Shareholders' Equity

6 Months Ended

Dec. 25, 2016

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders’ Equity

As of December 25, 2016, pursuant to an approval by the Board of Directors, the Company is authorized to repurchase shares of its common stock having an aggregate purchase price not exceeding $300 million for all purchases from August 24, 2016 through the expiration of the program on June 25, 2017. During the six months ended December 25, 2016, the Company repurchased 4.2 million shares of common stock for $98.5 million under the stock repurchase program.