v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 29, 2017
Dec. 30, 2016
Dec. 29, 2017
Dec. 30, 2016
Revenues $ 337,072 $ 351,156 $ 694,385 $ 683,199
Cost of revenues (299,906) (308,110) (616,887) (600,545)
Gross profit 37,166 43,046 77,498 82,654
Selling, general and administrative expenses (13,157) (17,651) (28,835) (33,483)
Expenses related to reduction in workforce (1,776) 0 (1,776) 0
Operating income 22,233 25,395 46,887 49,171
Interest income 596 320 1,405 757
Interest expense (826) (555) (1,679) (1,876)
Foreign exchange (loss) gain, net (1,348) 1,945 (3,282) 3,602
Other income 250 147 347 289
Income before income taxes 20,905 27,252 43,678 51,943
Income tax expense (1,592) (1,960) (3,332) (3,885)
Net income 19,313 25,292 40,346 48,058
Other comprehensive (loss) income, net of tax:        
Change in net unrealized loss on marketable securities (462) (353) (432) (540)
Change in net unrealized loss on derivative instruments 0 0 (1) (158)
Change in foreign currency translation adjustment 44 (1,903) 569 (1,162)
Total other comprehensive (loss) income, net of tax (418) (2,256) 136 (1,860)
Net comprehensive income $ 18,895 $ 23,036 $ 40,482 $ 46,198
Earnings per share        
Basic $ 0.52 $ 0.69 $ 1.08 $ 1.31
Diluted $ 0.51 $ 0.67 $ 1.06 $ 1.28
Weighted-average number of ordinary shares outstanding (thousands of shares)        
Basic 37,477 36,848 37,462 36,626
Diluted 38,156 37,805 38,160 37,567