EARNINGS PER SHARE (Tables)

12 Months Ended

Jun. 30, 2012

Reconciliation of Denominator and Number of Antidilutive Common Share Awards not Included in Diluted Earnings Per Share Calculation

equivalents in the denominator. 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:

	Years Ended
	(in thousands, except per share information)
	June 30, 2012		July 2, 2011		July 3, 2010
Net income	$	11,626	$	5,736	$	8,690
Weighted average shares – basic		10,447		10,344		10,124
Effect of dilutive common stock options		162		63		67
Weighted average shares – diluted		10,609		10,407		10,191
Earnings per share – basic	$	1.11	$	0.55	$	0.86
Earnings per share – diluted	$	1.10	$	0.55	$	0.85
Antidilutive options not included in diluted earnings per share		—		541		113