Summary of Significant Accounting Policies and New Accounting Pronouncements (Tables)

12 Months Ended

Jun. 30, 2016

Jun. 30, 2015

Accounting Policies [Abstract]

Property, Plant and Equipment

The Company provides for depreciation of property and equipment using the straight-line method over estimated useful lives of the assets as follows:

Asset Category	Estimated Useful Life
Building	30 years
Equipment, furniture and fixtures	3 - 10 years
Leasehold improvements and assets under capital leases	Lesser of the estimated useful life or the term of the lease

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computations of basic and diluted EPS for the indicated fiscal years ended June 30:

	2016		2015		2014
Net income applicable to TRC Companies, Inc.	$	41	$	19,415	$	12,051
Basic weighted-average common shares outstanding	30,936		30,291		29,594
Effect of dilutive stock options, RSA's, RSU's and PSU's	423		433		546
Diluted weighted-average common shares outstanding	31,359		30,724		30,140
Earnings per common share applicable to TRC Companies, Inc.'s common shareholders:
Basic earnings per common share	$	0.00	$	0.64	$	0.41
Diluted earnings per common share	$	0.00	$	0.63	$	0.40
Anti-dilutive stock options, RSA's, RSU's and PSU's, excluded from the calculation	1,463		1,610		2,004

Reclassification of prior period balances

The following table summarizes the impact of the new accounting standard described above on the Company's Consolidated Balance Sheet as of June 30, 2015:

	As Previously Reported		Impact of Deferred Tax ASU			As Retrospectively Reclassified
Deferred income tax assets	$	16,057	$	(16,057	)	$	—
Total current assets	250,360		(16,057		)	234,303
Long-term deferred income tax assets	2,867		16,057			18,924