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Earnings Per Common Share (Tables)
 6 Months Ended
Dec. 28, 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)

 

Three Months Ended
December 28, 2024

 

 

Three Months Ended
December 30, 2023

 

 

Six Months Ended
December 28, 2024

 

 

Six Months Ended
December 30, 2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

42.4

 

 

$

78.3

 

 

$

150.4

 

 

$

199.0

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

154.6

 

 

 

154.2

 

 

 

154.6

 

 

 

154.5

 

Dilutive effect of potential common shares

 

 

1.7

 

 

 

1.5

 

 

 

1.7

 

 

 

1.7

 

Weighted-average dilutive common shares outstanding

 

 

156.3

 

 

 

155.7

 

 

 

156.3

 

 

 

156.2

 

Basic earnings per common share

 

$

0.27

 

 

$

0.51

 

 

$

0.97

 

 

$

1.29

 

Diluted earnings per common share

 

$

0.27

 

 

$

0.50

 

 

$

0.96

 

 

$

1.27