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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. 28, 2014
Mar. 29, 2013
Mar. 28, 2014
Mar. 29, 2013
Gross revenue $ 120,836 $ 109,806 $ 350,002 $ 322,562
Less subcontractor costs and other direct reimbursable charges 32,755 26,762 89,538 89,048
Net service revenue 88,081 83,044 260,464 233,514
Interest income from contractual arrangements 73 58 26 186
Insurance recoverables and other income 5,008 1,068 17,613 3,725
Operating costs and expenses:        
Cost of services (exclusive of costs shown separately below) 80,127 70,446 234,914 198,696
General and administrative expenses 8,363 8,096 24,642 20,965
Provision for doubtful accounts 0 408 0 408
Depreciation and amortization 2,161 1,828 6,587 4,959
Total operating costs and expenses 90,651 80,778 266,143 225,028
Operating income 2,511 3,392 11,960 12,397
Interest expense (22) (78) (152) (270)
Income from operations before taxes 2,489 3,314 11,808 12,127
Federal and state income tax provision (1,060) (231) (4,830) (680)
Net income 1,429 3,083 6,978 11,447
Net loss applicable to noncontrolling interest 2 18 36 49
Net income applicable to TRC Companies, Inc. $ 1,431 $ 3,101 $ 7,014 $ 11,496
Basic earnings per common share (in dollars per share) $ 0.05 $ 0.11 $ 0.24 $ 0.40
Diluted earnings per common share (in dollars per share) $ 0.05 $ 0.10 $ 0.23 $ 0.39
Weighted-average common shares outstanding:        
Basic (shares) 29,691 28,998 29,549 28,778
Diluted (shares) 30,166 29,654 30,088 29,547