Basic net income per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed using the treasury stock method, for dilutive stock options, restricted stock units, and convertible notes. The following table reconciles the inputs to the basic and diluted computations for net income per share.


	Three Months Ended				Six Months Ended
	December 25, 2022		December 26, 2021		December 25, 2022		December 26, 2021
	(in thousands, except per share data)
Numerator:
Net income	$	1,468,507	$	1,194,830	$	2,894,386	$	2,374,574
Denominator:
Basic average shares outstanding	136,018		140,630		136,455		141,187
Effect of potential dilutive securities:
Employee stock plans	321		900		319		884


Diluted average shares outstanding	136,339		141,530		136,774		142,071
Net income per share - basic	$	10.80	$	8.50	$	21.21	$	16.82
Net income per share - diluted	$	10.77	$	8.44	$	21.16	$	16.71

For purposes of computing diluted net income per share, weighted-average common shares do not include potentially dilutive securities that are anti-dilutive under the treasury stock method. The impact from potentially dilutive securities, including options and RSUs, was not material for the three and six months ended December 25, 2022 and December 26, 2021.