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Earnings Per Share
12 Months Ended
Aug. 29, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table reflects the calculation of basic and diluted income per share for the past three fiscal years:
 
Year Ended
(In thousands, except per share data)
August 29, 2015
 
August 30, 2014
 
August 31, 2013
Income per share - basic
 
 
 
 
 
Net income
$
41,210

 
$
45,053

 
$
31,953

Weighted average shares outstanding
26,941

 
27,430

 
28,075

Net income per share - basic
$
1.53

 
$
1.64

 
$
1.14

 
 
 
 
 
 
Income per share - assuming dilution
 
 
 
 
 
Net income
$
41,210

 
$
45,053

 
$
31,953

Weighted average shares outstanding
26,941

 
27,430

 
28,075

Dilutive impact of awards and options outstanding
110

 
115

 
95

Weighted average shares and potential dilutive shares outstanding
27,051

 
27,545

 
28,170

Net income per share - assuming dilution
$
1.52

 
$
1.64

 
$
1.13



For the fiscal years ended August 29, 2015, August 30, 2014 and August 31, 2013, there were options outstanding to purchase 167,394 shares, 457,421 shares and 664,994 shares, respectively, of common stock at an average price of $28.30, $30.38 and $29.83, respectively, which were not included in the computation of diluted income per share because they are considered anti-dilutive under the treasury stock method.