EARNINGS PER SHARE

9 Months Ended

Mar. 31, 2018

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)
	March 31, 2018		April 1, 2017
Net income	$	644	$	961
Weighted average shares outstanding—basic	10,760		10,759
Effect of dilutive common stock awards	—		198
Weighted average shares outstanding—diluted	10,760		10,957
Net income per share—basic	$	0.06	$	0.09
Net income per share—diluted	$	0.06	$	0.09
Antidilutive SARs not included in diluted earnings per share	1,075		892



	Nine Months Ended
	(in thousands, except per share information)
	March 31, 2018		April 1, 2017
Net income	$	852	$	4,281
Weighted average shares outstanding—basic	10,760		10,755
Effect of dilutive common stock awards	—		161
Weighted average shares outstanding—diluted	10,760		10,916
Net income per share—basic	$	0.08	$	0.40
Net income per share—diluted	$	0.08	$	0.39
Antidilutive SARs not included in diluted earnings per share	1,075		892