Earnings per share (Tables)

3 Months Ended

Sep. 28, 2024

Earnings Per Share [Abstract]

Basic and diluted earnings per share calculation

	First Quarters Ended
	September 28,		September 30,
	2024		2023
	(Thousands, except per share data)
Numerator:
Net income	$	58,956	$	209,268
Denominator:
Weighted average common shares for basic earnings per share		88,092		91,495
Net effect of dilutive stock-based compensation awards		1,300		1,683
Weighted average common shares for diluted earnings per share		89,392		93,178
Basic earnings per share	$	0.67	$	2.29
Diluted earnings per share	$	0.66	$	2.25
Stock options excluded from earnings per share calculation due to an anti-dilutive effect		—		122