v3.26.1
Consolidated Statements of Changes in Temporary Equity and Stockholders’ (Deficit) Equity - USD ($)
$ in Thousands
Total
Series A preferred stock
Class A common stock
Class B common stock
Common stock
Class A common stock
Common stock
Class B common stock
Treasury stock
Additional Paid-in capital
Accumulated deficit
Accumulated deficit
Beginning balance (in shares) at Jul. 02, 2023   136,373                
Beginning balance at Jul. 02, 2023   $ 144,329                
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Settlement of Series A preferred stock (in shares)   (15,986)                
Settlement of Series A preferred stock   $ (16,919)                
Ending balance (in shares) at Jun. 30, 2024   120,387                
Ending balance at Jun. 30, 2024   $ 127,410                
Beginning balance (in shares) at Jul. 02, 2023         107,666,301 60,819,437        
Beginning balance at Jul. 02, 2023 $ 155,221       $ 11 $ 6 $ (135,401) $ 506,112 $ (219,659) $ 4,152
Beginning balance (in shares) at Jul. 02, 2023             11,312,302      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (83,581)               (83,581)  
Unrealized gain (loss) on derivatives (2,878)                 (2,878)
Foreign currency translation adjustment (1,054)                 (1,054)
Share-based compensation (in shares)         406,219          
Share-based compensation 13,436             13,436    
Conversion of Class B common stock into Class A common stock (in shares)         2,300,000 2,300,000        
Settlement of Series A preferred stock (in shares)         1,240,960          
Settlement of Series A preferred stock 16,168             16,087 81  
Cash dividends (24,960)             (24,960)    
Repurchase of Class A common stock into Treasury stock (in shares)         22,758,993   22,758,993      
Repurchase of Class A common stock into Treasury stock (249,614)           $ (249,614)      
Ending balance (in shares) at Jun. 30, 2024             34,071,295      
Ending balance (in shares) at Jun. 30, 2024         88,854,487 58,519,437        
Ending balance at Jun. 30, 2024 (177,262)       $ 11 $ 6 $ (385,015) 510,675 (303,159) 220
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Settlement of Series A preferred stock (in shares)   (3,300)                
Settlement of Series A preferred stock   $ (3,492)                
Accrual of paid-in-kind dividends on Series A preferred stock   $ 3,407                
Ending balance (in shares) at Jun. 29, 2025   117,087                
Ending balance at Jun. 29, 2025 127,325 $ 127,325                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (10,022)               (10,022)  
Unrealized gain (loss) on derivatives (525)                 (525)
Foreign currency translation adjustment (175)                 (175)
Share-based compensation (in shares)         1,104,309          
Share-based compensation 11,925       $ 1     11,924    
Settlement of equity awards (in shares)         (1,747,434)          
Settlement of equity awards (16,244)             (16,244)    
Settlement of Series A preferred stock (in shares)         269,886          
Settlement of Series A preferred stock 3,492             3,492    
Accrual of paid-in-kind dividends on Series A preferred stock (3,407)             (3,407)    
Cash dividends (33,551)             (33,551)    
Repurchase of Class A common stock into Treasury stock (in shares)         6,796,938   6,796,938      
Repurchase of Class A common stock into Treasury stock $ (72,902)           $ (72,902)      
Ending balance (in shares) at Jun. 29, 2025 40,868,233           40,868,233      
Ending balance (in shares) at Jun. 29, 2025     81,684,310 58,519,437 81,684,310 58,519,437        
Ending balance at Jun. 29, 2025 $ (298,671)       $ 12 $ 6 $ (457,917) 472,889 (313,181) (480)
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Accrual of paid-in-kind dividends on Series A preferred stock   $ 7,099                
Ending balance (in shares) at Jun. 28, 2026   117,087                
Ending balance at Jun. 28, 2026 134,424 $ 134,424                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (35,777)               (35,777)  
Unrealized gain (loss) on derivatives 12                 12
Foreign currency translation adjustment 755                 755
Share-based compensation (in shares)         431,005          
Share-based compensation 12,933       $ 1     12,932    
Conversion of Class B common stock into Class A common stock (in shares)     3,000,000 (3,000,000) 3,000,000 3,000,000        
Settlement of Series A preferred stock 0                  
Accrual of paid-in-kind dividends on Series A preferred stock (7,099)             (7,099)    
Cash dividends (34,619)             (34,619)    
Repurchase of Class A common stock into Treasury stock (in shares)     4,325,490   4,325,490   4,325,490      
Repurchase of Class A common stock into Treasury stock $ (35,759)   $ (35,442)       $ (35,759)      
Ending balance (in shares) at Jun. 28, 2026 45,193,723   45,193,723       45,193,723      
Ending balance (in shares) at Jun. 28, 2026     80,789,825 55,519,437 80,789,825 55,519,437        
Ending balance at Jun. 28, 2026 $ (398,225)       $ 13 $ 6 $ (493,676) $ 444,103 $ (348,958) $ 287