Earnings per share

3 Months Ended

Sep. 30, 2023

Earnings per share

Earnings per share

11. Earnings per share

	First Quarters Ended
	September 30,		October 1,
	2023		2022
	(Thousands, except per share data)
Numerator:
Net income	$	209,268	$	184,261
Denominator:
Weighted average common shares for basic earnings per share		91,495		94,051
Net effect of dilutive stock-based compensation awards		1,683		1,585
Weighted average common shares for diluted earnings per share		93,178		95,636
Basic earnings per share	$	2.29	$	1.96
Diluted earnings per share	$	2.25	$	1.93
Stock options excluded from earnings per share calculation due to an anti-dilutive effect		122		146