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Quarterly Results (Unaudited) (Tables) | 12 Months Ended
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Jun. 27, 2021
Quarterly Financial Data [Abstract] |
Schedule of Quarterly Financial Data | Quarterly financial data and selected highlights are as follows:
|  | For the Fiscal Quarter Ended |
|  | September 27, 2020 |  |  | December 27, 2020 |  |  | March 28, 2021 |  |  | June 27, 2021 |
Net sales (1) |  | $ | 141,505 |  |  | $ | 162,776 |  |  | $ | 178,866 |  |  | $ | 184,445 |
Gross profit (2) |  |  | 14,561 |  |  |  | 25,934 |  |  |  | 25,595 |  |  |  | 27,404 |
Net income (3) |  |  | 3,432 |  |  |  | 7,464 |  |  |  | 4,758 |  |  |  | 13,419 |
Net income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (4) |  | $ | 0.19 |  |  | $ | 0.40 |  |  | $ | 0.26 |  |  | $ | 0.73 |
Diluted (4) |  | $ | 0.18 |  |  | $ | 0.40 |  |  | $ | 0.25 |  |  | $ | 0.70 |
|  | For the Fiscal Quarter Ended |
|  | September 29, 2019 |  |  | December 29, 2019 |  |  | March 29, 2020 |  |  | June 28, 2020 |
Net sales (5) |  | $ | 179,949 |  |  | $ | 169,511 |  |  | $ | 170,994 |  |  | $ | 86,055 |
Gross profit (loss) (6) |  |  | 17,443 |  |  |  | 15,665 |  |  |  | 15,383 |  |  |  | (9,451 | )
Net income (loss) (7) |  |  | 3,712 |  |  |  | 409 |  |  |  | (41,111 | ) |  |  | (20,247 | )
Net income (loss) per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (4) |  | $ | 0.20 |  |  | $ | 0.02 |  |  | $ | (2.23 | ) |  | $ | (1.10 | )
Diluted (4) |  | $ | 0.20 |  |  | $ | 0.02 |  |  | $ | (2.23 | ) |  | $ | (1.10 | )
(1) | Net sales for the fiscal quarters ended September 27, 2020 and December 27, 2020 includes adverse demand pressures from the COVID-19 pandemic.
(2) | Gross profit for the fiscal quarter ended September 27, 2020 includes adverse demand pressures from the COVID-19 pandemic. Gross profit for the fiscal quarters ended December 27, 2020, March 28, 2021 and June 27, 2021 includes the benefit of exceptional performance by the Brazil Segment primarily due to higher conversion margin and market share capture due to agility and responsiveness during demand recovery in Brazil.
(3) | Net income for the fiscal quarter ended September 27, 2020 includes adverse demand pressures from the COVID-19 pandemic. Net income for the fiscal quarter ended June 27, 2021 includes a recovery of non-income taxes in Brazil due to the favorable conclusion of litigation related to excess social program taxes for multiple prior years.
(4) | Income (loss) per share is computed independently for each of the periods presented. The sum of the income (loss) per share amounts for the fiscal quarters may not equal the total for the fiscal year.
(5) | Net sales for the fiscal quarter ended June 28, 2020, includes the impact of global demand declines and decreased economic activity caused by the COVID-19 pandemic.
(6) | Gross loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of lower fixed cost absorption in connection with the COVID-19 pandemic.
(7) | Net loss for the fiscal quarter ended March 29, 2020 includes the impairment charge for PAL of $45,194. Net loss for the fiscal quarter ended June 28, 2020 includes the adverse impact of the COVID-19 pandemic and severance charges for involuntary terminations.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
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