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Earnings Per Share | 9 Months Ended
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May 27, 2017
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 |  | Nine Months Ended
(In thousands, except per share data) |  | May 27, 2017 |  | May 28, 2016 |  | May 27, 2017 |  | May 28, 2016
Income per share - basic |  |  |  |  |  |  |  |
Net income |  | $ | 19,391 |  |  | $ | 14,438 |  |  | $ | 46,407 |  |  | $ | 32,350 |
Weighted average shares outstanding |  | 31,587 |  |  | 26,892 |  |  | 30,333 |  |  | 26,935 |
Net income per share - basic |  | $ | 0.61 |  |  | $ | 0.54 |  |  | $ | 1.53 |  |  | $ | 1.20 |
Income per share - assuming dilution |  |  |  |  |  |  |  |
Net income |  | $ | 19,391 |  |  | $ | 14,438 |  |  | $ | 46,407 |  |  | $ | 32,350 |
Weighted average shares outstanding |  | 31,587 |  |  | 26,892 |  |  | 30,333 |  |  | 26,935 |
Dilutive impact of awards and options outstanding |  | 104 |  |  | 112 |  |  | 115 |  |  | 94 |
Weighted average shares and potential dilutive shares outstanding |  | 31,691 |  |  | 27,004 |  |  | 30,448 |  |  | 27,029 |
Net income per share - assuming dilution |  | $ | 0.61 |  |  | $ | 0.53 |  |  | $ | 1.52 |  |  | $ | 1.20 |
The computation of weighted average shares and potential dilutive shares outstanding excludes the effect of options to purchase 61,000 and 10,000 shares of common stock at May 27, 2017 and May 28, 2016, 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 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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