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Earnings Per Share (Tables)
6 Months Ended
Dec. 28, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share:
 
Three Months Ended
 
Six Months Ended
 
December 28, 2019
 
December 29, 2018
 
December 28,
2019
 
December 29,
2018
 
(in thousands, except per share data)
Numerator for basic earnings per share and diluted earnings per share
 
 
 
 
 
 
 
Net income
$
146,050

 
$
131,892

 
$
286,206

 
$
329,315

 
 
 
 
 
 
 
 
Denominator for basic earnings per share
270,330

 
276,252

 
270,859

 
277,144

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options, ESPP, RSUs, and MSUs
2,939

 
3,756

 
3,025

 
4,270

Denominator for diluted earnings per share
273,269

 
280,008

 
273,884

 
281,414

 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
Basic
$
0.54

 
$
0.48

 
$
1.06

 
$
1.19

Diluted
$
0.53

 
$
0.47

 
$
1.04

 
$
1.17