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Net Income per Share (Tables) | 12 Months Ended
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Jun. 28, 2020
Earnings Per Share [Abstract] |
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, 2020 |  | June 30, 2019 |  | June 24, 2018 |
| (in thousands, except per share data) |
Numerator: |  |  |  |  |  |
Net income | $ | 2,251,753 |  |  | $ | 2,191,430 |  |  | $ | 2,380,681 |  |
Denominator: |  |  |  |  |  |
Basic average shares outstanding | 144,814 |  |  | 152,478 |  |  | 161,643 |  |
Effect of potential dilutive securities: |  |  |  |  |  |
Employee stock plans | 1,236 |  |  | 1,323 |  |  | 2,312 |  |
Convertible notes | 3,040 |  |  | 5,610 |  |  | 12,258 |  | (1)
Warrants | — |  |  | 504 |  |  | 4,569 |  |
Diluted average shares outstanding | 149,090 |  |  | 159,915 |  |  | 180,782 |  |
Net income per share - basic | $ | 15.55 |  |  | $ | 14.37 |  |  | $ | 14.73 |  |
Net income per share - diluted | $ | 15.10 |  |  | $ | 13.70 |  |  | $ | 13.17 |  |
(1) Diluted shares outstanding do not include any effect resulting from note hedges associated with the Company’s 2018 Notes as their impact would have been anti-dilutive.
Schedule of Potentially Dilutive Securities Excluded from EPS Calculations | The following potentially dilutive securities were excluded:
| Year Ended
June 28, 2020 |  | June 30, 2019 |  | June 24, 2018
| (in thousands)
Options and RSUs | 206 |  |  | 578 |  |  | 34 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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