Earnings Per Share

9 Months Ended

Mar. 26, 2016

Earnings Per Share, Basic [Abstract]

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:



	13-Week Period Ended				39-Week Period Ended
	Mar. 26, 2016		Mar. 28, 2015		Mar. 26, 2016		Mar. 28, 2015
	(In thousands, except for share and per share data)				(In thousands, except for share and per share data)
Numerator:
Net earnings	$	217,136	$	176,955	$	733,955	$	613,747
Denominator:
Weighted-average basic shares outstanding	566,487,516		594,030,427		576,651,249		591,009,787
Dilutive effect of share-based awards	4,327,282		4,890,643		4,329,616		5,037,221
Weighted-average diluted shares outstanding	570,814,798		598,921,070		580,980,865		596,047,008
Basic earnings per share	$	0.38	$	0.30	$	1.27	$	1.04
Diluted earnings per share	$	0.38	$	0.30	$	1.26	$	1.03

The number of options that were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive was approximately 3,100,000 and 2,600,000 for the third quarter of fiscal 2016 and fiscal 2015, respectively. The number of options that were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive was approximately 4,300,000 and 1,700,000 for the first 39 weeks of 2016 and 2015, respectively.