v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Mar. 30, 2025
Mar. 31, 2024
Income Statement [Abstract]        
Net revenues $ 331,454 $ 379,405 $ 1,349,036 $ 1,470,509
Cost of revenues (excludes depreciation and amortization) 226,455 240,688 816,125 874,167
Gross profit 104,999 138,717 532,911 596,342
Operating expenses:        
Marketing and sales 106,728 105,828 375,828 376,903
Technology and development 14,728 15,291 46,340 45,417
General and administrative 25,634 32,295 81,570 87,938
Depreciation and amortization 13,119 13,232 40,287 40,578
Goodwill and intangible impairment 138,220 0 138,220 19,762
Total operating expenses 298,429 166,646 682,245 570,598
Operating income (loss) (193,430) (27,929) (149,334) 25,744
Interest expense, net 1,462 881 9,218 8,974
Other expense (income), net 1,827 (3,574) (1,104) (5,836)
Income (loss) before income taxes (196,719) (25,236) (157,448) 22,606
Income tax (benefit) expense (18,475) (8,333) (9,362) 7,844
Net income (loss) (178,244) (16,903) (148,086) 14,762
Comprehensive net income (loss) $ (178,244) $ (16,903) $ (148,086) $ 14,762
Basic net income (loss) per common share (in dollars per share) $ (2.80) $ (0.26) $ (2.32) $ 0.23
Diluted net income (loss) per common share (in dollars per share) $ (2.80) $ (0.26) $ (2.32) $ 0.23
Weighted average shares used in the calculation of net income (loss) per common share:        
Basic (in shares) 63,598 64,489 63,877 64,703
Diluted (in shares) 63,598 64,489 63,877 65,057