Second Quarters Ended

Six Months Ended

December 28,

December 30,

December 28,

December 30,

2024

2023

2024

2023

(Thousands, except per share data)

Numerator:

Net income

$

87,253

$

117,931

$

146,209

$

327,199

Denominator:

Weighted average common shares for basic earnings per share

86,846

90,253

87,469

90,874

Net effect of dilutive stock-based compensation awards

1,481

1,539

1,390

1,611

Weighted average common shares for diluted earnings per share

88,327

91,792

88,859

92,485

Basic earnings per share

$

1.00

$

1.31

$

1.67

$

3.60

Diluted earnings per share

$

0.99

$

1.28

$

1.65

$

3.54

Stock options excluded from earnings per share calculation due to an anti-dilutive effect

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