NET INCOME PER SHARE (Tables)

9 Months Ended

Mar. 29, 2015

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.

	Three Months Ended				Nine Months Ended
	March 29, 2015		March 30, 2014		March 29, 2015		March 30, 2014
	(in thousands, except per share data)
Numerator:
Net income	$	206,285	$	164,396	$	524,306	$	398,894
Denominator:
Basic average shares outstanding		158,992		162,238		159,975		161,904
Effect of potential dilutive securities:
Employee stock plans		3,058		2,641		3,307		2,810
Convertible notes		14,351		6,757		13,321		6,337
Warrants		1,130		—		628		—
Diluted average shares outstanding		177,531		171,636		177,231		171,051
Net income per share - basic	$	1.30	$	1.01	$	3.28	$	2.46
Net income per share - diluted	$	1.16	$	0.96	$	2.96	$	2.33

Schedule of Potentially Dilutive Securities Excluded from EPS Calculations

under the treasury stock method. The following potentially dilutive securities were excluded:

	Three Months Ended				Nine Months Ended
	March 29, 2015		March 30, 2014		March 29, 2015		March 30, 2014
	(in thousands)
Number of potential dilutive securities excluded		324		75		154		85