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Earnings Per Share (Tables)
9 Months Ended
Apr. 02, 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 Nine Months Ended

 

 

 

April 2, 2023

 

 

March 27, 2022

 

 

April 2, 2023

 

 

March 27, 2022

 

Net (loss) income

 

$

(5,184

)

 

$

2,066

 

 

$

(31,055

)

 

$

11,675

 

Basic weighted average shares

 

 

18,052

 

 

 

18,473

 

 

 

18,029

 

 

 

18,500

 

Net potential common share equivalents

 

 

 

 

 

469

 

 

 

 

 

 

474

 

Diluted weighted average shares

 

 

18,052

 

 

 

18,942

 

 

 

18,029

 

 

 

18,974

 

Excluded from the calculation of common share equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive common share equivalents

 

 

 

 

 

443

 

 

 

 

 

 

330

 

Excluded from the calculation of diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

Unvested stock options that vest upon achievement of certain market conditions

 

 

333

 

 

 

333

 

 

 

333

 

 

 

333