Quarterly Results (Unaudited) (Tables)

12 Months Ended

Jun. 27, 2021

Quarterly Financial Data [Abstract]

Schedule of Quarterly Financial Data

Quarterly financial data and selected highlights are as follows:

	For the Fiscal Quarter Ended
	September 27, 2020		December 27, 2020		March 28, 2021		June 27,  2021
Net sales (1)	$	141,505	$	162,776	$	178,866	$	184,445
Gross profit (2)		14,561		25,934		25,595		27,404
Net income (3)		3,432		7,464		4,758		13,419
Net income per common share:
Basic (4)	$	0.19	$	0.40	$	0.26	$	0.73
Diluted (4)	$	0.18	$	0.40	$	0.25	$	0.70

	For the Fiscal Quarter Ended
	September 29, 2019		December 29, 2019		March 29, 2020			June 28,  2020
Net sales (5)	$	179,949	$	169,511	$	170,994		$	86,055
Gross profit (loss) (6)		17,443		15,665		15,383			(9,451	)
Net income (loss) (7)		3,712		409		(41,111	)		(20,247	)
Net income (loss) per common share:
Basic (4)	$	0.20	$	0.02	$	(2.23	)	$	(1.10	)
Diluted (4)	$	0.20	$	0.02	$	(2.23	)	$	(1.10	)

(1) Net sales for the fiscal quarters ended September 27, 2020 and December 27, 2020 includes adverse demand pressures from the COVID-19 pandemic.

(2) Gross profit for the fiscal quarter ended September 27, 2020 includes adverse demand pressures from the COVID-19 pandemic. Gross profit for the fiscal quarters ended December 27, 2020, March 28, 2021 and June 27, 2021 includes the benefit of exceptional performance by the Brazil Segment primarily due to higher conversion margin and market share capture due to agility and responsiveness during demand recovery in Brazil.

(3) Net income for the fiscal quarter ended September 27, 2020 includes adverse demand pressures from the COVID-19 pandemic. Net income for the fiscal quarter ended June 27, 2021 includes a recovery of non-income taxes in Brazil due to the favorable conclusion of litigation related to excess social program taxes for multiple prior years.

(4) Income (loss) per share is computed independently for each of the periods presented.  The sum of the income (loss) per share amounts for the fiscal quarters may not equal the total for the fiscal year.

(5) Net sales for the fiscal quarter ended June 28, 2020, includes the impact of global demand declines and decreased economic activity caused by the COVID-19 pandemic.

(6) Gross loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of lower fixed cost absorption in connection with the COVID-19 pandemic.

(7) Net loss for the fiscal quarter ended March 29, 2020 includes the impairment charge for PAL of $45,194.  Net loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of the COVID-19 pandemic and severance charges for involuntary terminations.