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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Jun. 30, 2012
Reconciliation of Denominator and Number of Antidilutive Common Share Awards not Included in Diluted Earnings Per Share Calculation | equivalents in the denominator. The following table presents a reconciliation of the denominator and the number of antidilutive common share awards that were not included in the diluted earnings per share calculation. These antidilutive securities occur when equity awards outstanding have an option price greater than the average market price for the period:
|  | Years Ended |
|  | (in thousands, except per share information) |
|  | June 30, 2012 |  |  | July 2, 2011 |  |  | July 3, 2010 |
Net income |  | $ | 11,626 |  |  | $ | 5,736 |  |  | $ | 8,690 |
Weighted average shares – basic |  |  | 10,447 |  |  |  | 10,344 |  |  |  | 10,124 |
Effect of dilutive common stock options |  |  | 162 |  |  |  | 63 |  |  |  | 67 |
Weighted average shares – diluted |  |  | 10,609 |  |  |  | 10,407 |  |  |  | 10,191 |
Earnings per share – basic |  | $ | 1.11 |  |  | $ | 0.55 |  |  | $ | 0.86 |
Earnings per share – diluted |  | $ | 1.10 |  |  | $ | 0.55 |  |  | $ | 0.85 |
Antidilutive options not included in diluted earnings per share |  |  | — |  |  |  | 541 |  |  |  | 113 |

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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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