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NET INCOME (LOSS) PER SHARE
9 Months Ended
Mar. 29, 2020
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE

10.

NET INCOME (LOSS) PER SHARE

The following table sets forth the computation of the Company’s net income (loss) per share:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 29,

 

 

March 31,

 

 

March 29,

 

 

March 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Net income (loss)

 

$

(36,713

)

 

$

12,763

 

 

$

(21,211

)

 

$

31,415

 

Weighted average shares — basic

 

 

18,739,480

 

 

 

18,657,719

 

 

 

18,731,338

 

 

 

18,652,289

 

Dilutive effect of assumed exercises of stock options

 

 

 

 

 

39,160

 

 

 

 

 

 

47,258

 

Dilutive effect of assumed restricted share awards/units

 

 

 

 

 

59,726

 

 

 

 

 

 

66,350

 

Weighted average outstanding shares — diluted

 

 

18,739,480

 

 

 

18,756,605

 

 

 

18,731,338

 

 

 

18,765,897

 

Basic net income per share

 

$

(1.96

)

 

$

0.68

 

 

$

(1.13

)

 

$

1.68

 

Diluted net income (loss) per share

 

$

(1.96

)

 

$

0.68

 

 

$

(1.13

)

 

$

1.67

 

 

For the three and nine months ended March 29, 2020 and March 31, 2019, the weighted average shares that were anti-dilutive, and therefore excluded from the computation of diluted net income (loss) per share, included:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 29,

 

 

March 31,

 

 

March 29,

 

 

March 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Restricted stock awards

 

 

61,420

 

 

 

1,757

 

 

 

44,428

 

 

 

1,090

 

Performance stock units

 

 

52,288

 

 

 

33,365

 

 

 

45,258

 

 

 

1,036