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Earnings Per Common Share | 9 Months Ended
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Mar. 26, 2015
Earnings Per Share [Abstract] |
Earnings Per Common Share | Note 6 – Earnings Per Common Share Basic earnings per common share are calculated using the weighted average number of shares of Common Stock and Class A Common Stock outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue Common Stock (i) were exercised or converted into Common Stock or (ii) resulted in the issuance of Common Stock. The following table presents the reconciliation of the weighted average shares outstanding used in computing basic and diluted earnings per share:
|  | For the Quarter Ended |  |  | For the Thirty-nine Weeks Ended |
|  | March 26, 2015 |  |  | March 27, 2014 |  |  | March 26, 2015 |  |  | March 27, 2014 |
Weighted average number of shares outstanding – basic |  |  | 11,183,505 |  |  |  | 11,073,669 |  |  |  | 11,137,260 |  |  |  | 11,016,926 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Stock options and restricted stock units |  |  | 91,277 |  |  |  | 82,560 |  |  |  | 94,178 |  |  |  | 99,565 |
Weighted average number of shares outstanding – diluted |  |  | 11,274,782 |  |  |  | 11,156,229 |  |  |  | 11,231,438 |  |  |  | 11,116,491 |
The following table presents a summary of anti-dilutive awards excluded from the computation of diluted earnings per share:
|  | For the Quarter Ended |  |  | For the Thirty-nine Weeks Ended |
|  | March 26, 2015 |  |  | March 27, 2014 |  |  | March 26, 2015 |  |  | March 27, 2014 |
Weighted average number of anti-dilutive shares: |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 20,203 |
Weighted average exercise price: |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 25.36 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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