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EARNINGS PER SHARE (Tables)
12 Months Ended
Jun. 28, 2020
EARNINGS PER SHARE [Abstract]  
Earnings per Share Basic and Diluted
The following table shows the reconciliation of the numerator and denominator of the basic EPS calculation to the numerator and denominator of the diluted EPS calculation (in thousands, except per share amounts).

  
Fiscal Year Ended
 
  
June 28,
2020
  
June 30,
2019
 
Loss from continuing operations
 
$
(4,233
)
 
$
(750
)
Interest saved on convertible notes at 4%
 
$
65
  
$
63
 
Adjusted net loss
 
$
(4,168
)
 
$
(687
)
         
BASIC:
        
Weighted average common shares
  
15,144
   
15,070
 
         
Net income/(loss) per common share
 
$
(0.28
)
 
$
(0.05
)
         
DILUTED:
        
Weighted average common shares
  
15,144
   
15,070
 
Convertible notes
  
   
 
Dilutive stock options
  
   
 
Weighted average common shares outstanding
  
15,144
   
15,070
 
         
Income/(loss) from continuing operations per common share
 
$
(0.28
)
 
$
(0.05
)