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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jul. 03, 2022
Net revenues $ 1,831,421 $ 2,017,853 $ 2,207,885
Cost of revenues (excludes depreciation and amortization) 1,096,668 1,260,327 1,386,147
Gross profit 734,753 757,526 821,738
Operating expenses:      
Marketing and sales 485,016 500,840 571,661
Technology and development 60,235 60,691 56,561
General and administrative 118,060 112,747 102,337
Depreciation and amortization 53,752 53,673 49,078
Goodwill and intangible impairment 19,762 64,586 0
Total operating expenses 736,825 792,537 779,637
Operating income (loss) (2,072) (35,011) 42,101
Interest expense, net 10,623 10,946 5,667
Other expense (income), net (6,793) 805 5,332
Income (loss) before income taxes (5,902) (46,762) 31,102
Income tax (benefit) expense 203 (2,060) 1,492
Net income (loss) (6,105) (44,702) 29,610
Other comprehensive income (currency translation) 43 41 107
Comprehensive income (loss) $ (6,062) $ (44,661) $ 29,717
Basic net income (loss) per common share (in dollars per share) $ (0.09) $ (0.69) $ 0.46
Diluted net income (loss) per common share (in dollars per share) $ (0.09) $ (0.69) $ 0.45
Weighted average shares used in the calculation of net income (loss) per common share:      
Basic (in shares) 64,586 64,688 64,977
Diluted (in shares) 64,586 64,688 65,617