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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Mar. 30, 2024
Apr. 01, 2023
Income Statement [Abstract]        
Net sales $ 140,527,000 $ 164,553,000 $ 433,707,000 $ 425,524,000
Cost of sales 132,446,000 150,277,000 403,001,000 391,950,000
Gross profit 8,081,000 14,276,000 30,706,000 33,574,000
Research, development and engineering expenses 2,234,000 2,580,000 6,233,000 7,162,000
Selling, general and administrative expenses 6,422,000 6,961,000 18,263,000 18,353,000
Gain on insurance proceeds, net of losses 0 (396,000) (431,000) (4,040,000)
Total operating expenses 8,656,000 9,145,000 24,065,000 21,475,000
Operating income (loss) (575,000) 5,131,000 6,641,000 12,099,000
Interest expense, net 2,800,000 2,688,000 8,772,000 7,081,000
Income (loss) before income taxes (3,375,000) 2,443,000 (2,131,000) 5,018,000
Income tax provision (benefit) (1,154,000) 467,000 (1,329,000) 924,000
Net income (loss) $ (2,221,000) $ 1,976,000 $ (802,000) $ 4,094,000
Net income (loss) per share - Basic (in USD per share) $ (0.21) $ 0.18 $ (0.07) $ 0.38
Weighted average shares outstanding — Basic (in shares) 10,762 10,762 10,762 10,762
Net income (loss) per share - Diluted (in USD per share) $ (0.21) $ 0.18 $ (0.07) $ 0.38
Weighted average shares outstanding — Diluted (in shares) 10,762 10,865 10,762 10,892