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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 30, 2012
Mar. 25, 2011
Mar. 30, 2012
Mar. 25, 2011
Gross revenue $ 101,118 $ 76,071 $ 310,231 $ 239,180
Less subcontractor costs and other direct reimbursable charges 25,983 18,323 87,745 63,519
Net service revenue 75,135 57,748 222,486 175,661
Interest income from contractual arrangements 56 95 229 308
Insurance recoverables and other income 554 392 1,292 3,302
Operating costs and expenses:        
Cost of services (exclusive of costs shown seperately below) 62,910 48,912 184,245 147,201
General and administrative expenses 8,087 6,713 22,482 19,563
Provision for doubtful accounts 0 449 365 1,622
Depreciation and amortization 1,231 1,025 4,027 3,486
Arena Towers litigation expense (reversal) 0 0 (11,061) 0
Total operating costs and expenses 72,228 57,099 200,058 171,872
Operating income 3,517 1,136 23,949 7,399
Interest expense (228) (173) (584) (588)
Income from operations before taxes and equity in earnings 3,289 963 23,365 6,811
Federal and state income tax benefit (provision) 571 (16) 4,075 (702)
Income from operations before equity in earnings 3,860 947 27,440 6,109
Equity in earnings from unconsolidated affiliates, net of taxes 0 0 270 10
Net income 3,860 947 27,710 6,119
Net loss applicable to noncontrolling interest 21 5 70 39
Net income applicable to TRC Companies, Inc. 3,881 952 27,780 6,158
Accretion charges on preferred stock 0 0 0 (7,261)
Net income (loss) applicable to TRC Companies, Inc.'s common shareholders $ 3,881 $ 952 $ 27,780 $ (1,103)
Basic earnings (loss) per common share $ 0.14 $ 0.04 $ 1 $ (0.05)
Diluted earnings (loss) per common share $ 0.13 $ 0.03 $ 0.97 $ (0.05)
Weighted-average common shares outstanding:        
Basic 27,887 27,190 27,733 22,957
Diluted 28,943 27,921 28,619 22,957