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Earnings Per Share (Tables)

6 Months Ended

Dec. 27, 2015

Earnings Per Share [Abstract]

Basic Earnings Per Share Computation

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

	Three Months Ended								Six Months Ended
	December 27, 2015				December 28, 2014				December 27, 2015				December 28, 2014
Net income (loss)		$13,958				$12,151				($9,665	)			$23,281
Weighted average common shares	102,391				115,264				102,932				117,435
Basic earnings (loss) per share		$0.14				$0.11				($0.09	)			$0.20

Diluted Earnings Per Share Computation

The following computation reconciles the differences between the basic and diluted earnings (loss) per share presentations (in thousands, except per share amounts):

	Three Months Ended								Six Months Ended
	December 27, 2015				December 28, 2014				December 27, 2015				December 28, 2014
Net income (loss)		$13,958				$12,151				($9,665	)			$23,281
Weighted average common shares - basic	102,391				115,264				102,932				117,435
Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights	130				581				—				1,164
Weighted average common shares - diluted	102,521				115,845				102,932				118,599
Diluted earnings (loss) per share		$0.14				$0.10				($0.09	)			$0.20

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Tabular disclosure of the effect of income (loss) on basic earnings per share.

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