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Earnings Per Share
3 Months Ended
Sep. 25, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings (Loss) Per Share
The following table presents the computation of basic earnings (loss) per share (in thousands, except per share amounts):
 
Three Months Ended
 
 
September 25,
2016
 
September 27,
2015
 
Loss from continuing operations

($2,858
)
 

($25,736
)
 
Income from discontinued operations, net of tax
3,424

 
1,247

 
Net income (loss)

$566



($24,489
)
 
Weighted average common shares
100,559

 
103,473

 
Basic loss per share from continuing operations

($0.03
)
 

($0.25
)
 
Basic earnings per share from discontinued operations
0.03

 
0.01

 
Earnings (loss) per share-basic

$—

 

($0.24
)
 

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
 
 
September 25,
2016
 
September 27,
2015
 
Loss from continuing operations

($2,858
)
 

($25,736
)
 
Income from discontinued operations, net of tax
3,424

 
1,247

 
Net income (loss)

$566

 

($24,489
)
 
Weighted average common shares - basic
100,559

 
103,473

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

 

 
Weighted average common shares - diluted
100,559

 
103,473

 
Diluted earnings (loss) per share from continuing operations

($0.03
)
 

($0.25
)
 
Diluted earnings (loss) per share from discontinued operations
0.03

 
0.01

 
Earnings (loss) per share-diluted

$—

 

($0.24
)
 

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 earnings per share. For the three months ended September 25, 2016, there were 11.4 million of potential common shares not included in the calculation of diluted earnings (loss) per share because their effect was anti-dilutive. For the three months ended September 27, 2015, there were 7.7 million of potential common shares not included in the calculation of diluted earnings (loss) per share because their effect was anti-dilutive.