NET INCOME PER SHARE (Tables)

6 Months Ended

Dec. 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				Six Months Ended
	December 29, 2019		December 23, 2018		December 29, 2019		December 23, 2018
	(in thousands, except per share data)
Numerator:
Net income	$	514,510	$	568,855	$	980,299	$	1,102,215
Denominator:
Basic average shares outstanding	143,987		155,022		144,330		155,340
Effect of potential dilutive securities:
Employee stock plans	1,528		1,435		1,359		1,487
Convertible notes	4,582		5,713		4,700		5,894
Warrants	—		—		—		1,028
Diluted average shares outstanding	150,097		162,170		150,389		163,749
Net income per share - basic	$	3.57	$	3.67	$	6.79	$	7.10
Net income per share - diluted	$	3.43	$	3.51	$	6.52	$	6.73

Schedule of Potentially Dilutive Securities Excluded from EPS Calculations

The following potentially dilutive securities were excluded:

	Three Months Ended		Six Months Ended
	December 29, 2019	December 23, 2018	December 29, 2019	December 23, 2018
	(in thousands)
Options and RSUs	3	227	4	890