Three Months Ended

Nine Months Ended

April 2,
2023

March 27,
2022

April 2,
2023

March 27,
2022

(in thousands, except per share data)

Numerator:

Net income (loss)

$

(70,993

)

$

(23,409

)

$

(22,155

)

$

51,860

Denominator:

Weighted average shares outstanding

64,767

65,028

64,660

65,086

Effect of dilutive securities:

Employee stock options

-

63

Employee restricted stock awards

-

700

-

763

Adjusted weighted-average shares and assumed conversions

64,767

65,028

64,660

65,849

Net income (loss) per common share

Basic

$

(1.10

)

$

(0.36

)

$

(0.34

)

$

0.80

Diluted

$

(1.10

)

$

(0.36

)

$

(0.34

)

$

0.79