XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2016
Sep. 25, 2015
Income Statement [Abstract]    
Gross revenue $ 180,851 $ 135,459
Less subcontractor costs and other direct reimbursable charges 56,546 35,296
Net service revenue 124,305 100,163
Interest income from contractual arrangements 34 15
Insurance recoverables and other income 637 742
Operating costs and expenses:    
Cost of services (exclusive of costs shown separately below) 103,676 82,984
General and administrative expenses 10,839 7,121
Acquisition and integration expenses 0 878
Depreciation 1,788 1,424
Amortization 2,716 840
Total operating costs and expenses 119,019 93,247
Operating income 5,957 7,673
Interest income 278 0
Interest expense (845) (28)
Income from operations before taxes 5,390 7,645
Income tax provision (1,731) (3,157)
Net income 3,659 4,488
Net (income) loss applicable to noncontrolling interest (20) 4
Net income applicable to TRC Companies, Inc. $ 3,639 $ 4,492
Basic earnings per common share (in dollars per share) $ 0.12 $ 0.15
Diluted earnings per common share (in dollars per share) $ 0.12 $ 0.14
Weighted-average common shares outstanding:    
Basic (shares) 31,149 30,635
Diluted (shares) 31,601 31,318