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Quarterly Results of Operations
12 Months Ended
Jun. 26, 2016
Quarterly Financial Data [Abstract]  
Quarterly Results of Operations - Unaudited
Quarterly Results of Operations - Unaudited
The following is a summary of the Company’s consolidated quarterly results of operations for each of the fiscal years ended June 26, 2016 and June 28, 2015 (in thousands, except per share data):
 
September 27, 2015*
 
December 27, 2015*
 
March 27, 2016
 
June 26, 2016
 
Fiscal Year 2016
Revenue, net

$425,489

 

$435,806

 

$366,919

 

$388,413

 

$1,616,627

Cost of revenue, net
294,916

 
301,361

 
257,886

 
275,390

 
1,129,553

Gross profit
130,573

 
134,445

 
109,033

 
113,023

 
487,074

Net (loss) income
(24,489
)
 
13,442

 
152

 
(10,641
)
 
(21,536
)
(Loss) earnings per share:
 
 
 
 
 
 
 
 
 
Basic

($0.24
)
 

$0.13

 

$—

 

($0.11
)
 

($0.21
)
Diluted

($0.24
)
 

$0.13

 

$—

 

($0.11
)
 

($0.21
)
 
 
 
 
 
 
 
 
 
 
 
September 28, 2014*
 
December 28, 2014*
 
March 29, 2015*
 
June 28, 2015*
 
Fiscal Year 2015*
Revenue, net

$427,672

 

$413,157

 

$409,519

 

$382,157

 

$1,632,505

Cost of revenue, net
292,111

 
276,637

 
284,371

 
305,467

 
1,158,586

Gross profit
135,561

 
136,520

 
125,148

 
76,690

 
473,919

Net income (loss)
10,955

 
11,977

 
476

 
(88,100
)
 
(64,692
)
(Loss) earnings per share:
 
 
 
 
 
 
 
 
 
Basic

$0.09

 

$0.10

 

$—

 

($0.83
)
 

($0.57
)
Diluted

$0.09

 

$0.10

 

$—

 

($0.83
)
 

($0.57
)

*As revised to reflect the correction of an immaterial error. For additional information, see Note 2, "Basis of Presentation and Summary of Significant Accounting Policies."