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Earnings Per Share
 12 Months Ended
Jun. 26, 2016
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 26,
2016
 
June 28,
2015
 
June 29,
2014
Basic:



Net (loss) income

($21,536
)
 

($64,692
)
 

$123,490

Weighted average common shares
101,783

 
113,022

 
120,623

Basic (loss) earnings per share

($0.21
)
 

($0.57
)
 

$1.02


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 26,
2016
 
June 28,
2015
 
June 29,
2014
Diluted:
 
 
 
 
 
Net (loss) income

($21,536
)
 

($64,692
)
 

$123,490

Weighted average common shares - basic
101,783

 
113,022

 
120,623

Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights
—

 
—

 
2,291

Weighted average common shares - diluted
101,783

 
113,022

 
122,914

Diluted (loss) earnings per share

($0.21
)
 

($0.57
)
 

$1.00


Potential common shares that would have the effect of increasing diluted earnings per share or decreasing diluted loss 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 26, 2016, June 28, 2015 and June 29, 2014, there were 11.4 million, 7.0 million and 2.6 million, respectively, of potential common shares not included in the calculation of diluted (loss) earnings per share because their effect was anti-dilutive.