Earnings per share

3 Months Ended

Sep. 29, 2018

Earnings per share

Earnings per share

11. Earnings per share

	First Quarters Ended
	September 29,		September 30,
	2018		2017
	(Thousands, except per share data)
Numerator:
Income from continuing operations	$	83,529	$	58,182
Income from discontinued operations		195		121
Net income	$	83,724	$	58,303
Denominator:
Weighted average common shares for basic earnings per share		115,260		122,685
Net effect of dilutive stock based compensation awards		1,211		1,299
Weighted average common shares for diluted earnings per share		116,471		123,984
Basic earnings per share - continuing operations	$	0.73	$	0.48
Basic earnings per share - discontinued operations		0.00		0.00
Basic earnings per share	$	0.73	$	0.48
Diluted earnings per share - continuing operations	$	0.72	$	0.47
Diluted earnings per share - discontinued operations		0.00		0.00
Diluted earnings per share	$	0.72	$	0.47
Stock options excluded from earnings per share calculation due to anti-dilutive effect		1,113		2,033