Computation of Earnings Per Share (Tables)

12 Months Ended

Jul. 02, 2023

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings (Loss) Per Share

The computation of basic and diluted earnings per share (“EPS”) is as follows:

	Fiscal 2023			Fiscal 2022		Fiscal 2021
Basic EPS
Net (loss) income	$	(46,344	)	$	15,171	$	29,073
Weighted average common shares outstanding		18,037			18,429		18,472
Basic EPS	$	(2.57	)	$	0.82	$	1.57
Diluted EPS
Net (loss) income	$	(46,344	)	$	15,171	$	29,073
Weighted average common shares outstanding		18,037			18,429		18,472
Net potential common share equivalents		—			439		384
Adjusted weighted average common shares outstanding		18,037			18,868		18,856
Diluted EPS	$	(2.57	)	$	0.80	$	1.54
Excluded from the calculation of common share equivalents:
Anti-dilutive common share equivalents		—			225		497
Excluded from the calculation of diluted shares:
Unvested stock options that vest upon achievement of certain    market conditions		333			333		333