NET INCOME PER SHARE (Tables)

3 Months Ended

Sep. 29, 2019

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
	September 29, 2019		September 23, 2018
	(in thousands, except per share data)
Numerator:
Net income	$	465,789	$	533,360
Denominator:
Basic average shares outstanding	144,673		155,658
Effect of potential dilutive securities:
Employee stock plans	1,190		1,539
Convertible notes	4,819		6,075
Warrants	—		2,055
Diluted average shares outstanding	150,682		165,327
Net income per share - basic	$	3.22	$	3.43
Net income per share - diluted	$	3.09	$	3.23

Schedule of Potentially Dilutive Securities Excluded from EPS Calculations

The following potentially dilutive securities were excluded:

	Three Months Ended
	September 29, 2019	September 23, 2018
	(in thousands)
Options and RSUs	155	87