5.95		200,000		5.95
$6.71 - $6.71		88,176		4.04		6.71		88,176		6.71
$7.90 - $7.90		134,772		3.17		7.90		134,772		7.90
$7.91 - $14.72		86,372		1.21		11.40		86,372		11.40
$18.42 - $18.42		22,596		2.15		18.42		22,596		18.42
$19.36 - $19.36		30,362		2.61		19.36		30,362		19.36
		929,196	3.07			6.39		905,633		6.48

Summary of Information about Restricted and Performance Stock Units and Awards Granted and Outstanding

The following table summarizes information about restricted stock units, performance stock units, restricted stock awards and performance stock awards granted and outstanding for the fiscal years ended July 2, 2022, June 30, 2021, and 2020:

	Restricted and Performance Stock Units Number of Shares			Weighted-  Average Fair Value at Date of Grant		Restricted and Performance Stock Awards Number of Shares			Weighted-  Average Fair Value at Date of Grant
Outstanding at June 30, 2019		57,693		$	3.25		1,839,861		$	3.36
Granted during year		57,693			1.58		1,422,927			1.63
Vested during year		(57,693	)		1.58		(446,987	)		3.55
Forfeited during year		—			—		(836,321	)		2.38
Outstanding at June 30, 2020		57,693		$	3.25		1,979,480		$	2.43
Granted during year		3,021,924			2.81		1,121,250			1.50
Vested during year		(57,693	)		1.91		(595,190	)		2.26
Forfeited during year		—			—		(797,172	)		2.29
Outstanding at June 30, 2021		3,021,924		$	2.83		1,708,368		$	1.94
Granted during year		5,580,713			2.02		—			—
Vested during year		(619,264	)		3.24		(800,984	)		1.71
Forfeited during year		(349,094	)		2.72		(668,673	)		2.25
Outstanding at July 2, 2022		7,634,279		$	2.21		238,711		$	1.84

Summary of Activity of Cash Settled Awards

The following table summarizes the activity of cash settled awards during fiscal 2022, 2021, and 2020.

	Performance Based			Service Based			Total
Outstanding at June 30, 2019		—			—			—
Grant during year		287,348			1,132,548			1,419,896
Vested during year		—			—			—
Forfeited during year		—			(269,616	)		(269,616	)
Outstanding at June 30, 2020		287,348			862,932			1,150,280
Grant during year		—			—			—
Vested during year		—			(208,328	)		(208,328	)
Forfeited during year		(143,675	)		(105,030	)		(248,705	)
Outstanding at June 30, 2021		143,673			549,574			693,247
Grant during year		—			565,492			565,492
Vested during year		—			(177,719	)		(177,719	)
Forfeited during year		(84,223	)		(202,270	)		(286,493	)
Outstanding at July 2, 2022		59,450			735,077			794,527

Schedule of Recognized Share-Based Compensation Costs

We recognized share‑based compensation costs as follows (in thousands):

	Fiscal Years Ended
	July 2,			June 30,			June 30,
	2022			2021			2020
Amortization of share-based compensation during the period	$	5,881		$	1,851		$	2,555
Amounts capitalized in inventory		(1,194	)		(410	)		(681	)
Amount recognized and charged to cost of sales		1,233			613			846
Amounts charged against income for the period before tax	$	5,920		$	2,054		$	2,720