Earnings per share (Tables)

3 Months Ended

Oct. 01, 2022

Earnings per share

Basic and diluted earnings per share calculation

	First Quarters Ended
	October 1,		October 2,
	2022		2021
	(Thousands, except per share data)
Numerator:
Net income	$	184,261	$	111,318
Denominator:
Weighted average common shares for basic earnings per share		94,051		99,647
Net effect of dilutive stock-based compensation awards		1,585		1,469
Weighted average common shares for diluted earnings per share		95,636		101,116
Basic earnings per share	$	1.96	$	1.12
Diluted earnings per share	$	1.93	$	1.10
Stock options excluded from earnings per share calculation due to an anti-dilutive effect		146		897