Second Quarters Ended

Six Months Ended

December 28,

December 29,

December 28,

December 29,

2019

2018

2019

2018

(Thousands, except per share data)

Numerator:

Income from continuing operations

$

5,216

$

36,775

$

46,968

$

120,304

Loss from discontinued operations, net of tax

(1,548)

(374)

(1,548)

(179)

Net income

$

3,668

$

36,401

$

45,420

$

120,125

Denominator:

Weighted average common shares for basic earnings per share

100,431

110,332

101,781

112,796

Net effect of dilutive stock based compensation awards

871

1,130

1,058

1,171

Weighted average common shares for diluted earnings per share

101,302

111,462

102,839

113,967

Basic earnings per share - continuing operations

$

0.05

$

0.33

$

0.46

$

1.07

Basic loss per share - discontinued operations

(0.01)

(0.00)

(0.01)

Basic earnings per share

$

0.04

$

0.33

$

0.45

$

1.06

Diluted earnings per share - continuing operations

$

0.05

$

0.33

$

0.45

$

1.06

Diluted loss per share - discontinued operations

(0.01)

(0.00)

(0.01)

Diluted earnings per share

$

0.04

$

0.33

$

0.44

$

1.05

Stock options excluded from earnings per share calculation due to anti-dilutive effect

581

1,404

500

1,205