XML 41 R28.htm IDEA: XBRL DOCUMENT v3.21.2
EARNINGS PER SHARE (Tables)
 12 Months Ended
Jun. 27, 2021
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 27,
2021
  
June 28,
2020
 
Income/(loss) from continuing operations
 
$
1,520
  
$
(4,233
)
Interest saved on convertible notes at 4%
 
$
64
  
$
65
 
Adjusted net income/(loss)
 
$
1,584
  
$
(4,168
)
         
BASIC:
        
Weighted average common shares
  
17,307
   
15,144
 
         
Net income/(loss) per common share
 
$
0.09
  
$
(0.28
)
         
DILUTED:
        
Weighted average common shares
  
17,307
   
15,144
 
Convertible notes
  
798
   
—
 
Dilutive stock options
  
—
   
—
 
Weighted average common shares outstanding
  
18,105
   
15,144
 
         
Income/(loss) from continuing operations per common share
 
$
0.09
  
$
(0.28
)