XML 35 R22.htm IDEA: XBRL DOCUMENT v3.6.0.2
Earnings (Loss) Per Share (Tables)
 6 Months Ended
Jan. 01, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share, Basic and Diluted
Information on earnings (loss) per share is as follows (in thousands, except per share data):
 
 
Three Months Ended
 
Six Months Ended
 
 
January 1,
2017
 
December 27,
2015
 
January 1,
2017
 
December 27,
2015
Net Income (Loss)
 
$
15,251

 
$
12,560

 
$
1,103

 
$
(5,611
)
Less: Allocation to Participating Securities
 
(332
)
 
(255
)
 
(225
)
 
(217
)
Net Income (Loss) Available to Common Shareholders
 
$
14,919

 
$
12,305

 
$
878

 
$
(5,828
)
Average Shares of Common Stock Outstanding
 
42,081

 
43,374

 
42,287

 
43,426

Diluted Average Shares Outstanding
 
42,142

 
43,470

 
42,337

 
43,426

Basic Earnings (Loss) Per Share
 
$
0.35

 
$
0.28

 
$
0.02

 
$
(0.13
)
Diluted Earnings (Loss) Per Share
 
$
0.35

 
$
0.28

 
$
0.02

 
$
(0.13
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following options to purchase shares of common stock were excluded from the calculation of diluted earnings (loss) per share as the exercise prices were greater than the average market price of the common shares:
 
 
Three Months Ended
 
Six Months Ended
 
 
January 1,
2017
 
December 27,
2015
 
January 1,
2017
 
December 27,
2015
Options to Purchase Shares of Common Stock (in thousands)
 
408

 
1,365

 
408

 
408

Weighted Average Exercise Price of Options Excluded
 
$
20.82

 
$
19.43

 
$
20.82

 
$
20.82