XML 43 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2

Earnings Per Share (Tables)

3 Months Ended

Nov. 26, 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 Ended
(in millions, except per share data)			November 26, 2022						November 27, 2021
Earnings per share - basic
Net income			$	60.2					$	99.6
Weighted average common shares outstanding			30.4						33.3
Basic earnings per common share			$	1.98					$	2.99
Earnings per share - diluted
Net income			$	60.2					$	99.6
Interest expense on convertible notes, net of tax			1.2						—
Diluted net income			$	61.4					$	99.6
Weighted average common shares outstanding			30.4						33.3
Dilutive impact of stock compensation awards			0.4						0.6
Dilutive impact of convertible notes			4.7						0.5
Weighted average common shares outstanding, assuming dilution			35.5						34.4
Anti-dilutive securities excluded from weighted average common shares outstanding, assuming dilution			0.1						0.1
Diluted earnings per common share			$	1.73					$	2.90

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration