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Earnings Per Share (Tables)
9 Months Ended
Mar. 28, 2015
Earnings Per Share [Abstract]  
Computations of Basic and Diluted Earnings Per Share
The computations of our basic and diluted earnings per share are set forth below: 
 
Three Months Ended
 
Nine Months Ended
 
March 28,
2015
 
March 29,
2014
 
March 28,
2015
 
March 29,
2014
Net income from continuing operations
$
12,429

 
$
10,391

 
$
45,750

 
$
40,344

Less: Income allocable to participating securities
(235
)
 
(142
)
 
(771
)
 
(560
)
Net income from continuing operations available to common stockholders
$
12,194

 
$
10,249

 
$
44,979

 
$
39,784

Net loss from discontinued operations

 
(181
)
 

 
(8,393
)
Net income available to common stockholders
$
12,194

 
$
10,068

 
$
44,979

 
$
31,391

Basic earnings per share (shares in thousands):
 
 
 
 
 
 
 
Weighted average shares outstanding, basic
19,679

 
19,657

 
19,653

 
19,545

Basic earnings (loss) per common share:
 
 
 
 
 
 
 
From continuing operations
$
0.62

 
$
0.52

 
$
2.29

 
$
2.04

From discontinued operations
$

 
$
(0.01
)
 
$

 
$
(0.43
)
Basic earnings per share
$
0.62

 
$
0.51

 
$
2.29

 
$
1.61

Diluted earnings per share (shares in thousands):
 
 
 
 
 
 
 
Weighted average shares outstanding, basic
19,679

 
19,657

 
19,653

 
19,545

Weighted average effect of non-vested restricted stock grants and assumed exercise of stock options
395

 
339

 
384

 
379

Weighted average shares outstanding, diluted
20,074

 
19,996

 
20,037

 
19,924

Diluted earnings (loss) per common share:
 
 
 
 
 
 
 
From continuing operations
$
0.61

 
$
0.51

 
$
2.24

 
$
2.00

From discontinued operations
$

 
$
(0.01
)
 
$

 
$
(0.42
)
Diluted earnings per share
$
0.61

 
$
0.50

 
$
2.24

 
$
1.58


We excluded potential common shares related to certain of our outstanding equity compensation grants of 4,000 and 109,000 for the three months ended March 28, 2015 and March 29, 2014, respectively, and 80,000 and 128,000 for the nine months ended March 28, 2015 and March 29, 2014, respectively, from the computation of diluted earnings per share. Inclusion of these shares would have been anti-dilutive.