Earnings per ordinary share

12 Months Ended

Jun. 28, 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 year using the treasury stock method. Dilutive ordinary equivalent shares consist of share options, restricted share units and performance share units.

Earnings per ordinary share was calculated as follows:


	Years Ended
(in thousands, except per share data)	June 28, 2024		June 30, 2023		June 24, 2022
Net income attributable to shareholders	$	296,181	$	247,913	$	200,380
Weighted-average number of ordinary shares outstanding	36,246		36,515		36,876
Incremental shares arising from the assumed exercise of share options and vesting of restricted share units and performance share units	318		340		518
Weighted-average number of ordinary shares for diluted earnings per ordinary share	36,564		36,855		37,394
Basic earnings per ordinary share	$	8.17	$	6.79	$	5.43
Diluted earnings per ordinary share	$	8.10	$	6.73	$	5.36