XML 56 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
 3 Months Ended
Sep. 23, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following presents the computation of basic earnings per share (in thousands, except per share data):
 
Three Months Ended
 
September 23,
2012
 
September 25,
2011
Basic:
 
Net income
$
16,123

 
$
12,819

Weighted average common shares
115,539

 
111,866

Basic earnings per share
$
0.14

 
$
0.11


The following computation reconciles the differences between the basic and diluted earnings per share presentations (in thousands, except per share data): 
 
Three Months Ended
 
September 23,
2012
 
September 25,
2011
Diluted:
 
 
 
Net income
$
16,123

 
$
12,819

Weighted average common shares - basic
115,539

 
111,866

Dilutive effect of stock options, unvested shares and ESPP purchase rights
421

 
677

Weighted average common shares - diluted
115,960

 
112,543

Diluted earnings per share
$
0.14

 
$
0.11


Potential common shares that would have the effect of increasing diluted earnings per share are considered to be antidilutive and as such, these shares are not included in calculating diluted earnings per share. For the three months ended September 23, 2012 and September 25, 2011, there were 8.4 million and 5.3 million, respectively, of potential common shares not included in the calculation of diluted earnings per share because their effect was antidilutive.