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EARNINGS PER SHARE | 3 Months Ended
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Aug. 24, 2025
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per common share for the periods presented:
|  | Thirteen Weeks Ended |  |
(in millions, except per share amounts) |  | August 24, 2025 |  | August 25, 2024 |  |  |  |
Numerator: |  |  |  |  |  |  |  |
Net income |  | $ | 64.3 |  |  | $ | 127.4 |  |  |  |  |
Denominator: |  |  |  |  |  |  |  |
Basic weighted average common shares outstanding |  | 139.5 |  |  | 143.6 |  |  |  |  |
Add: Dilutive effect of employee incentive plans (a) |  | 0.3 |  |  | 0.6 |  |  |  |  |
Diluted weighted average common shares outstanding |  | 139.8 |  |  | 144.2 |  |  |  |  |
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.46 |  |  | $ | 0.89 |  |  |  |  |
Diluted |  | $ | 0.46 |  |  | $ | 0.88 |  |  |  |  |
___________________________________________ (a)Potential dilutive shares of common stock under employee incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options and the assumed vesting of outstanding restricted stock units and performance awards. As of August 24, 2025 and August 25, 2024, 1.7 million and 0.8 million, respectively, shares of stock-based awards were excluded from the computation of diluted earnings per share because they would be antidilutive.

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