Note 3 - Net Income (Loss) Per Common Share (Tables)

12 Months Ended

Jul. 02, 2023

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Years Ended
	July 2, 2023			July 3, 2022		June 27, 2021
	(in thousands, except per share data)
Numerator:
Net income (loss)	$	(44,702	)	$	29,610	$	118,652
Denominator:
Weighted average shares outstanding		64,688			64,977		64,739
Effect of dilutive securities:
Employee stock options		-			45		727
Employee restricted stock awards		-			595		1,080
Total effect of dilutive securities		-			640		1,807
Adjusted weighted-average shares and assumed conversions		64,688			65,617		66,546
Net income (loss) per common share:
Basic	$	(0.69	)	$	0.46	$	1.83
Diluted	$	(0.69	)	$	0.45	$	1.78