v3.26.1
Earnings Per Common Share (Tables)
12 Months Ended
Jun. 27, 2026
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerators and Denominators for Basic and Diluted Earnings Per Common Share Computations

A reconciliation of the numerators and denominators for the basic and diluted earnings per common share computations is as follows:

(In millions, except per share amounts)

 

Fiscal Year Ended
June 27, 2026

 

 

Fiscal Year Ended
June 28, 2025

 

 

Fiscal Year Ended June 29, 2024

 

Numerator:

 

 

 

 

 

 

 

 

Net income

 

$

359.3

 

 

$

340.2

 

 

$

435.9

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

155.9

 

 

 

154.8

 

 

 

154.4

 

Dilutive effect of potential common shares

 

 

1.1

 

 

 

1.6

 

 

 

1.6

 

Weighted-average dilutive common shares outstanding

 

 

157.0

 

 

 

156.4

 

 

 

156.0

 

Basic earnings per common share

 

$

2.30

 

 

$

2.20

 

 

$

2.82

 

Diluted earnings per common share

 

$

2.29

 

 

$

2.18

 

 

$

2.79