XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Apr. 02, 2022
Mar. 31, 2021
Apr. 02, 2022
Mar. 31, 2021
Income Statement [Abstract]        
Net sales $ 159,621,000 $ 153,345,000 $ 587,875,000 $ 513,516,000
Cost of sales 120,700,000 105,145,000 426,396,000 354,192,000
Gross margin 38,921,000 48,200,000 161,479,000 159,324,000
Selling, general and administrative expenses 55,568,000 59,183,000 183,507,000 184,600,000
Restructuring, impairment and abandonment charges (278,000) 1,047,000 2,588,000 7,554,000
Operating loss before interest, reorganization and other income/(expense) (16,369,000) (12,030,000) (24,616,000) (32,830,000)
Other income/(expense):        
Interest expense (1,919,000) (1,409,000) (5,520,000) (6,676,000)
Reorganization items, net 128,000 (23,597,000) (923,000) 62,169,000
Other income/(expense), net 78,000 89,000 210,000 (104,000)
Other income/(expense) total (1,713,000) (24,917,000) (6,233,000) 55,389,000
Earnings/(loss) before income taxes (18,082,000) (36,947,000) (30,849,000) 22,559,000
Income tax expense 69,000 172,000 11,000 715,000
Net earnings/(loss) $ (18,151,000) $ (37,119,000) $ (30,860,000) $ 21,844,000
Net earnings/(loss) per common share:        
Basic $ (0.21) $ (0.55) $ (0.36) $ 0.41
Diluted $ (0.21) $ (0.55) $ (0.36) $ 0.41
Weighted average number of common shares:        
Basic 85,097 67,584 84,695 52,741
Diluted 85,097 67,584 84,695 52,741