XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2023
Jan. 01, 2023
Dec. 31, 2023
Jan. 01, 2023
Net revenues $ 822,054 $ 897,877 $ 1,091,104 $ 1,201,481
Cost of revenues 466,357 530,111 633,479 732,257
Gross profit 355,697 367,766 457,625 469,224
Operating expenses:        
Marketing and sales 188,557 194,466 271,075 283,605
Technology and development 14,822 14,952 30,126 29,692
General and administrative 27,154 28,908 55,643 55,153
Depreciation and amortization 14,152 14,315 27,346 27,009
Intangible impairment 19,762 0 19,762 0
Total operating expenses 264,447 252,641 403,952 395,459
Operating income 91,250 115,125 53,673 73,765
Interest expense, net 4,611 4,143 8,093 6,964
Other (income) expense, net (2,736) 148 (2,262) 1,070
Income before income taxes 89,375 110,834 47,842 65,731
Income tax expense 26,468 28,304 16,177 16,893
Net income and comprehensive net income $ 62,907 $ 82,530 $ 31,665 $ 48,838
Basic net income per common share (in dollars per share) $ 0.97 $ 1.28 $ 0.49 $ 0.76
Diluted net income per common share (in dollars per share) $ 0.97 $ 1.27 $ 0.49 $ 0.75
Weighted average shares used in the calculation of net income per common share:        
Basic (in shares) 64,835 64,675 64,814 64,606
Diluted (in shares) 65,177 64,835 65,155 64,820