XML 69 R24.htm IDEA: XBRL DOCUMENT v3.2.0.727
Net Income Per Share (Tables)
12 Months Ended
Jun. 27, 2015
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 2015, 2014, and 2013 was as follows (in millions, except per share amounts):

 

 

 

2015

 

 

2014

 

 

2013

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

110.4

 

 

$

46.7

 

 

$

98.9

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Shares, basic

 

 

36.9

 

 

 

34.8

 

 

 

32.7

 

Effect of dilutive share-based awards

 

 

2.0

 

 

 

2.3

 

 

 

1.5

 

Shares, diluted

 

 

38.9

 

 

 

37.1

 

 

 

34.2

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.99

 

 

$

1.34

 

 

$

3.03

 

Diluted

 

$

2.84

 

 

$

1.26

 

 

$

2.89

 

 

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 2015, 2014, and 2013 as follows (in millions):

 

 

 

2015

 

 

2014

 

 

2013

 

Share-based awards

 

 

0.3

 

 

 

0.2

 

 

 

1.7