Earnings per ordinary share

9 Months Ended

Mar. 29, 2024

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 calculating the effect of potential dilutive ordinary shares outstanding during the period using the treasury stock method. Dilutive ordinary equivalent shares consist of restricted share units and performance share units.

Earnings per ordinary share was calculated as follows:


	Three Months Ended				Nine Months Ended
(in thousands, except per share data)	March 29, 2024		March 31, 2023		March 29, 2024		March 31, 2023
Net income attributable to shareholders	$	80,916	$	59,355	$	215,115	$	187,127
Weighted-average number of ordinary shares outstanding	36,250		36,608		36,278		36,575
Incremental shares arising from the assumed vesting of restricted share units and performance share units	353		381		296		320
Weighted-average number of ordinary shares for diluted earnings per ordinary share	36,603		36,989		36,574		36,895
Basic earnings per ordinary share	$	2.23	$	1.62	$	5.93	$	5.12
Diluted earnings per ordinary share	$	2.21	$	1.60	$	5.88	$	5.07