XML 17 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 24, 2022
Jun. 25, 2021
Jun. 26, 2020
Income Statement [Abstract]      
Revenues $ 2,262,224 $ 1,879,350 $ 1,641,836
Cost of revenues (1,983,630) (1,657,987) (1,455,731)
Gross profit 278,594 221,363 186,105
Selling, general and administrative expenses (73,941) (70,567) (68,374)
Expenses related to reduction in workforce (135) (43) (329)
Operating income 204,518 150,753 117,402
Interest income 2,205 3,783 7,592
Interest expense (432) (1,100) (3,044)
Foreign exchange gain (loss), net 2,302 508 (3,797)
Other income (expense), net (1,627) (3,460) 1,089
Income before income taxes 206,966 150,484 119,242
Income tax expense (6,586) (2,143) (5,763)
Net income 200,380 148,341 113,479
Other comprehensive income (loss), net of tax:      
Change in net unrealized gain (loss) on available-for-sale securities (6,326) (1,182) 538
Change in net unrealized gain (loss) on derivative instruments (578) (5,106) 570
Change in retirement benefit plan – prior service cost 622 584 528
Change in foreign currency translation adjustment (245) 585 (397)
Total other comprehensive income (loss), net of tax (6,527) (5,119) 1,239
Net comprehensive income $ 193,853 $ 143,222 $ 114,718
Earnings per share      
Basic earnings per share (in USD per share) $ 5.43 $ 4.02 $ 3.07
Diluted earnings per share (in USD per share) $ 5.36 $ 3.95 $ 3.01
Weighted average number of ordinary shares outstanding (thousands of shares)      
Weighted average number of ordinary shares outstanding, basic (in shares) 36,876 36,872 36,908
Weighted average number of ordinary shares outstanding, diluted (in shares) 37,394 37,555 37,665