v3.22.4
Net Income Per Share (Tables)
 6 Months Ended
Dec. 24, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share

The computation of basic and diluted net income per share was as follows (in millions, except per share data):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December

 

 

December

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

22.0

 

 

$

69.5

 

 

$

86.6

 

 

$

109.7

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Shares, basic

 

 

39.8

 

 

 

39.4

 

 

 

39.8

 

 

 

38.5

 

Effect of dilutive share-based awards and convertible notes

 

 

0.4

 

 

 

1.3

 

 

 

0.7

 

 

 

2.2

 

Shares, diluted

 

 

40.2

 

 

 

40.7

 

 

 

40.5

 

 

 

40.7

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.55

 

 

$

1.76

 

 

$

2.18

 

 

$

2.85

 

Diluted

 

$

0.55

 

 

$

1.71

 

 

$

2.14

 

 

$

2.70