NET INCOME PER SHARE

3 Months Ended

Sep. 29, 2018

Basic net income per share is computed using only the weighted-average number of shares of common stock outstanding for the applicable period, while diluted net income per share is computed assuming conversion of all potentially dilutive securities, such as stock options and unvested restricted stock units and awards during such period.

The following table presents the calculation of basic and diluted net income per share:



	Three Months Ended
	September 29, 2018		September 30, 2017
	(Thousands, except per share amounts)
Net income	$	10,229	$	26,489

Weighted-average shares - Basic	171,046		168,137
Effect of dilutive potential common shares from:
Stock options and stock appreciation rights	314		504
Restricted stock units and awards	1,767		2,208
Weighted-average shares - Diluted	173,127		170,849

Basic net income per share	$	0.06	$	0.16
Diluted net income per share	$	0.06	$	0.16

For the three months ended September 29, 2018 and September 30, 2017, we excluded 0.2 million and 0.6 million, respectively, underlying outstanding stock options, stock appreciation rights and unvested restricted stock awards from the calculation of diluted net income per share because their effect would have been anti-dilutive.