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Earnings per Share (Tables) | 12 Months Ended
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Aug. 27, 2022
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | Basic and diluted earnings per share are calculated as follows:
(in thousands, except per share data) | 2022 |  | 2021 |  | 2020
Net income | $ | 390,636 |  |  | $ | 281,871 |  |  | $ | 61,442 |
Weighted average common shares outstanding | 32,475 |  |  | 33,528 |  |  | 33,236 |
Dilutive impact of stock compensation awards | 510 |  |  | 375 |  |  | 218 |
Dilutive impact of convertible notes | — |  |  | 153 |  |  | — |
Weighted average common shares outstanding, assuming dilution | 32,985 |  |  | 34,056 |  |  | 33,454 |
Anti-dilutive securities excluded from weighted average diluted common shares outstanding | 159 |  |  | 49 |  |  | 39 |
Basic earnings per common share | $ | 12.03 |  |  | $ | 8.41 |  |  | $ | 1.85 |
Diluted earnings per common share | $ | 11.84 |  |  | $ | 8.28 |  |  | $ | 1.84 |

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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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