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Net Income per Common and Common Equivalent Share | 3 Months Ended
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Nov. 24, 2024
Earnings Per Share [Abstract] |
Net Income Per Common and Common Equivalent Share | Note 7—Net Income per Common and Common Equivalent Share The following table shows the amounts used in computing net income per share and the weighted average number of shares of basic and of potentially dilutive common shares outstanding (shares in 000s):
| 12 Weeks Ended |  |
| November 24, 2024 |  | November 26, 2023 |  |  |  |
Net income | $ | 1,798 |  |  | $ | 1,589 |  |  |  |  |
Weighted average basic shares | 443,988 |  |  | 443,827 |  |  |  |  |
RSUs | 903 |  |  | 576 |  |  |  |  |
Weighted average diluted shares | 444,891 |  |  | 444,403 |  |  |  |  |
Basic earnings per share is calculated by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is calculated based on the dilutive effect of RSUs using the treasury stock method.

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