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Earnings Per Share (Tables)

3 Months Ended

Nov. 27, 2021

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Income Per Share

Basic and diluted earnings per share are calculated as follows:

			Three Months Ended
(in thousands, except per share data)			November 27, 2021						November 28, 2020
Net income			$	99,630					$	57,423
Weighted average common shares outstanding			33,322						33,609
Dilutive impact of stock compensation awards			543						230
Dilutive impact of convertible notes			513						—
Weighted average common shares outstanding, assuming dilution			34,378						33,839
Anti-dilutive securities excluded from weighted average common shares outstanding, assuming dilution			78						140
Basic earnings per common share			$	2.99					$	1.71
Diluted earnings per common share			$	2.90					$	1.70

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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