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Earnings Per Share | 12 Months Ended
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Aug. 27, 2016
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 27, 2016 |  | August 29, 2015 |  | August 30, 2014
Income per share - basic |  |  |  |  |
Net income | $ | 45,496 |  |  | $ | 41,210 |  |  | $ | 45,053 |
Weighted average shares outstanding | 26,925 |  |  | 26,941 |  |  | 27,430 |
Net income per share - basic | $ | 1.69 |  |  | $ | 1.53 |  |  | $ | 1.64 |
Income per share - assuming dilution |  |  |  |  |
Net income | $ | 45,496 |  |  | $ | 41,210 |  |  | $ | 45,053 |
Weighted average shares outstanding | 26,925 |  |  | 26,941 |  |  | 27,430 |
Dilutive impact of awards and options outstanding | 108 |  |  | 110 |  |  | 115 |
Weighted average shares and potential dilutive shares outstanding | 27,033 |  |  | 27,051 |  |  | 27,545 |
Net income per share - assuming dilution | $ | 1.68 |  |  | $ | 1.52 |  |  | $ | 1.64 |
The computation of weighted average shares and potential dilutive shares outstanding excludes the effects of options to purchase 10,000, 167,394 and 457,421 shares of common stock for the fiscal years ended August 27, 2016, August 29, 2015 and August 30, 2014, respectively. These amounts were not included in the computation of diluted income per share because they are anti-dilutive under the treasury stock method.

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