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

12 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The assumptions used to value stock options granted for fiscal year 2012 is as follows:

	2012
Risk-free interest rate	0.65% - 0.66%
Expected life	4.0 years
Expected volatility	80.8%
Expected dividend yield	N/A
Weighted-average fair value per share of options granted	$3.14

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:

	2014		2013		2012
Net income applicable to TRC Companies, Inc.	$	12,051	$	36,275	$	33,575
Basic weighted-average common shares outstanding	29,594		28,843		27,781
Effect of dilutive stock options, RSA's, RSU's and PSU's	546		758		1,041
Diluted weighted-average common shares outstanding	30,140		29,601		28,822
Earnings per common share applicable to TRC Companies, Inc.'s common shareholders:
Basic earnings per common share	$	0.41	$	1.26	$	1.21
Diluted earnings per common share	$	0.40	$	1.23	$	1.16
Anti-dilutive stock options, RSA's, RSU's and PSU's, excluded from the calculation	2,004		2,124		1,932