Earnings Per Common Share (Tables)

12 Months Ended

Jun. 29, 2024

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)	Fiscal Year Ended June 29, 2024	Fiscal Year Ended July 1, 2023	Fiscal Year Ended July 2, 2022
Numerator:
Net income	$435.9	$397.2	$112.5
Denominator:
Weighted-average common shares outstanding	154.4	154.2	149.8
Dilutive effect of potential common shares	1.6	1.9	1.5
Weighted-average dilutive shares outstanding	156.0	156.1	151.3
Basic earnings per common share	$2.82	$2.58	$0.75
Diluted earnings per common share	$2.79	$2.54	$0.74