Earnings per share

9 Months Ended

Mar. 28, 2015

Earnings per share

Earnings per share

10. Earnings per share

	Third Quarters Ended				Nine Months Ended
	March 28,		March 29,		March 28,		March 29,
	2015		2014		2015		2014
	(Thousands, except per share data)
Numerator:
Net income	$	121,529	$	113,851	$	413,180	$	359,339
Denominator:
Weighted average common shares for basic earnings per share		136,046		138,418		136,965		137,845
Net effect of dilutive stock options, restricted incentive shares and performance shares		1,675		1,761		2,216		2,170
Weighted average common shares for diluted earnings per share		137,721		140,179		139,181		140,015
Basic earnings per share	$	0.89	$	0.82	$	3.02	$	2.61
Diluted earnings per share	$	0.88	$	0.81	$	2.97	$	2.57
Stock options excluded from earnings per share calculation due to anti-dilutive effect		—		—		—		—