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Earnings per ordinary share
6 Months Ended
Dec. 25, 2015
Earnings per ordinary share
3. Earnings per ordinary share

Basic earnings per ordinary share is computed by dividing reported net income by the weighted-average number of ordinary shares outstanding during each period. Diluted earnings per ordinary share is computed by dividing reported net income by the weighted-average number of ordinary shares and dilutive ordinary equivalent shares outstanding during each period. Dilutive ordinary equivalent shares consist of share options and restricted share units. The earnings per ordinary share was calculated as follows:

 

     Three Months Ended      Six Months Ended  
(amount in thousands except per share amounts)    December 25,
2015
     December 26,
2014
     December 25,
2015
     December 26,
2014
 

Net income attributable to shareholders

   $ 19,803       $ 8,726       $ 21,406       $ 19,762   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average number of ordinary shares outstanding (thousands of shares)

     35,812         35,349         35,695         35,289   

Incremental shares arising from the assumed exercise of share options and vesting of restricted share units (thousands of shares)

     1,014         568         875         463   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average number of ordinary shares for diluted earnings per ordinary share (thousands of shares)

     36,826         35,917         36,570         35,752   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per ordinary share

   $ 0.55       $ 0.25       $ 0.60       $ 0.56   

Diluted earnings per ordinary share

   $ 0.54       $ 0.24       $ 0.59       $ 0.55   

Outstanding share options excluded in the computation of diluted earnings per ordinary share (1)

     31,244         71,580         31,244         71,580   

 

(1)  These share options were not included in the computation of diluted earnings per ordinary share because the exercise price of the options was greater than the average market price of the underlying shares.