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Net (Loss) Income Per Share
 9 Months Ended
Mar. 29, 2015
Earnings Per Share [Abstract]  
Net (Loss) Income Per Share
Net Loss Per Share
Net loss per share was computed by dividing net loss by the weighted average number of common shares outstanding for the three and nine months ended March 29, 2015 and March 30, 2014:
 
Three Months Ended
 
Nine Months Ended
 
March 29, 2015
 
March 30, 2014
 
March 29, 2015

March 30, 2014
 
(in thousands, except per share data)
Net loss
(59,065
)
 
(7,199
)
 
(55,462
)
 
(14,867
)
Shares used in computing basic and diluted loss per share
71,977

 
80,883

 
71,492

 
86,403

Basic and diluted net loss per share
$
(0.82
)
 
$
(0.09
)
 
$
(0.78
)
 
$
(0.17
)
Antidilutive options and unvested stock excluded from the computations
3,218

 
4,665

 
4,084

 
5,353

Average market price of common stock
$
6.91

 
$
7.35

 
$
5.90

 
$
7.52



The antidilutive stock options and unvested stock were excluded from the computation of diluted net loss per share due to the assumed proceeds from the award's exercise or vesting being greater than the average market price of the common shares or due to the Company incurring net losses for the periods presented.
As the principal amount of the Convertible Senior Notes (Note 8) will be settled in cash upon conversion, only the conversion spread relating to the Convertible Senior Notes will be included in the calculation of diluted net income per common share. As such, the Convertible Senior Notes will have no impact on diluted net income per common share until the price of the Company's common stock exceeds the conversion price (initially $10.30, subject to adjustments) of the Convertible Senior Notes. When the market price of the Company's stock exceeds the conversion price, the effect of the additional shares that may be issued upon conversion of the Convertible Senior Notes will be included in the diluted net income per common share calculation. During the three and nine month period ended March 29, 2015, there were no anti-dilutive shares resulting from the Convertible Senior Notes as the price of the Company's common stock did not exceed the conversion price.