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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended
Sep. 30, 2011
Sep. 24, 2010
Gross revenue$ 103,735$ 78,818
Less subcontractor costs and other direct reimbursable charges30,28021,228
Net service revenue73,45557,590
Interest income from contractual arrangements7888
Insurance recoverables and other income220597
Operating costs and expenses:  
Cost of services (exclusive of costs shown seperately below)60,16246,574
General and administrative expenses7,5486,538
Provision for doubtful accounts365578
Depreciation and amortization1,3621,228
Arena Towers litigation reserve(11,224)0
Total operating costs and expenses58,21354,918
Operating income15,5403,357
Interest expense(181)(197)
Income from operations before taxes and equity in losses15,3593,160
Federal and state income tax benefit (provision)3,298(464)
Income from operations before equity in losses18,6572,696
Equity in losses from unconsolidated affiliates, net of taxes0(13)
Net income18,6572,683
Net loss applicable to noncontrolling interest3121
Net income applicable to TRC Companies, Inc.18,6882,704
Accretion charges on preferred stock0(3,799)
Net income (loss) applicable to TRC Companies, Inc.'s common shareholders$ 18,688$ (1,095)
Basic earnings (loss) per common share$ 0.68$ (0.06)
Diluted earnings (loss) per common share$ 0.66$ (0.06)
Weighted-average common shares outstanding:  
Basic27,47219,684
Diluted28,39219,684