|
Consolidated Statements of Shareholders' Equity (In thousands)
| |
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| |
Accumulated |
| |
Additional |
|
Other |
| |
Common Stock |
Paid-In |
Retained |
Treasury |
Comprehensive |
Unearned |
 |
 |
| |
Shares |
Amount |
Capital |
Earnings |
Stock |
Income |
Compensation |
Total |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Balances at June 28, 2000 |
|
98,798 |
|
$ |
11,754 |
|
$ |
298,172 |
|
$ |
656,840 |
|
$ |
(201,531 |
) |
$ |
|
|
$ |
(3,027 |
) |
$ 762,208 |
|
| Net income |
|
|
|
|
|
|
|
|
|
|
145,148 |
|
|
|
|
|
|
|
|
|
|
145,148 |
|
| Change in fair value of |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| derivatives, net of tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(895 |
) |
|
|
|
(895 |
) |
 |
 |
| Comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
144,253 |
|
 |
 |
| Purchases of treasury stock |
|
(2,841 |
) |
|
|
|
|
|
|
|
|
|
|
(65,578 |
) |
|
|
|
|
|
|
(65,578 |
) |
| Issuances of common stock |
|
3,541 |
|
|
|
|
|
(2,529 |
) |
|
|
|
|
41,194 |
|
|
|
|
|
|
|
38,665 |
|
| Tax benefit from stock options |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| exercised |
|
|
|
|
|
|
|
19,430 |
|
|
|
|
|
|
|
|
|
|
|
|
|
19,430 |
|
| Amortization of unearned |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| compensation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,307 |
|
1,307 |
|
| Issuance of restricted stock, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| net of forfeitures |
|
11 |
|
|
(4 |
) |
|
(206 |
) |
|
|
|
|
581 |
|
|
|
|
|
(369 |
) |
2 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Balances at June 27, 2001 |
|
99,509 |
|
|
11,750 |
|
|
314,867 |
|
|
801,988 |
|
|
(225,334 |
) |
|
(895 |
) |
|
(2,089 |
) |
900,287 |
|
| Net income |
|
|
|
|
|
|
|
|
|
|
152,713 |
|
|
|
|
|
|
|
|
|
|
152,713 |
|
| Reclassification adjustment to |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| earnings, net of tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
895 |
|
|
|
|
895 |
|
 |
 |
| Comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
153,608 |
|
 |
 |
| Purchases of treasury stock |
|
(5,058 |
) |
|
|
|
|
|
|
|
|
|
|
(136,069 |
) |
|
|
|
|
|
|
(136,069 |
) |
| Issuances of common stock |
|
2,890 |
|
|
|
|
|
(4,602 |
) |
|
|
|
|
42,394 |
|
|
|
|
|
|
|
37,792 |
|
| Tax benefit from stock options |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| exercised |
|
|
|
|
|
|
|
18,826 |
|
|
|
|
|
|
|
|
|
|
|
|
|
18,826 |
|
| Amortization of unearned |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| compensation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,594 |
|
1,594 |
|
| Issuance of restricted stock, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| net of forfeitures |
|
99 |
|
|
|
|
|
1,100 |
|
|
|
|
|
1,335 |
|
|
|
|
|
(1,377 |
) |
1,058 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Balances at June 26, 2002 |
|
97,440 |
|
|
11,750 |
|
|
330,191 |
|
|
954,701 |
|
|
(317,674 |
) |
|
|
|
|
(1,872 |
) |
977,096 |
|
| Net income |
|
|
|
|
|
|
|
|
|
|
168,636 |
|
|
|
|
|
|
|
|
|
|
168,636 |
|
| Change in fair value of |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| investments, net of tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
609 |
|
|
|
|
609 |
|
 |
 |
| Comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
169,245 |
|
 |
 |
| Purchases of treasury stock |
|
(2,208 |
) |
|
|
|
|
|
|
|
|
|
|
(64,477 |
) |
|
|
|
|
|
|
(64,477 |
) |
| Issuances of common stock |
|
2,492 |
|
|
|
|
|
(1,748 |
) |
|
|
|
|
42,048 |
|
|
|
|
|
|
|
40,300 |
|
| Tax benefit from stock options |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| exercised |
|
|
|
|
|
|
|
13,710 |
|
|
|
|
|
|
|
|
|
|
|
|
|
13,710 |
|
| Amortization of unearned |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| compensation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,101 |
|
2,101 |
|
| Issuance of restricted stock, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| net of forfeitures |
|
131 |
|
|
|
|
|
2,333 |
|
|
|
|
|
2,157 |
|
|
|
|
|
(2,215 |
) |
2,275 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Balances at June 25, 2003 |
|
97,855 |
|
$ |
11,750 |
|
$ |
344,486 |
|
$ |
1,123,337 |
|
$ |
(337,946 |
) |
$ |
609 |
|
$ |
(1,986 |
) |
$1,140,250 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
See accompanying notes to consolidated financial statements.
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