XML 35 R21.htm IDEA: XBRL DOCUMENT v3.5.0.2
QUARTERLY FINANCIAL DATA
12 Months Ended
Jul. 02, 2016
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA
QUARTERLY FINANCIAL DATA (Unaudited)
 
Fiscal Year Ended July 2, 2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(in thousands, except per share amounts)
Net sales
$
126,209

 
$
116,403

 
$
118,448

 
$
123,905

Gross profit
8,919

 
9,110

 
9,955

 
10,841

Income before income taxes
1,247

 
1,882

 
2,137

 
2,885

Net income
817

 
1,787

 
1,783

 
2,146

Earnings per common share-basic
$
0.08

 
$
0.17

 
$
0.17

 
$
0.20

Earnings per common share-diluted
$
0.07

 
$
0.16

 
$
0.16

 
$
0.20

Weighted average shares outstanding
 
 
 
 
 
 
 
Basic
10,706

 
10,710

 
10,711

 
10,714

Diluted
11,391

 
11,418

 
11,068

 
10,966

 
 
 
 
 
 
 
 
 
Fiscal Year Ended June 27, 2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(in thousands, except per share amounts)
Net sales
$
86,342

 
$
114,311

 
$
112,915

 
$
120,429

Gross profit
4,238

 
9,239

 
9,436

 
10,392

(Loss) income before income taxes
(1,894
)
 
2,113

 
2,234

 
2,847

Net (loss) income
(1,523
)
 
1,626

 
1,861

 
2,340

(Loss) earnings per common share-basic
$
(0.14
)
 
$
0.15

 
$
0.18

 
$
0.22

(Loss) earnings per common share-diluted
$
(0.14
)
 
$
0.14

 
$
0.16

 
$
0.21

Weighted average shares outstanding
 
 
 
 
 
 
 
Basic
10,548

 
10,552

 
10,552

 
10,636

Diluted
10,548

 
11,471

 
11,556

 
11,414