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Earnings Per Share | 12 Months Ended
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Jun. 30, 2013
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 amounts):
| Fiscal Years Ended
| June 30, 2013 |  | June 24, 2012 |  | June 26, 2011
Basic: |  |  |
Net income |  | $86,925 |  |  |  | $44,412 |  |  |  | $146,500 |
Weighted average common shares | 116,621 |  |  | 114,693 |  |  | 108,522 |
Basic earnings per share |  | $0.75 |  |  |  | $0.39 |  |  |  | $1.35 |
The following computation reconciles the differences between the basic and diluted earnings per share presentations (in thousands, except per share amounts):
| Fiscal Years Ended
| June 30, 2013 |  | June 24, 2012 |  | June 26, 2011
Diluted: |  |  |  |  |
Net income |  | $86,925 |  |  |  | $44,412 |  |  |  | $146,500 |
Weighted average common shares - basic | 116,621 |  |  | 114,693 |  |  | 108,522 |
Dilutive effect of stock options, nonvested shares and ESPP purchase rights | 1,358 |  |  | 532 |  |  | 1,513 |
Weighted average common shares - diluted | 117,979 |  |  | 115,225 |  |  | 110,035 |
Diluted earnings per share |  | $0.74 |  |  |  | $0.39 |  |  |  | $1.33 |
Potential common shares that would have the effect of increasing diluted earnings per share are considered to be anti-dilutive and as such, these shares are not included in calculating diluted earnings per share. For the fiscal years ended June 30, 2013, June 24, 2012 and June 26, 2011, there were 2.4 million, 7.0 million and 2.0 million, respectively, of potential common shares not included in the calculation of diluted earnings per share because their effect was anti-dilutive.

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