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Computation of Earnings Per Share (Tables) | 12 Months Ended
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Jul. 02, 2023
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings (Loss) Per Share | The computation of basic and diluted earnings per share (“EPS”) is as follows:
|  | Fiscal 2023 |  |  | Fiscal 2022 |  |  | Fiscal 2021 |
Basic EPS |  |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (46,344 | ) |  | $ | 15,171 |  |  | $ | 29,073 |
Weighted average common shares outstanding |  |  | 18,037 |  |  |  | 18,429 |  |  |  | 18,472 |
Basic EPS |  | $ | (2.57 | ) |  | $ | 0.82 |  |  | $ | 1.57 |
Diluted EPS |  |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (46,344 | ) |  | $ | 15,171 |  |  | $ | 29,073 |
Weighted average common shares outstanding |  |  | 18,037 |  |  |  | 18,429 |  |  |  | 18,472 |
Net potential common share equivalents |  |  | — |  |  |  | 439 |  |  |  | 384 |
Adjusted weighted average common shares outstanding |  |  | 18,037 |  |  |  | 18,868 |  |  |  | 18,856 |
Diluted EPS |  | $ | (2.57 | ) |  | $ | 0.80 |  |  | $ | 1.54 |
Excluded from the calculation of common share equivalents: |  |  |  |  |  |  |  |  |
Anti-dilutive common share equivalents |  |  | — |  |  |  | 225 |  |  |  | 497 |
Excluded from the calculation of diluted shares: |  |  |  |  |  |  |  |  |
Unvested stock options that vest upon achievement of certain market conditions |  |  | 333 |  |  |  | 333 |  |  |  | 333 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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