Earnings Per Share (Tables)

6 Months Ended

Dec. 28, 2014

Earnings Per Share [Abstract]

Basic Earnings Per Share Computation

The following table presents the computation of basic earnings per share (in thousands, except per share amounts):

	Three Months Ended				Six Months Ended
	December 28, 2014		December 29, 2013		December 28, 2014		December 29, 2013
Net income		$12,151		$35,681		$23,281		$66,178
Weighted average common shares	115,264		120,932		117,435		120,248
Basic earnings per share		$0.11		$0.30		$0.20		$0.55

Diluted Earnings Per Share Computation

The following computation reconciles the differences between the basic and diluted earnings per share presentations (in thousands, except per share amounts):

	Three Months Ended				Six Months Ended
	December 28, 2014		December 29, 2013		December 28, 2014		December 29, 2013
Net income		$12,151		$35,681		$23,281		$66,178
Weighted average common shares - basic	115,264		120,932		117,435		120,248
Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights	581		2,272		1,164		2,573
Weighted average common shares - diluted	115,845		123,204		118,599		122,821
Diluted earnings per share		$0.10		$0.29		$0.20		$0.54