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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2023
Jan. 01, 2023
Dec. 31, 2023
Jan. 01, 2023
Income Statement [Abstract]        
NET SALES $ 99,481 $ 159,188 $ 203,698 $ 328,704
COST OF SALES 80,752 120,961 163,133 244,504
GROSS PROFIT 18,729 38,227 40,565 84,200
OPERATING EXPENSES:        
Selling and marketing 3,150 3,042 6,614 6,821
General and administrative 8,111 8,235 17,468 17,718
Amortization of other intangible assets 450 489 912 978
Total operating expenses 11,711 11,766 24,994 25,517
OPERATING INCOME 7,018 26,461 15,571 58,683
OTHER INCOME (EXPENSE):        
Interest expense (854) (666) (1,732) (1,228)
Interest income 1,415 621 2,766 772
INCOME BEFORE INCOME TAX EXPENSE 7,579 26,416 16,605 58,227
INCOME TAX EXPENSE 1,652 6,433 3,602 13,609
Net income from continuing operations 5,927 19,983 13,003 44,618
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX (Note 3) (41) (300) (922) (20,867)
NET INCOME $ 5,886 $ 19,683 $ 12,081 $ 23,751
Basic        
Continuing operations $ 0.35 $ 1.13 $ 0.76 $ 2.51
Discontinued operations 0 (0.02) (0.05) (1.18)
Net income 0.35 1.11 0.71 1.33
Diluted        
Continuing operations 0.35 1.12 0.76 2.49
Discontinued operations (0.01) (0.01) (0.06) (1.16)
Net income $ 0.34 $ 1.11 $ 0.7 $ 1.33
WEIGHTED AVERAGE SHARES USED FOR COMPUTATION OF:        
Basic earnings per share 17,010,116 17,669,645 17,083,204 17,807,853
Diluted earnings per share 17,091,633 17,774,329 17,158,124 17,903,027