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Earnings Per Share (Tables) | 12 Months Ended
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Jun. 29, 2013
Earnings Per Share [Abstract] |
Basic earnings per share calculation | Basic earnings per share is computed based on the weighted average number of common shares outstanding and excludes any potential dilution. Diluted earnings per share reflect potential dilution from the exercise or conversion of securities into common stock.
| Years Ended
| June 29, 2013 |  | June 30, 2012 |  | July 2, 2011
| (Thousands, except per share data)
Numerator: |  |  |  |  |
Net income for basic and diluted earnings per share | $ | 450,073 |  |  | $ | 567,019 |  |  | $ | 669,069 |
Denominator: |  |  |  |  |
Weighted average common shares for basic earnings per share | 137,951 |  |  | 147,278 |  |  | 152,481 |
Net effect of dilutive stock options and performance share awards | 2,052 |  |  | 2,275 |  |  | 1,856 |
Weighted average common shares for diluted earnings per share | 140,003 |  |  | 149,553 |  |  | 154,337 |
Basic earnings per share | $ | 3.26 |  |  | $ | 3.85 |  |  | $ | 4.39 |
Diluted earnings per share | $ | 3.21 |  |  | $ | 3.79 |  |  | $ | 4.34 |

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- Definition Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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