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Earnings Per Share (Tables)
6 Months Ended
Jan. 01, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share

The components of the calculation of earnings per share (“EPS”) are as follows:

 

 

 

For the Three Months Ended

 

 

For the Six Months Ended

 

 

 

January 1, 2023

 

 

December 26, 2021

 

 

January 1, 2023

 

 

December 26, 2021

 

Net (loss) income

 

$

(18,037

)

 

$

929

 

 

$

(25,871

)

 

$

9,609

 

Basic weighted average shares

 

 

18,034

 

 

 

18,511

 

 

 

18,017

 

 

 

18,513

 

Net potential common share equivalents

 

 

 

 

 

493

 

 

 

 

 

 

486

 

Diluted weighted average shares

 

 

18,034

 

 

 

19,004

 

 

 

18,017

 

 

 

18,999

 

Excluded from the calculation of common share equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive common share equivalents

 

 

739

 

 

 

324

 

 

 

703

 

 

 

324

 

Excluded from the calculation of diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

Unvested stock options that vest upon achievement of certain market conditions

 

 

333

 

 

 

333

 

 

 

333

 

 

 

333