Years Ended

June 27,

June 29,

June 30,

2020

2019

2018

(Thousands, except per share data)

Numerator:

Income (loss) from continuing operations

$

(29,533)

$

180,111

$

(142,889)

Loss from discontinued operations, net of tax

(1,548)

(3,774)

(13,535)

Net (loss) income

$

(31,081)

$

176,337

$

(156,424)

Denominator:

Weighted average common shares for basic earnings per share

100,474

109,820

119,909

Net effect of dilutive stock based compensation awards

—

978

—

Weighted average common shares for diluted earnings per share

100,474

110,798

119,909

Basic (loss) earnings per share - continuing operations

$

(0.29)

$

1.64

$

(1.19)

Basic loss per share - discontinued operations

(0.02)

(0.03)

(0.11)

Basic (loss) earnings per share

$

(0.31)

$

1.61

$

(1.30)

Diluted (loss) earnings per share - continuing operations

$

(0.29)

$

1.63

$

(1.19)

Diluted loss per share - discontinued operations

(0.02)

(0.04)

(0.11)

Diluted (loss) earnings per share

$

(0.31)

$

1.59

$

(1.30)

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

1,431

410

1,495