XML 68 R53.htm IDEA: XBRL DOCUMENT v3.22.2.2
Computation of Earnings Per Share (Tables)
12 Months Ended
Jul. 03, 2022
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:

 

 

 

For the Fiscal Year Ended

 

 

 

July 3, 2022

 

 

June 27, 2021

 

 

June 28, 2020

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

15,171

 

 

$

29,073

 

 

$

(57,237

)

Weighted average common shares outstanding

 

 

18,429

 

 

 

18,472

 

 

 

18,475

 

Basic EPS

 

$

0.82

 

 

$

1.57

 

 

$

(3.10

)

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

15,171

 

 

$

29,073

 

 

$

(57,237

)

Weighted average common shares outstanding

 

 

18,429

 

 

 

18,472

 

 

 

18,475

 

Net potential common share equivalents

 

 

439

 

 

 

384

 

 

 

 

Adjusted weighted average common shares outstanding

 

 

18,868

 

 

 

18,856

 

 

 

18,475

 

Diluted EPS

 

$

0.80

 

 

$

1.54

 

 

$

(3.10

)

Excluded from the calculation of common share equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive common share equivalents

 

 

225

 

 

 

497

 

 

 

401

 

Excluded from the calculation of diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

Unvested stock options that vest upon achievement of certain

   market conditions

 

 

333

 

 

 

333

 

 

 

333