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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Total
Stockholders' Equity Attributable to Parent, Beginning Balance at Jul. 02, 2022 $ 95,702 $ 1,656,907 $ 2,921,399 $ (481,248) $ 4,192,760
Shares issued Beginning Balance at Jul. 02, 2022 95,702,000        
Net income     184,261   184,261
Other comprehensive income (loss)       (191,797) (191,797)
Cash dividends     (26,998)   (26,998)
Repurchases of common stock $ (3,445)   (144,457)   (147,902)
Repurchase of common stock (in shares) (3,445,000)        
Stock-based compensation $ 72 8,939     9,011
Stock-based compensation (in shares) 72,000        
Shares issued Ending Balance at Oct. 01, 2022 92,329,000        
Stockholders' Equity Attributable to Parent, Ending Balance at Oct. 01, 2022 $ 92,329 1,665,846 2,934,205 (673,045) 4,019,335
Stockholders' Equity Attributable to Parent, Beginning Balance at Jul. 02, 2022 $ 95,702 1,656,907 2,921,399 (481,248) 4,192,760
Shares issued Beginning Balance at Jul. 02, 2022 95,702,000        
Net income         615,572
Other comprehensive income (loss)         96,850
Shares issued Ending Balance at Apr. 01, 2023 91,414,000        
Stockholders' Equity Attributable to Parent, Ending Balance at Apr. 01, 2023 $ 91,414 1,678,673 3,249,912 (384,398) 4,635,601
Stockholders' Equity Attributable to Parent, Beginning Balance at Oct. 01, 2022 $ 92,329 1,665,846 2,934,205 (673,045) 4,019,335
Shares issued Beginning Balance at Oct. 01, 2022 92,329,000        
Net income     243,886   243,886
Other comprehensive income (loss)       243,585 243,585
Cash dividends     (26,307)   (26,307)
Repurchases of common stock $ (1,629)   (62,795)   (64,424)
Repurchase of common stock (in shares) (1,629,000)        
Stock-based compensation $ 35 13,553     13,588
Stock-based compensation (in shares) 35,000        
Shares issued Ending Balance at Dec. 31, 2022 90,735,000        
Stockholders' Equity Attributable to Parent, Ending Balance at Dec. 31, 2022 $ 90,735 1,679,399 3,088,989 (429,460) 4,429,663
Net income     187,426   187,426
Other comprehensive income (loss)       45,062 45,062
Cash dividends     (26,503)   (26,503)
Stock-based compensation $ 679 (726)     (47)
Stock-based compensation (in shares) 679,000        
Shares issued Ending Balance at Apr. 01, 2023 91,414,000        
Stockholders' Equity Attributable to Parent, Ending Balance at Apr. 01, 2023 $ 91,414 1,678,673 3,249,912 (384,398) 4,635,601
Stockholders' Equity Attributable to Parent, Beginning Balance at Jul. 01, 2023 $ 91,504 1,691,334 3,378,212 (409,381) $ 4,751,669
Shares issued Beginning Balance at Jul. 01, 2023 91,504,000       91,504,053
Net income     209,268   $ 209,268
Other comprehensive income (loss)       (93,761) (93,761)
Cash dividends     (28,320)   (28,320)
Repurchases of common stock $ (559)   (26,484)   (27,043)
Repurchase of common stock (in shares) (559,000)        
Stock-based compensation $ 39 10,731     10,770
Stock-based compensation (in shares) 39,000        
Shares issued Ending Balance at Sep. 30, 2023 90,984,000        
Stockholders' Equity Attributable to Parent, Ending Balance at Sep. 30, 2023 $ 90,984 1,702,065 3,532,676 (503,142) 4,822,583
Stockholders' Equity Attributable to Parent, Beginning Balance at Jul. 01, 2023 $ 91,504 1,691,334 3,378,212 (409,381) $ 4,751,669
Shares issued Beginning Balance at Jul. 01, 2023 91,504,000       91,504,053
Net income         $ 416,033
Other comprehensive income (loss)         $ (26,676)
Shares issued Ending Balance at Mar. 30, 2024 90,395,000       90,395,434
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 30, 2024 $ 90,395 1,709,747 3,625,012 (436,057) $ 4,989,097
Stockholders' Equity Attributable to Parent, Beginning Balance at Sep. 30, 2023 $ 90,984 1,702,065 3,532,676 (503,142) 4,822,583
Shares issued Beginning Balance at Sep. 30, 2023 90,984,000        
Net income     117,931   117,931
Other comprehensive income (loss)       145,689 145,689
Cash dividends     (27,817)   (27,817)
Repurchases of common stock $ (1,255)   (58,595)   (59,850)
Repurchase of common stock (in shares) (1,255,000)        
Stock-based compensation $ 31 11,816     11,847
Stock-based compensation (in shares) 31,000        
Shares issued Ending Balance at Dec. 30, 2023 89,760,000        
Stockholders' Equity Attributable to Parent, Ending Balance at Dec. 30, 2023 $ 89,760 1,713,881 3,564,195 (357,453) 5,010,383
Net income     88,834   88,834
Other comprehensive income (loss)       (78,604) (78,604)
Cash dividends     (28,017)   (28,017)
Stock-based compensation $ 635 (4,134)     $ (3,499)
Stock-based compensation (in shares) 635,000        
Shares issued Ending Balance at Mar. 30, 2024 90,395,000       90,395,434
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 30, 2024 $ 90,395 $ 1,709,747 $ 3,625,012 $ (436,057) $ 4,989,097