v3.26.3
EARNINGS PER SHARE AND COMMON STOCK
3 Months Ended
Oct. 04, 2026
Equity [Abstract]  
EARNINGS PER SHARE AND COMMON STOCK
13.
EARNINGS PER SHARE AND COMMON STOCK

The following table sets forth the computation of the Company’s net income (loss) per share:

 

 

 

Three Months Ended

 

 

 

October 4,

 

 

September 28,

 

 

 

2026

 

 

2025

 

Income from continuing operations

 

$

12,103

 

 

$

3,656

 

Loss from discontinued operations, net of tax

 

 

(3

)

 

 

(20

)

Net income

 

$

12,100

 

 

$

3,636

 

 

 

 

 

 

 

 

Weighted average shares — basic

 

 

24,279,593

 

 

 

16,177,634

 

Dilutive effect of assumed restricted share awards/units

 

 

36,658

 

 

 

77,763

 

Weighted average outstanding shares — diluted

 

 

24,316,251

 

 

 

16,255,397

 

Basic income (loss) per share

 

 

 

 

 

 

Continuing operations

 

$

0.50

 

 

$

0.23

 

Discontinued operations

 

 

—

 

 

 

(0.01

)

Net income

 

$

0.50

 

 

$

0.22

 

Diluted income (loss) per share

 

 

 

 

 

 

Continuing operations

 

$

0.50

 

 

$

0.22

 

Discontinued operations

 

 

—

 

 

 

—

 

Net income

 

$

0.50

 

 

$

0.22

 

 

For the three months ended October 4, 2026, and September 28, 2025, an immaterial number of shares were excluded from the computation of diluted earnings per share as the effect would have been anti-dilutive.

Share Repurchase Program

On July 24, 2023, the Board of the Company authorized a share repurchase program under which the Company may repurchase up to $50.0 million of its outstanding shares of common stock. During the three months ended October 4, 2026, and September 28, 2025, the Company repurchased 217,616 shares and 116,370 shares of common stock for $4.8 million and $2.3 million, respectively, in cash, excluding related fees and expenses. As of October 4, 2026, $18.7 million remained available under the program.