v3.26.1
Net loss per common share
12 Months Ended
Jun. 28, 2026
Earnings Per Share [Abstract]  
Net loss per common share Net loss per common share
The following table sets forth the computation of basic and diluted net loss:
Years Ended
June 28, 2026June 29, 2025June 30, 2024
(in thousands, except per share data)
Numerator:
Net loss$(134,765)$(199,993)$(6,105)
Denominator:
Weighted average shares outstanding63,912 63,807 64,586 
Adjusted weighted-average shares and assumed conversions63,912 63,807 64,586 
Net loss per common share:
Basic$(2.11)$(3.13)$(0.09)
Diluted$(2.11)$(3.13)$(0.09)
Due to our net loss for the fiscal years ended June 28, 2026, June 29, 2025, and June 30, 2024, all common stock equivalents including stock options and unvested restricted stock awards have been excluded from the computation of diluted net loss per share because the effect would have been anti-dilutive to the computation. See Note 14 - Stock based compensation for further information on outstanding stock options and non-vested restricted stock.