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EARNINGS PER SHARE
6 Months Ended
Dec. 27, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
Earnings Per Share
The following table presents a reconciliation of the denominator in the basic and diluted EPS calculation and the number of antidilutive common share awards that were not included in the diluted earnings per share calculation. These antidilutive securities occur when equity awards outstanding have an option price greater than the average market price for the period.
 
Three Months Ended
 
(in thousands, except per share information)
 
December 27, 2014
 
December 28, 2013
Net income
$
1,626

 
$
3,114

Weighted average shares outstanding—basic
10,552

 
10,530

Effect of dilutive common stock options
919

 
824

Weighted average shares outstanding—diluted
11,471

 
11,354

Net income per share—basic
$
0.15

 
$
0.30

Net income per share—diluted
$
0.14

 
$
0.27

Antidilutive options and SARs not included in diluted earnings per share
208

 
213


 
Six Months Ended
 
(in thousands, except per share information)
 
December 27, 2014
 
December 28, 2013
Net income
$
103

 
$
4,819

Weighted average shares outstanding—basic
10,550

 
10,519

Effect of dilutive common stock options
892

 
811

Weighted average shares outstanding—diluted
11,442

 
11,330

Earnings per share—basic
$
0.01

 
$
0.46

Earnings per share—diluted
$
0.01

 
$
0.43

Antidilutive options not included in diluted earnings per share
208

 
213