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Earnings per share (Tables)
12 Months Ended
Jun. 27, 2015
Earnings per share  
Basic and diluted earnings per share calculation

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended

 

    

June 27,

    

June 28,

    

June 29,

 

 

2015

 

2014

 

2013

 

 

(Thousands, except per share data)

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

571,913

 

$

545,604

 

$

450,073

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares for basic earnings per share

 

 

136,688

 

 

137,991

 

 

137,951

Net effect of dilutive stock options, restricted stock units and performance shares units

 

 

2,103

 

 

2,128

 

 

2,052

Weighted average common shares for diluted earnings per share

 

 

138,791

 

 

140,119

 

 

140,003

Basic earnings per share

 

$

4.18

 

$

3.95

 

$

3.26

Diluted earnings per share

 

$

4.12

 

$

3.89

 

$

3.21

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

 

 

 —

 

 

 —

 

 

565.8