XML 39 R25.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Net Income Per Share (Tables) | 12 Months Ended
--- | ---
Jun. 25, 2022
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 2022, 2021, and 2020 was as follows (in millions, except per share amounts):
|  | 2022 |  |  | 2021 |  |  | 2020 |
Numerator: |  |  |  |  |  |  |  |  |
Net income |  | $ | 257.5 |  |  | $ | 79.6 |  |  | $ | 118.8 |
Denominator: |  |  |  |  |  |  |  |  |
Shares, basic |  |  | 39.0 |  |  |  | 34.8 |  |  |  | 33.6 |
Effect of dilutive share-based awards and convertible notes |  |  | 1.7 |  |  |  | 3.5 |  |  |  | 1.2 |
Shares, diluted |  |  | 40.7 |  |  |  | 38.3 |  |  |  | 34.8 |
Net income per share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 6.60 |  |  | $ | 2.29 |  |  | $ | 3.54 |
Diluted |  | $ | 6.33 |  |  | $ | 2.08 |  |  | $ | 3.41 |
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 2022, 2021, and 2020 as follows (in millions):
|  | 2022 |  |  | 2021 |  |  | 2020 |
Share-based awards |  |  | 0.1 |  |  |  | - |  |  |  | 0.7 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration