​

​

Years Ended

​

June 27,

  ​ ​ ​

June 28,

  ​ ​ ​

June 29,

​

​

2026

​

2025

​

2024

​

​

(Thousands, except per share data)

Numerator:

​

​

​

​

​

​

​

​

​

Net income

​

$

334,389

​

$

240,217

​

$

498,699

​

​

​

​

​

​

​

​

​

​

Denominator:

​

​

​

​

​

​

​

​

​

Weighted average common shares for basic earnings per share

​

82,158

​

86,266

​

90,567

Net effect of dilutive stock-based compensation awards

​

1,257

​

1,147

​

1,270

Net effect of dilutive convertible notes

​

​

—

​

​

—

​

​

—

Weighted average common shares for diluted earnings per share

​

83,415

​

87,413

​

91,837

Basic earnings per share

​

$

4.07

​

$

2.78

​

$

5.51

Diluted earnings per share

​

$

4.01

​

$

2.75

​

$

5.43

Stock options excluded from earnings per share calculation due to an anti-dilutive effect

​

​

—

​

​

—

​

​

79