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 30, 2017			December 31, 2016
Net income (loss)	$	(224	)	$	1,528
Weighted average shares outstanding—basic	10,760			10,758
Effect of dilutive common stock awards	—			210
Weighted average shares outstanding—diluted	10,760			10,968
Net income (loss) per share—basic	$	(0.02	)	$	0.14
Net income (loss) per share—diluted	$	(0.02	)	$	0.14
Antidilutive SARs not included in diluted earnings per share	1,105			892



	Six Months Ended
	(in thousands, except per share information)
	December 30, 2017		December 31, 2016
Net income	$	208	$	3,320
Weighted average shares outstanding—basic	10,760		10,753
Effect of dilutive common stock awards	—		166
Weighted average shares outstanding—diluted	10,760		10,919
Net income per share—basic	$	0.02	$	0.31
Net income per share—diluted	$	0.02	$	0.30
Antidilutive SARs not included in diluted earnings per share	1,105		892