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Net Income (Loss) Per Common Share | 9 Months Ended
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Mar. 30, 2025
Earnings Per Share [Abstract] |
Net Income (Loss) Per Common Share | Net Income (Loss) Per Common Share Basic net income (loss) per common share is computed by dividing the net income (loss) during the period by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per common share reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock. The following table sets forth the computation of basic and diluted net income (loss) per common share:
| Three Months Ended |  | Nine Months Ended
| March 30, 2025 |  | March 31, 2024 |  | March 30, 2025 |  | March 31, 2024
| (in thousands, except per share data)
Numerator: |  |  |  |  |  |  |
Net income (loss) | $ | (178,244) |  |  | $ | (16,903) |  |  | $ | (148,086) |  |  | $ | 14,762 |
Denominator: |  |  |  |  |  |  |
Weighted average shares outstanding | 63,598 |  |  | 64,489 |  |  | 63,877 |  |  | 64,703 |
Effect of dilutive stock options and unvested restricted stock awards | - |  |  | - |  |  | - |  |  | 354 |
Diluted weighted-average shares outstanding | 63,598 |  |  | 64,489 |  |  | 63,877 |  |  | 65,057 |
Net income (loss) per common share |  |  |  |  |  |  |
Basic | $ | (2.80) |  |  | $ | (0.26) |  |  | $ | (2.32) |  |  | $ | 0.23 |
Diluted | $ | (2.80) |  |  | $ | (0.26) |  |  | $ | (2.32) |  |  | $ | 0.23 |

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