XML 35 R28.htm IDEA: XBRL DOCUMENT v3.24.0.1
Earnings Per Common Share (Tables)
 6 Months Ended
Dec. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerators and Denominators for Basic and Diluted Earnings Per Common Share Computations

A reconciliation of the numerators and denominators for the basic and diluted earnings per common share computations is as follows:

 

(In millions, except per share amounts)

 

Three Months Ended
December 30, 2023

 

 

Three Months Ended
December 31, 2022

 

 

Six Months Ended
December 30, 2023

 

 

Six Months Ended
December 31, 2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

78.3

 

 

$

71.1

 

 

$

199.0

 

 

$

166.8

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

154.2

 

 

 

154.1

 

 

 

154.5

 

 

 

153.9

 

Dilutive effect of potential common shares

 

 

1.5

 

 

 

2.0

 

 

 

1.7

 

 

 

2.0

 

Weighted-average dilutive shares outstanding

 

 

155.7

 

 

 

156.1

 

 

 

156.2

 

 

 

155.9

 

Basic earnings per common share

 

$

0.51

 

 

$

0.46

 

 

$

1.29

 

 

$

1.08

 

Diluted earnings per common share

 

$

0.50

 

 

$

0.46

 

 

$

1.27

 

 

$

1.07