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EARNINGS PER SHARE
9 Months Ended
Mar. 29, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
Earnings Per Share
The following table presents a reconciliation of the denominator in the basic and diluted EPS calculation 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.
 
Three Months Ended
 
(in thousands, except per share information)
 
March 29, 2014
 
March 30, 2013
Net income
$
1,414

 
$
2,863

Weighted average shares outstanding—basic
10,533

 
10,489

Effect of dilutive common stock options
393

 
442

Weighted average shares outstanding—diluted
10,926

 
10,931

Earnings per share—basic
$
0.13

 
$
0.27

Earnings per share—diluted
$
0.13

 
$
0.26

Antidilutive options not included in diluted earnings per share
208

 


 
Nine Months Ended
 
(in thousands, except per share information)
 
March 29, 2014
 
March 30, 2013
Net income
$
6,233

 
$
10,186

Weighted average shares outstanding—basic
10,523

 
10,488

Effect of dilutive common stock options
397

 
400

Weighted average shares outstanding—diluted
10,920

 
10,888

Earnings per share—basic
$
0.59

 
$
0.97

Earnings per share—diluted
$
0.57

 
$
0.94

Antidilutive options not included in diluted earnings per share
208