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IMMATERIAL CORRECTION OF PRIOR PERIOD FINANCIAL STATEMENTS(Tables) | 12 Months Ended
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Jun. 28, 2017
Accounting Changes and Error Corrections [Abstract] |
Restatement to Prior Year Income | The revisions to our consolidated statements of comprehensive income for the years ended June 29, 2016 and June 24, 2015 are as follows (in thousands, except per share amounts):
|  | Fifty-Three Week Period Ended June 29, 2016 |  | Fifty-Two Week Period Ended June 24, 2015
|  | As Reported |  | As Revised |  | As Reported |  | As Revised
Income before provision for income taxes |  | $ | 286,387 |  |  | $ | 286,387 |  |  | $ | 284,277 |  |  | 284,277 |
Provision for income taxes |  | 85,642 |  |  | 85,767 |  |  | 87,583 |  |  | 89,618 |
Net income |  | $ | 200,745 |  |  | $ | 200,620 |  |  | $ | 196,694 |  |  | $ | 194,659 |
Basic net income per share |  | $ | 3.47 |  |  | $ | 3.47 |  |  | $ | 3.12 |  |  | $ | 3.09 |
Diluted net income per share |  | $ | 3.42 |  |  | $ | 3.42 |  |  | $ | 3.05 |  |  | $ | 3.02 |
Basic weighted average shares outstanding |  | 57,895 |  |  | 57,895 |  |  | 63,072 |  |  | 63,072 |
Diluted weighted average shares outstanding |  | 58,684 |  |  | 58,684 |  |  | 64,404 |  |  | 64,404 |
Other comprehensive loss: |  |  |  |  |  |  |  |
Foreign currency translation adjustment |  | $ | (2,964 | ) |  | $ | (2,964 | ) |  | $ | (7,690 | ) |  | $ | (7,690 | )
Other comprehensive loss |  | (2,964 | ) |  | (2,964 | ) |  | (7,690 | ) |  | (7,690 | )
Comprehensive income |  | $ | 197,781 |  |  | $ | 197,656 |  |  | $ | 189,004 |  |  | $ | 186,969 |
The revisions to our consolidated balance sheet as of June 29, 2016 were as follows (in thousands):
|  | June 29, 2016
|  | As Reported |  | As Revised
Accounts receivable, net |  | $ | 43,944 |  |  | $ | 45,612 |
Total current assets |  | 176,774 |  |  | 178,442 |
Deferred income taxes, net |  | 27,003 |  |  | 14,325 |
Total other assets (a) |  | 249,534 |  |  | 236,856 |
Total assets (a) |  | 1,469,460 |  |  | 1,458,450 |
Income taxes payable |  | 18,814 |  |  | 22,022 |
Total current liabilities |  | 432,443 |  |  | 435,651 |
Other liabilities |  | 139,423 |  |  | 137,682 |
Total shareholders’ deficit |  | (213,099 | ) |  | (225,576 | )
Total liabilities and shareholders’ deficit |  | $ | 1,469,460 |  |  | $ | 1,458,450 |
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(a) | During the first quarter of fiscal 2017, we adopted ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, on a retrospective basis. Accordingly, we reclassified the debt issuance cost balances associated with the 2.60% notes and 3.88% notes of $1.0 million and $2.2 million, respectively, from other assets to long-term debt, less current installments on the consolidated balance sheet as of June 29, 2016.

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22663-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22644-107794 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22658-107794 + Details
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