XML 44 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Jul. 01, 2017
Earnings Per Share [Abstract]  
Reconciliation of Denominator and Number of Antidilutive Common Share Awards not Included in Diluted Earnings Per Share Calculation
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:
 
 
Fiscal Year Ended
(in thousands, except per share information)
 
July 1, 2017
 
July 2, 2016
 
June 27, 2015
Net income
$
5,617

 
$
6,533

 
$
4,304

Weighted average shares outstanding– basic
10,756

 
10,710

 
10,572

Effect of dilutive common stock awards
161

 
568

 
714

Weighted average shares outstanding – diluted
10,917

 
11,278

 
11,286

Earnings per share – basic
$
0.52

 
$
0.61

 
$
0.41

Earnings per share – diluted
$
0.51

 
$
0.58

 
$
0.38

Antidilutive SARs not included in diluted earnings per share
892

 
442

 
208