XML 38 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
NET INCOME PER SHARE (Tables)
9 Months Ended
Mar. 26, 2017
Earnings Per Share [Abstract]  
Schedule of Numerators and Denominators of Basic and Diluted Computations for Net Income Per Share
The following table reconciles the numerators and denominators of the basic and diluted computations for net income per share. 
 
Three Months Ended
 
Nine Months Ended
 
March 26,
2017
 
March 27,
2016
 
March 26,
2017
 
March 27,
2016
 
(in thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Net income
$
574,713

 
$
143,451

 
$
1,171,339

 
$
655,110

Denominator:
 
 

 
 
 
 
Basic average shares outstanding
163,408

 
159,039

 
162,225

 
158,605

Effect of potential dilutive securities:
 
 

 
 
 
 
Employee stock plans
2,107

 
2,046

 
2,164

 
2,208

Convertible notes
16,829

 
12,999

 
16,230

 
13,161

Warrants
2,750

 
289

 
2,266

 
355

Diluted average shares outstanding
185,094

 
174,373

 
182,885

 
174,329

Net income per share - basic
$
3.52

 
$
0.90

 
$
7.22

 
$
4.13

Net income per share - diluted
$
3.10

 
$
0.82

 
$
6.40

 
$
3.76

Schedule of Potentially Dilutive Securities Excluded from EPS Calculations
The following potentially dilutive securities were excluded:
 
Three Months Ended
 
Nine Months Ended
 
March 26,
2017
 
March 27,
2016
 
March 26,
2017
 
March 27,
2016
 
(in thousands)
Number of options and RSUs excluded
28

 
332

 
135

 
287