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EARNINGS PER SHARE (Tables)
 12 Months Ended
Jun. 26, 2022
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 26,
2022
    
June 27,
2021
  
Net income available to common shareholders
  
$
8,022
    
$
1,520
Interest saved on convertible notes at 4%
  
$
40
    
$
64
  
Adjusted net income
  
$
8,062
    
$
1,584
                 
BASIC:
                
Weighted average common shares
    
17,993
      
17,307
  
                 
Net income/(loss) per common share
  
$
0.45
    
$
0.09
                 
DILUTED:
                
Weighted average common shares
    
17,993
      
17,307
  
Convertible notes
    
—
      
798
  
Weighted average common shares outstanding
    
17,993
      
18,105
  
                 
Income from continuing operations per common share
  
$
0.45
    
$
0.09