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Earnings Per Share
6 Months Ended
Feb. 27, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table reflects the calculation of basic and diluted net income per share:
 
 
Three Months Ended
 
Six Months Ended
(In thousands, except per share data)
 
February 27,
2016
 
February 28,
2015
 
February 27,
2016
 
February 28,
2015
Income per share - basic
 
 
 
 
 
 
 
 
Net income
 
$
9,354

 
$
8,096

 
$
17,912

 
$
17,991

Weighted average shares outstanding
 
26,936

 
26,924

 
26,956

 
26,946

Net income per share - basic
 
$
0.35

 
$
0.30

 
$
0.66

 
$
0.67

 
 
 
 
 
 
 
 
 
Income per share - assuming dilution
 
 
 
 
 
 
 
 
Net income
 
$
9,354

 
$
8,096

 
$
17,912

 
$
17,991

Weighted average shares outstanding
 
26,936

 
26,924

 
26,956

 
26,946

Dilutive impact of awards and options outstanding
 
79

 
94

 
86

 
102

Weighted average shares and potential dilutive shares outstanding
 
27,015

 
27,018

 
27,042

 
27,048

Net income per share - assuming dilution
 
$
0.35

 
$
0.30

 
$
0.66

 
$
0.67



The computation of weighted average shares and potential dilutive shares outstanding excludes options to purchase 15,846 and 196,308 shares of common stock for the second quarter of Fiscal 2016 and Fiscal 2015, respectively, and options to purchase 55,924 and 261,636 shares of common stock for the six months of Fiscal 2016 and Fiscal 2015, respectively. These amounts were not included in the computation of diluted income per share because they are considered anti-dilutive under the treasury stock method per ASC 260, Earnings Per Share.