Net Income Per Share (Tables)

12 Months Ended

Jun. 29, 2014

Schedule of Numerators and Denominators of Basic and Diluted Computations for Net Income Per Share

The following table reconciles the numerators and denominators of the basic and diluted computations for net income per share.

	Year Ended
	June 29, 2014		June 30, 2013		June 24, 2012
	(in thousands, except per share data)
Numerator:
Net income	$	632,289	$	113,879	$	168,723
Denominator:
Basic average shares outstanding		164,741		168,932		124,176
Effect of potential dilutive securities:
Employee stock plans		2,864		2,558		910
Convertible notes		6,898		1,940		147
Diluted average shares outstanding		174,503		173,430		125,233
Net income per share - basic	$	3.84	$	0.67	$	1.36
Net income per share - diluted	$	3.62	$	0.66	$	1.35

Schedule of Potentially Dilutive Securities Excluded from EPS Calculations

The following potentially dilutive securities were excluded:

	Year Ended
	June 29, 2014		June 30, 2013		June 24, 2012
	(in thousands)
Number of options and RSUs excluded		78		534		382