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Earnings Per Common Share
9 Months Ended
Mar. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Common Share

Note 5 – Earnings Per Common Share

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 30,
2017
     March 24,
2016
     March 30,
2017
     March 24,
2016
 

Weighted average number of shares outstanding – basic

     11,347,920        11,255,894        11,306,251        11,223,268  

Effect of dilutive securities:

     

Stock options and restricted stock units

     76,878        88,731        86,652        99,195  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average number of shares outstanding – diluted

     11,424,798        11,344,625        11,392,903        11,322,463  
  

 

 

    

 

 

    

 

 

    

 

 

 

Anti-dilutive awards excluded from the computation of diluted earnings per share were insignificant for all periods presented.