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Net Income Per Share (Tables)
9 Months Ended
Mar. 27, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share

The computation of basic and diluted net income per share was as follows (in millions, except per share data):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March

 

 

March

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

13.8

 

 

$

5.0

 

 

$

60.6

 

 

$

28.8

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares, basic

 

 

35.0

 

 

 

34.0

 

 

 

34.7

 

 

 

33.5

 

Effect of dilutive share-based awards and convertible notes

 

 

4.1

 

 

 

1.0

 

 

 

2.8

 

 

 

1.0

 

Shares, diluted

 

 

39.1

 

 

 

35.0

 

 

 

37.5

 

 

 

34.5

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.39

 

 

$

0.15

 

 

$

1.75

 

 

$

0.86

 

Diluted

 

$

0.35

 

 

$

0.14

 

 

$

1.62

 

 

$

0.83