EARNINGS PER SHARE

9 Months Ended

Apr. 02, 2016

Earnings Per Share

The following tables present 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)
	April 2, 2016		March 28, 2015
Net income	$	1,783	$	1,861
Weighted average shares outstanding—basic	10,711		10,552
Effect of dilutive common stock awards	357		1,004
Weighted average shares outstanding—diluted	11,068		11,556
Net income per share—basic	$	0.17	$	0.18
Net income per share—diluted	$	0.16	$	0.16
Antidilutive SARs not included in diluted earnings per share	869		208



	Nine Months Ended
	(in thousands, except per share information)
	April 2, 2016		March 28, 2015
Net income	$	4,387	$	1,964
Weighted average shares outstanding—basic	10,709		10,551
Effect of dilutive common stock awards	589		906
Weighted average shares outstanding—diluted	11,298		11,457
Earnings per share—basic	$	0.41	$	0.19
Earnings per share—diluted	$	0.39	$	0.17
Antidilutive SARs not included in diluted earnings per share	456		208