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Earnings per share | 12 Months Ended
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Jun. 27, 2020
Earnings per share |
Earnings per share | 14. Earnings per share ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended
​ |  | June 27, |  | June 29, |  | June 30,
​ | ​ | 2020 | ​ | 2019 | ​ | 2018
​ | ​ | (Thousands, except per share data)
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income (loss) from continuing operations | ​ | $ | (29,533) | ​ | $ | 180,111 | ​ | $ | (142,889)
Loss from discontinued operations, net of tax | ​ | ​ | (1,548) | ​ | ​ | (3,774) | ​ | ​ | (13,535)
Net (loss) income | ​ | $ | (31,081) | ​ | $ | 176,337 | ​ | $ | (156,424)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares for basic earnings per share | ​ |  | 100,474 | ​ |  | 109,820 | ​ |  | 119,909
Net effect of dilutive stock based compensation awards | ​ |  | — | ​ |  | 978 | ​ |  | —
Weighted average common shares for diluted earnings per share | ​ |  | 100,474 | ​ |  | 110,798 | ​ |  | 119,909
Basic (loss) earnings per share - continuing operations | ​ | $ | (0.29) | ​ | $ | 1.64 | ​ | $ | (1.19)
Basic loss per share - discontinued operations | ​ | ​ | (0.02) | ​ | ​ | (0.03) | ​ | ​ | (0.11)
Basic (loss) earnings per share | ​ | $ | (0.31) | ​ | $ | 1.61 | ​ | $ | (1.30)
Diluted (loss) earnings per share - continuing operations | ​ | $ | (0.29) | ​ | $ | 1.63 | ​ | $ | (1.19)
Diluted loss per share - discontinued operations | ​ | ​ | (0.02) | ​ | ​ | (0.04) | ​ | ​ | (0.11)
Diluted (loss) earnings per share | ​ | $ | (0.31) | ​ | $ | 1.59 | ​ | $ | (1.30)
Stock options excluded from earnings per share calculation due to anti-dilutive effect | ​ | ​ | 1,431 | ​ | ​ | 410 | ​ | ​ | 1,495
​ For the fiscal years ended June 27, 2020, and June 30, 2018, the diluted net loss per share is the same as the basic net loss per share as the effect of all potential common shares would be anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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