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Earnings per Share (EPS)
 6 Months Ended
Dec. 29, 2024
Earnings per Share (EPS) [Abstract]  
Earnings per Share (EPS)
Note E - Earnings per Share (EPS)
 
The following table shows the reconciliation of the numerator and denominator of the basic EPS calculation to the numerator and denominator of the diluted EPS calculation (in thousands, except per share amounts):
 
  
Three Months Ended
  
Six Months Ended
 
  
December 29, 2024 
  
December 24, 2023 
  
December 29, 2024 
  
December 24, 2023 
 
Net income available to common shareholders
 
$
607
  
$
553
  
$
1,133
  
$
939
 
                 
BASIC:
                
Weighted average common shares
  
14,690
   
14,444
   
14,638
   
14,299
 
                 
Net income per common share
 
$
0.04
  
$
0.04
  
$
0.08
  
$
0.07
 
                 
DILUTED:
                
Weighted average common shares
  
14,690
   
14,444
   
14,638
   
14,299
 
Dilutive stock options and restricted stock units
  
26
   
21
   
22
   
20
 
Weighted average common shares outstanding
  
14,716
   
14,465
   
14,660
   
14,319
 
                 
Net income per common share
 
$
0.04
  
$
0.04
  
$
0.08
  
$
0.07
 
 
For the three and six months ended December 29, 2024, exercisable options to purchase 74,286 shares of common stock at exercise prices from $3.95 to $13.11 were excluded from the computation of diluted EPS because they had an intrinsic value of zero. For the three and six months ended December 29, 2024, 142,328 and 247,328 RSUs were excluded from the computation of diluted EPS because performance criteria is not probable at period end, respectively.
 
For the three and six months ended December 24, 2023, exercisable options to purchase 103,086 shares of common stock at exercise prices from $3.95 to $13.11 were excluded from the computation of diluted EPS because they had an intrinsic value of zero. For the three and six months ended December 24, 2023, zero and 90,625 RSUs were excluded from the computation of diluted EPS because performance criteria is not probable at period end, respectively.