XML 17 R9.htm IDEA: XBRL DOCUMENT v3.20.1
Note 2 - Net Income (Loss) Per Common Share
 9 Months Ended
Mar. 29, 2020
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note
2
– Net Income 
(Loss)
Per Common Share
 
The following table sets forth the computation of basic and diluted net income (loss) per common share:
 
   
Three Months Ended
    
Nine
Months Ended
  
   
March 29, 2020
    
March
3
1
, 201
9
    
March 29, 2020
    
March 31
, 201
9
  
   
(in thousands, except per share data)
  
Numerator:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Net income (loss)
   $
(9,657
 )   $
(8,241
)
   $
49,224
     $
43,071
  
                                 
Denominator:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Weighted average shares outstanding
    
64,348
      
64,194
      
64,517
      
64,383
  
Effect of dilutive securities:
                                
Employee stock options
    
-
      
-
      
1,035
      
1,444
  
Employee restricted stock awards
    
-
      
-
      
826
      
629
  
     
-
      
-
      
1,861
      
2,073
  
                                 
Adjusted weighted-average shares and assumed conversions
    
64,348
      
64,194
      
66,378
      
66,456
  
                                 
Net income
(loss)
per common share
 
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Basic
   $
(0.15
)
   $
(0.13
)
   $
0.76
     $
0.67
  
Diluted
   $
(0.15
)
   $
(0.13
)
   $
0.74
     $
0.65