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Earnings per share
 3 Months Ended
Oct. 03, 2015
Earnings per share  
Earnings per share

10. Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First Quarters Ended

 

 

 

October 3,

 

September 27,

 

 

 

2015

 

2014

 

 

 

(Thousands, except per share data)

 

Numerator:

 

  

 

   

 

 

 

Net income

 

$ 
130,254

 

$
127,946

 

Denominator:

 

 

 

 

 

 

 

Weighted average common shares for basic earnings per share

 

 
133,783

 

 
138,309

 

Net effect of dilutive stock options, restricted stock units and performance share units

 

 
2,543

 

 
2,541

 

Weighted average common shares for diluted earnings per share

 

 
136,326

 

 
140,850

 

Basic earnings per share

 

$
0.97

 

$
0.93

 

Diluted earnings per share

 

$
0.96

 

$
0.91

 

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

 

 
422

 

 

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