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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Jun. 25, 2023
EARNINGS PER SHARE [Abstract] |
Earnings per Share Basic and Diluted | The following table shows the reconciliation of the numerator and denominator of the basic EPS calculation to the numerator and denominator of the diluted EPS calculation (in thousands, except per share amounts).
|  | Fiscal Year Ended |
|  | June 25, 2023 |  |  | June 26, 2022 |
Net income available to common shareholders |  | $ | 1,613 |  |  | $ | 8,022 |
Interest saved on convertible notes at 4% |  | $ | — |  |  | $ | 40 |
Adjusted net income |  | $ | 1,613 |  |  | $ | 8,062 |
BASIC: |  |  |  |  |  |  |  |
Weighted average common shares |  |  | 15,323 |  |  |  | 17,993 |
Net income per common share |  | $ | 0.11 |  |  | $ | 0.45 |
DILUTED: |  |  |  |  |  |  |  |
Weighted average common shares |  |  | 15,323 |  |  |  | 17,993 |
Dilutive restricted stock units |  |  | 588 |  |  |  | — |
Dilutive stock options |  |  | — |  |  |  | — |
Weighted average common shares outstanding |  |  | 15,911 |  |  |  | 17,993 |
Income from continuing operations per common share |  | $ | 0.10 |  |  | $ | 0.45 |

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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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