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Earnings Per Share | 9 Months Ended
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Mar. 30, 2014
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table presents the computation of basic earnings per share (in thousands, except per share amounts):
| Three Months Ended |  | Nine Months Ended
| March 30, 2014 |  | March 31, 2013 |  | March 30, 2014 |  | March 31, 2013
Net income |  | $28,164 |  |  |  | $22,157 |  |  |  | $94,342 |  |  |  | $58,683 |
Weighted average common shares | 121,535 |  |  | 116,682 |  |  | 120,677 |  |  | 116,059 |
Basic earnings per share | $0.23 |  |  |  | $0.19 |  |  | $0.78 |  |  |  | $0.51 |
The following computation reconciles the differences between the basic and diluted earnings per share presentations (in thousands, except per share amounts):
| Three Months Ended |  | Nine Months Ended
| March 30, 2014 |  | March 31, 2013 |  | March 30, 2014 |  | March 31, 2013
Net income |  | $28,164 |  |  |  | $22,157 |  |  |  | $94,342 |  |  |  | $58,683 |
Weighted average common shares - basic | 121,535 |  |  | 116,682 |  |  | 120,677 |  |  | 116,059 |
Dilutive effect of stock options, nonvested shares and ESPP purchase rights | 2,160 |  |  | 1,926 |  |  | 2,463 |  |  | 709 |
Weighted average common shares - diluted | 123,695 |  |  | 118,608 |  |  | 123,140 |  |  | 116,768 |
Diluted earnings per share | $0.23 |  |  |  | $0.19 |  |  | $0.77 |  |  |  | $0.50 |
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 three and nine months ended March 30, 2014, there were 3.1 million and 2.4 million, respectively, of potential common shares not included in the calculation of diluted earnings per share because their effect was anti-dilutive. For the three and nine months 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 anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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