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Earnings per share
3 Months Ended
Sep. 27, 2014
Earnings Per Share [Abstract]  
Earnings per share
Earnings per share
 
First Quarters Ended
 
September 27,
2014
 
September 28,
2013
 
(Thousands, except per share data)
Numerator:
 
 
 
Net income
$
127,946

 
$
120,624

Denominator:
 
 
 
Weighted average common shares for basic earnings per share
138,309

 
137,414

Net effect of dilutive stock option, restricted stock and performance share awards
2,541

 
2,310

Weighted average common shares for diluted earnings per share
140,850

 
139,724

 
 
 
 
Basic earnings per share
$
0.93

 
$
0.88

Diluted earnings per share
$
0.91

 
$
0.86

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

 
417,692