NET INCOME PER SHARE (Tables)

9 Months Ended

Mar. 27, 2022

Earnings Per Share [Abstract]

Schedule of Numerators and Denominators of Basic and Diluted Computations for Net Income Per Share

The following table reconciles the inputs to the basic and diluted computations for net income per share. 

	Three Months Ended				Nine Months Ended
	March 27, 2022		March 28, 2021		March 27, 2022		March 28, 2021
	(in thousands, except per share data)
Numerator:
Net income	$	1,021,778	$	1,071,121	$	3,396,352	$	2,763,801
Denominator:
Basic average shares outstanding	139,229		142,676		140,534		143,925
Effect of potential dilutive securities:
Employee stock plans	828		1,415		866		1,273
Convertible notes	—		518		—		725
Diluted average shares outstanding	140,057		144,609		141,400		145,923
Net income per share - basic	$	7.34	$	7.51	$	24.17	$	19.20
Net income per share - diluted	$	7.30	$	7.41	$	24.02	$	18.94