v3.26.1
Net Income per Share of Common Stock
 12 Months Ended
Jul. 03, 2026
Earnings Per Share [Abstract]  
Net Income per Share of Common Stock Net Income per Share of Common Stock
Net income per share is computed by dividing net income attributable to the Company by the weighted average number of shares of its outstanding common stock.
The following table presents the computation of basic and diluted net income per share:
Fiscal Year
(In thousands, except per share amounts)202620252024
Numerator:
   Net income$2,539 $1,341 $10,760 
Denominator:
   Weighted average shares outstanding, basic12,847 12,681 12,182 
   Effect of potentially dilutive equivalent shares180 145 274 
   Weighted average shares outstanding, diluted13,027 12,826 12,456 
Net income per share:
   Basic$0.20 $0.11 $0.88 
   Diluted$0.19 $0.10 $0.86 
The following table summarizes the weighted-average equity awards that were excluded from the diluted net income per share calculations since they were anti-dilutive:
Fiscal Year
(In thousands)202620252024
Stock options268 314 319 
Restricted stock units and performance stock units
60 135 23 
Total shares of common stock excluded328 449 342