Earnings Per Share (Tables)

9 Months Ended

Mar. 29, 2015

The following table presents the computation of basic earnings per share (in thousands, except per share amounts):



	Three Months Ended				Nine Months Ended
	March 29, 2015		March 30, 2014		March 29, 2015		March 30, 2014
Net income		$651		$28,164		$23,932		$94,342
Weighted average common shares	110,662		121,535		115,177		120,677
Basic earnings per share		$0.01		$0.23		$0.21		$0.78

Diluted Earnings Per Share Computation

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 29, 2015		March 30, 2014		March 29, 2015		March 30, 2014
Net income		$651		$28,164		$23,932		$94,342
Weighted average common shares - basic	110,662		121,535		115,177		120,677
Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights	928		2,160		1,127		2,463
Weighted average common shares - diluted	111,590		123,695		116,304		123,140
Diluted earnings per share		$0.01		$0.23		$0.21		$0.77

- Definition

Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share.

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