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Earnings Per Common Share (Tables)
3 Months Ended
Oct. 01, 2022
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerators and Denominators for Basic and Diluted Earnings Per Common Share Computations

A reconciliation of the numerators and denominators for the basic and diluted earnings per common share computations is as follows:

 

(In millions, except per share amounts)

 

Three Months Ended
October 1, 2022

 

 

Three Months Ended
October 2, 2021

 

Numerator:

 

 

 

 

 

 

Net income

 

$

95.7

 

 

$

4.7

 

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

153.8

 

 

 

139.7

 

Dilutive effect of potential common shares

 

 

1.8

 

 

 

1.5

 

Weighted-average dilutive common shares outstanding

 

 

155.6

 

 

 

141.2

 

Basic earnings per common share

 

$

0.62

 

 

$

0.03

 

Diluted earnings per common share

 

$

0.62

 

 

$

0.03