Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jul. 03, 2026

The net impact of changes in estimates had the following impact on the Company’s operating results:


	For the Fiscal Years Ended
(In thousands, except per share data)	July 3, 2026		June 27, 2025		June 28, 2024
Loss from operations	$	(18,742)	$	(21,070)	$	(73,245)
Net loss (1)	$	(13,682)	$	(15,381)	$	(53,469)
Diluted net loss per share	$	(0.23)	$	(0.26)	$	(0.93)
Diluted Shares	59,460		58,746		57,738
(1) Federal and state statutory rate of 27%

The following table presents the changes in the Company's product warranty accrual.


	Fiscal 2026		Fiscal 2025		Fiscal 2024
Beginning balance	$	2,945	$	5,721	$	1,282





Accruals for warranties issued during the period	3,571		1,210		6,270


Settlements made during the period	(3,017)		(3,986)		(1,831)
Ending balance	$	3,499	$	2,945	$	5,721

Basic and diluted weighted average shares outstanding were as follows:


	Fiscal 2026	Fiscal 2025	Fiscal 2024
Basic weighted-average shares outstanding	59,460	58,746	57,738
Effect of dilutive equity instruments	—	—	—
Diluted weighted-average shares outstanding	59,460	58,746	57,738

A summary of the change in component of Accumulated other comprehensive income, net of tax is provided below:


	Foreign currency translation adjustments, net of tax		Deferred compensation and pension benefit plan, net of tax		Change in fair of derivative instruments, net of tax		Accumulated Other Comprehensive Income




Balance at June 30, 2023	$	1,351	$	4,622	$	5,856	$	11,829
Other comprehensive income (loss), net of tax	380		(1,383)		(833)		(1,836)
Balance at June 28, 2024	1,731		3,239		5,023		9,993
Other comprehensive loss, net of tax	(20)		(1,809)		(4,666)		(6,495)
Balance at June 27, 2025	1,711		1,430		357		3,498
Other comprehensive income (loss), net of tax	8,582		(984)		134		7,732
Balance at July 3, 2026	$	10,293	$	446	$	491	$	11,230