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Earnings Per Share (Tables)
9 Months Ended
May 25, 2024
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 millions, except per share data)May 25,
2024
May 27,
2023
May 25,
2024
May 27,
2023
Earnings per share - basic
Net income$29.0 $59.1 $42.1 $172.1 
Weighted average common shares outstanding29.2 30.4 29.3 30.4 
Basic earnings per common share(1)
$0.99 $1.95 $1.43 $5.66 
Earnings per share - diluted
Net income$29.0 $59.1 $42.1 $172.1 
Interest expense on convertible notes, net of tax0.2 1.2 0.7 3.6 
Diluted net income$29.2 $60.3 $42.8 $175.7 
Weighted average common shares outstanding29.2 30.4 29.3 30.4 
Dilutive impact of stock compensation awards0.2 0.3 0.3 0.4 
Dilutive impact of convertible notes 1.0 4.7 1.0 4.7 
Weighted average common shares outstanding, assuming dilution30.4 35.4 30.6 35.5 
Anti-dilutive securities excluded from weighted average common shares outstanding, assuming dilution0.2 0.1 0.2 0.1 
Diluted earnings per common share(1)
$0.96 $1.71 $1.40 $4.95 
(1)    Earnings per share amounts are calculated based on unrounded numbers and therefore may not recalculate using the rounded numbers provided.