v2.4.0.8
Net Income Per Share (Tables)
12 Months Ended
Jun. 28, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share

The computation of basic and diluted net income per share for fiscal 2014, 2013, and 2012 was as follows (in thousands, except per share amounts):

 

     2014      2013      2012  

Numerator:

        

Net income

   $ 46,689       $ 98,933       $ 54,144   
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Shares, basic

     34,761         32,658         33,030   

Effect of dilutive share-based awards

     2,344         1,581         1,405   
  

 

 

    

 

 

    

 

 

 

Shares, diluted

     37,105         34,239         34,435   
  

 

 

    

 

 

    

 

 

 

Net income per share:

        

Basic

   $ 1.34       $ 3.03       $ 1.64   
  

 

 

    

 

 

    

 

 

 

Diluted

   $ 1.26       $ 2.89       $ 1.57   
  

 

 

    

 

 

    

 

 

 
Share-Based Awards, not Included in Calculation of Diluted Net Income Per Share

Diluted net income per share does not include the effect of potential common shares related to certain share-based awards for fiscal 2014, 2013, and 2012 as follows (in thousands):

 

     2014      2013      2012  

Share-based awards

     236         1,742         3,841