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Earnings Per Share (Tables) | 3 Months Ended
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Nov. 25, 2023
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 25, 2023 |  | November 26, 2022 |  |  |  |
Earnings per share - basic |  |  |  |  |  |  |
Net income | $ | 25.8 |  |  | $ | 60.2 |  |  |  |  |
Weighted average common shares outstanding | 29.6 |  |  | 30.4 |  |  |  |  |
Basic earnings per common share(1) | $ | 0.87 |  |  | $ | 1.98 |  |  |  |  |
Earnings per share - diluted |  |  |  |  |  |  |
Net income | $ | 25.8 |  |  | $ | 60.2 |  |  |  |  |
Interest expense on convertible notes, net of tax | 1.2 |  |  | 1.2 |  |  |  |  |
Diluted net income | $ | 27.0 |  |  | $ | 61.4 |  |  |  |  |
Weighted average common shares outstanding | 29.6 |  |  | 30.4 |  |  |  |  |
Dilutive impact of stock compensation awards | 0.3 |  |  | 0.4 |  |  |  |  |
Dilutive impact of convertible notes | 4.8 |  |  | 4.7 |  |  |  |  |
Weighted average common shares outstanding, assuming dilution | 34.7 |  |  | 35.5 |  |  |  |  |
Anti-dilutive securities excluded from weighted average common shares outstanding, assuming dilution | 0.1 |  |  | 0.1 |  |  |  |  |
Diluted earnings per common share(1) | $ | 0.78 |  |  | $ | 1.73 |  |  |  |  |
(1) Earnings per share amounts are calculated based on unrounded numbers and therefore may not recalculate using the rounded numbers provided.

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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