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Earnings Per Share (Tables)
6 Months Ended
Jan. 01, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share

The components of the calculation of earnings per share (“EPS”) are as follows:

 

 

 

For the Three Months Ended

 

 

For the Six Months Ended

 

 

 

January 1, 2023

 

 

December 26, 2021

 

 

January 1, 2023

 

 

December 26, 2021

 

Net (loss) income

 

$

(18,037

)

 

$

929

 

 

$

(25,871

)

 

$

9,609

 

Basic weighted average shares

 

 

18,034

 

 

 

18,511

 

 

 

18,017

 

 

 

18,513

 

Net potential common share equivalents

 

 

—

 

 

 

493

 

 

 

—

 

 

 

486

 

Diluted weighted average shares

 

 

18,034

 

 

 

19,004

 

 

 

18,017

 

 

 

18,999

 

Excluded from the calculation of common share equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive common share equivalents

 

 

739

 

 

 

324

 

 

 

703

 

 

 

324

 

Excluded from the calculation of diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

Unvested stock options that vest upon achievement of certain market conditions

 

 

333

 

 

 

333

 

 

 

333

 

 

 

333