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Earnings Per Share (Tables)
9 Months Ended
May 28, 2022
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Income Per Share Basic and diluted earnings per share are calculated as follows:
Three Months EndedNine Months Ended
(in thousands, except per share data)May 28,
2022
May 29,
2021
May 28,
2022
May 29,
2021
Net income$117,222 $71,295 $308,027 $197,786 
Weighted average common shares outstanding32,389 33,552 32,936 33,565 
Dilutive impact of stock compensation awards466 384 504 302 
Dilutive impact of convertible notes — 836 119 76 
Weighted average common shares outstanding, assuming dilution32,855 34,772 33,559 33,943 
Anti-dilutive securities excluded from weighted average common shares outstanding, assuming dilution199 174 46 
Basic earnings per common share$3.62 $2.12 $9.35 $5.89 
Diluted earnings per common share$3.57 $2.05 $9.18 $5.83