XML 54 R32.htm IDEA: XBRL DOCUMENT v3.2.0.727
Net Income Per Share (Tables)
 12 Months Ended
Jun. 28, 2015
Schedule of Numerators and Denominators of Basic and Diluted Computations for Net Income Per Share

The following table reconciles the numerators and denominators of the basic and diluted computations for net income per share.

 

     Year Ended  
      June 28,
2015		      June 29,
2014		      June 30,
2013		  
     (in thousands, except per share data)  

Numerator:

         

Net income

    $ 655,577       $ 632,289       $ 113,879   
  

 

 

     

 

 

     

 

 

  

Denominator:

         

Basic average shares outstanding

      159,629         164,741         168,932   

Effect of potential dilutive securities:

         

Employee stock plans

      3,193         2,864         2,558   

Convertible notes

      13,530         6,898         1,940   

Warrants

      715         —           —     
  

 

 

     

 

 

     

 

 

  

Diluted average shares outstanding

      177,067         174,503         173,430   
  

 

 

     

 

 

     

 

 

  

Net income per share - basic

    $ 4.11       $ 3.84       $ 0.67   
  

 

 

     

 

 

     

 

 

  

Net income per share - diluted

    $ 3.70       $ 3.62       $ 0.66   
  

 

 

     

 

 

     

 

 

  
Schedule of Potentially Dilutive Securities Excluded from EPS Calculations

The following potentially dilutive securities were excluded:

 

     Year Ended  
      June 28,
2015		      June 29,
2014		      June 30,
2013		  
     (in thousands)  

Number of options and RSUs excluded

      330         78         534