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Earnings Per Common Share

6 Months Ended

Dec. 26, 2019

Earnings Per Share [Abstract]

Earnings Per Common Share

Note 7 – 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 26, 2019				December 27, 2018				December 26, 2019				December 27, 2018
Weighted average number of shares outstanding – basic			11,458,524				11,425,566				11,451,542				11,415,787
Effect of dilutive securities:
Stock options and restricted stock units			66,863				53,865				80,640				69,894
Weighted average number of shares outstanding – diluted			11,525,387				11,479,431				11,532,182				11,485,681

There were no anti-dilutive awards excluded from the computation of diluted earnings per share for any periods presented.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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