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Earnings Per Share | 12 Months Ended
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Aug. 26, 2017
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 26, 2017 |  | August 27, 2016 |  | August 29, 2015
Income per share - basic |  |  |  |  |  |
Net income |  | $ | 71,330 |  |  | $ | 45,496 |  |  | $ | 41,210 |
Weighted average shares outstanding |  | 30,648 |  |  | 26,925 |  |  | 26,941 |
Net income per share - basic |  | $ | 2.33 |  |  | $ | 1.69 |  |  | $ | 1.53 |
Income per share - assuming dilution |  |  |  |  |  |
Net income |  | $ | 71,330 |  |  | $ | 45,496 |  |  | $ | 41,210 |
Weighted average shares outstanding |  | 30,648 |  |  | 26,925 |  |  | 26,941 |
Dilutive impact of awards and options outstanding |  | 118 |  |  | 108 |  |  | 110 |
Weighted average shares and potential dilutive shares outstanding |  | 30,766 |  |  | 27,033 |  |  | 27,051 |
Net income per share - assuming dilution |  | $ | 2.32 |  |  | $ | 1.68 |  |  | $ | 1.52 |
The computation of weighted average shares and potential dilutive shares outstanding excludes the effect of options to purchase 55,800, 10,000 and 167,394 shares of common stock for the fiscal years ended August 26, 2017, August 27, 2016 and August 29, 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.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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