Earnings Per Share

The following tables present 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)
	December 29, 2018		December 30, 2017
Net income (loss)	$	1,589	$	(224	)
Weighted average shares outstanding—basic	10,760		10,760
Effect of dilutive common stock awards	121		—
Weighted average shares outstanding—diluted	10,881		10,760
Net income (loss) per share—basic	$	0.15	$	(0.02	)
Net income (loss) per share—diluted	$	0.15	$	(0.02	)
Antidilutive SARs not included in diluted earnings per share	1,035		1,105



	Six Months Ended
	(in thousands, except per share information)
	December 29, 2018		December 30, 2017
Net income	$	3,182	$	208
Weighted average shares outstanding—basic	10,760		10,760
Effect of dilutive common stock awards	226		—
Weighted average shares outstanding—diluted	10,986		10,760
Net income per share—basic	$	0.30	$	0.02
Net income per share—diluted	$	0.29	$	0.02
Antidilutive SARs not included in diluted earnings per share	793		1,105