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Earnings Per Common Share

6 Months Ended

Dec. 28, 2017

Earnings Per Share [Abstract]

Earnings Per Common Share

Note 6 – 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 Twenty-six Weeks Ended
		December 28, 2017				December 29, 2016				December 28, 2017				December 29, 2016
Weighted average number of shares outstanding – basic			11,375,512				11,304,617				11,363,409				11,285,417
Effect of dilutive securities:
Stock options and restricted stock units			50,786				69,200				70,824				91,539
Weighted average number of shares outstanding – diluted			11,426,298				11,373,817				11,434,233				11,376,956

There were no anti-dilutive awards excluded from the computation of diluted earnings per share for the current quarter and twenty-six week periods presented.

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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
-URI http://asc.fasb.org/topic&trid=2144383

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