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Earnings Per Share
9 Months Ended
Mar. 31, 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 data):
 
Three Months Ended
 
Nine Months Ended
 
March 31,
2013
 
March 25,
2012
 
March 31,
2013
 
March 25,
2012
Basic:
 
 
 
 
 
Net income
$
22,157

 
$
9,489

 
$
58,683

 
$
34,386

Weighted average common shares - basic
116,682

 
115,641

 
116,059

 
114,348

Basic earnings per share
$
0.19

 
$
0.08

 
$
0.51

 
$
0.30


The following computation reconciles the differences between the basic and diluted earnings per share presentations (in thousands, except per share data): 
 
Three Months Ended
 
Nine Months Ended
 
March 31,
2013
 
March 25,
2012
 
March 31,
2013
 
March 25,
2012
Diluted:
 
 
 
 
 
 
 
Net income
$
22,157

 
$
9,489

 
$
58,683

 
$
34,386

Weighted average common shares - basic
116,682

 
115,641

 
116,059

 
114,348

Dilutive effect of stock options, unvested shares and ESPP purchase rights
1,926

 
433

 
709

 
531

Weighted average common shares - diluted
118,608

 
116,074

 
116,768

 
114,879

Diluted earnings per share
$
0.19

 
$
0.08

 
$
0.50

 
$
0.30


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 and nine months ended March 31, 2013, there were 2.2 million and 8.7 million, respectively, of potential common shares not included in the calculation of diluted earnings per share because their effect was antidilutive. For the three and nine months ended March 25, 2012, there were 7.9 million and 6.8 million, respectively, of potential common shares not included in the calculation of diluted earnings per share because their effect was antidilutive.