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Earnings Per Share | 12 Months Ended
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Jun. 28, 2015
Earnings Per Share [Abstract] |
Earnings Per Share | (Loss) Earnings Per Share The following presents the computation of basic (loss) earnings per share (in thousands, except per share amounts):
| Fiscal Years Ended
| June 28, 2015 |  | June 29, 2014 |  | June 30, 2013
Basic: |  |  |
Net (loss) income |  | ($64,051 | ) |  |  | $124,191 |  |  |  | $86,925 |
Weighted average common shares | 113,022 |  |  | 120,623 |  |  | 116,621 |
Basic (loss) earnings per share |  | ($0.57 | ) |  |  | $1.03 |  |  |  | $0.75 |
The following computation reconciles the differences between the basic and diluted (loss) earnings per share presentations (in thousands, except per share amounts):
| Fiscal Years Ended
| June 28, 2015 |  | June 29, 2014 |  | June 30, 2013
Diluted: |  |  |  |  |
Net (loss) income |  | ($64,051 | ) |  |  | $124,191 |  |  |  | $86,925 |
Weighted average common shares - basic | 113,022 |  |  | 120,623 |  |  | 116,621 |
Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights | — |  |  | 2,291 |  |  | 1,358 |
Weighted average common shares - diluted | 113,022 |  |  | 122,914 |  |  | 117,979 |
Diluted (loss) earnings per share |  | ($0.57 | ) |  |  | $1.01 |  |  |  | $0.74 |
Potential common shares that would have the effect of increasing diluted (loss) earnings per share are considered to be anti-dilutive and as such, these shares are not included in calculating diluted (loss) earnings per share. For the fiscal years ended June 28, 2015, June 29, 2014 and June 30, 2013, there were 7.0 million, 2.6 million and 2.4 million, respectively, of potential common shares not included in the calculation of diluted (loss) earnings per share because their effect was anti-dilutive.

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