Earnings per share

6 Months Ended

Dec. 30, 2023

Earnings per share

Earnings per share

11. Earnings per share

	Second Quarters Ended				Six Months Ended
	December 30,		December 31,		December 30,		December 31,
	2023		2022		2023		2022
	(Thousands, except per share data)
Numerator:
Net income	$	117,931	$	243,886	$	327,199	$	428,147
Denominator:
Weighted average common shares for basic earnings per share		90,253		91,192		90,874		92,621
Net effect of dilutive stock-based compensation awards		1,539		1,563		1,611		1,574
Weighted average common shares for diluted earnings per share		91,792		92,755		92,485		94,195
Basic earnings per share	$	1.31	$	2.67	$	3.60	$	4.62
Diluted earnings per share	$	1.28	$	2.63	$	3.54	$	4.55
Stock options excluded from earnings per share calculation due to an anti-dilutive effect		122		174		122		174