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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Mar. 31, 2024
Apr. 02, 2023
Net revenues $ 379,405 $ 417,566 $ 1,470,509 $ 1,619,047
Cost of revenues 240,688 277,126 874,167 1,009,383
Gross profit 138,717 140,440 596,342 609,664
Operating expenses:        
Marketing and sales 105,828 106,472 376,903 390,077
Technology and development 15,291 14,837 45,417 44,529
General and administrative 32,295 25,922 87,938 81,075
Depreciation and amortization 13,232 13,267 40,578 40,276
Goodwill and intangible impairment 0 64,586 19,762 64,586
Total operating expenses 166,646 225,084 570,598 620,543
Operating income (loss) (27,929) (84,644) 25,744 (10,879)
Interest expense, net 881 1,712 8,974 8,676
Other (income) expense, net (3,574) 1,404 (5,836) 2,474
Income (loss) before income taxes (25,236) (87,760) 22,606 (22,029)
Income tax (benefit) expense (8,333) (16,767) 7,844 126
Net income (loss) and comprehensive net income (loss) $ (16,903) $ (70,993) $ 14,762 $ (22,155)
Basic net income (loss) per common share (in dollars per share) $ (0.26) $ (1.1) $ 0.23 $ (0.34)
Diluted net income (loss) per common share (in dollars per share) $ (0.26) $ (1.1) $ 0.23 $ (0.34)
Weighted average shares used in the calculation of net income (loss) per common share:        
Basic (in shares) 64,489 64,767 64,703 64,660
Diluted (in shares) 64,489 64,767 65,057 64,660