Net Income per Share (Tables)

12 Months Ended

Jun. 26, 2022

Earnings Per Share [Abstract]

Reconciliation of Inputs to Basic and Diluted Computations of Net Income Per Share

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

	Year Ended
	June 26, 2022		June 27, 2021		June 28, 2020
	(in thousands, except per share data)
Numerator:
Net income	$	4,605,286	$	3,908,458	$	2,251,753
Denominator:
Basic average shares outstanding	139,899		143,609		144,814
Effect of potential dilutive securities:
Employee stock plans	729		1,168		1,236
Convertible notes	—		543		3,040
Diluted average shares outstanding	140,628		145,320		149,090
Net income per share - basic	$	32.92	$	27.22	$	15.55
Net income per share - diluted	$	32.75	$	26.90	$	15.10