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Earnings Per Share | 9 Months Ended
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Mar. 26, 2017
Earnings Per Share [Abstract] |
Earnings Per Share | (Loss) Earnings Per Share The following table presents the computation of basic (loss) earnings per share (in thousands, except per share amounts):
| Three Months Ended |  | Nine Months Ended
| March 26, 2017 |  | March 27, 2016 |  | March 26, 2017 |  | March 27, 2016
Net (loss) income |  | ($99,013 | ) |  |  | $152 |  |  |  | ($92,230 | ) |  |  | ($10,895 | )
Weighted average common shares | 97,346 |  |  | 100,606 |  |  | 98,791 |  |  | 102,157 |
Basic (loss) earnings per share |  | ($1.02 | ) |  |  | $— |  |  |  | ($0.93 | ) |  |  | ($0.11 | )
The following computation reconciles the differences between the basic and diluted (loss) earnings per share presentations (in thousands, except per share amounts):
| Three Months Ended |  | Nine Months Ended
| March 26, 2017 |  | March 27, 2016 |  | March 26, 2017 |  | March 27, 2016
Net (loss) income |  | ($99,013 | ) |  |  | $152 |  |  |  | ($92,230 | ) |  |  | ($10,895 | )
Weighted average common shares - basic | 97,346 |  |  | 100,606 |  |  | 98,791 |  |  | 102,157 |
Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights | — |  |  | 615 |  |  | — |  |  | — |
Weighted average common shares - diluted | 97,346 |  |  | 101,221 |  |  | 98,791 |  |  | 102,157 |
Diluted (loss) earnings per share |  | ($1.02 | ) |  |  | $— |  |  |  | ($0.93 | ) |  |  | ($0.11 | )
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 and nine months ended March 26, 2017, there were 11.3 million and 11.5 million, respectively, of potential common shares not included in the calculation of diluted (loss) earnings per share because their effect was anti-dilutive. For the three and nine months ended March 27, 2016, there were 10.2 million and 11.5 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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