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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 29, 2024
Dec. 31, 2023
Dec. 29, 2024
Dec. 31, 2023
Net revenues $ 775,492 $ 822,054 $ 1,017,582 $ 1,091,104
Cost of revenues (excludes depreciation and amortization) 439,899 466,357 589,670 633,479
Gross profit 335,593 355,697 427,912 457,625
Operating expenses:        
Marketing and sales 187,003 188,557 269,100 271,075
Technology and development 15,973 14,822 31,612 30,126
General and administrative 27,410 27,154 55,936 55,643
Depreciation and amortization 14,130 14,152 27,168 27,346
Intangible impairment 0 19,762 0 19,762
Total operating expenses 244,516 264,447 383,816 403,952
Operating income 91,077 91,250 44,096 53,673
Interest expense, net 4,396 4,611 7,756 8,093
Other income, net (1,164) (2,736) (2,931) (2,262)
Income before income taxes 87,845 89,375 39,271 47,842
Income tax expense 23,497 26,468 9,113 16,177
Net income and comprehensive net income $ 64,348 $ 62,907 $ 30,158 $ 31,665
Basic net income per common share (in dollars per share) $ 1.01 $ 0.97 $ 0.47 $ 0.49
Diluted net income per common share (in dollars per share) $ 1 $ 0.97 $ 0.47 $ 0.49
Weighted average shares used in the calculation of net income per common share:        
Basic (in shares) 63,836 64,835 64,017 64,814
Diluted (in shares) 64,306 65,177 64,501 65,155