XML 52 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share
12 Months Ended
Jun. 24, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Loss Per Share
The following table presents the computation of basic loss per share (in thousands, except per share amounts):
 
Fiscal Years Ended
 
June 24,
2018
 
June 25,
2017
 
June 26,
2016
Basic:



Net loss

($279,968
)
 

($98,118
)
 

($21,536
)
Weighted average common shares
99,530

 
98,487

 
101,783

Basic loss per share

($2.81
)
 

($1.00
)
 

($0.21
)

The following computation reconciles the differences between the basic and diluted loss per share presentations (in thousands, except per share amounts): 
 
Fiscal Years Ended
 
June 24,
2018
 
June 25,
2017
 
June 26,
2016
Diluted:
 
 
 
 
 
Net loss

($279,968
)
 

($98,118
)
 

($21,536
)
Weighted average common shares - basic
99,530

 
98,487

 
101,783

Weighted average common shares - diluted
99,530

 
98,487

 
101,783

Diluted loss per share

($2.81
)
 

($1.00
)
 

($0.21
)

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 per share. For the fiscal years ended June 24, 2018June 25, 2017 and June 26, 2016, there were 4.1 million, 11.4 million and 11.4 million, respectively, of potential common shares not included in the calculation of diluted loss per share because their effect was anti-dilutive.