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Earnings Per Share (Tables)
6 Months Ended
Mar. 02, 2013
Earnings Per Share [Abstract]  
Computation Of EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Two Quarters Ended

 

 

March 2,

 

 

February 25,

 

 

March 2,

 

 

February 25,

 

 

2013

 

 

2012

 

 

2013

 

 

2012

Numerator for basic and

 

 

 

 

 

 

 

 

 

 

 

diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

$

2,669 

 

$

2,159 

 

$

7,362 

 

$

5,233 

Provision for income taxes

 

(1,077)

 

 

(997)

 

 

(2,873)

 

 

(2,409)

Net income

$

1,592 

 

$

1,162 

 

$

4,489 

 

$

2,824 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic and

 

 

 

 

 

 

 

 

 

 

 

diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares

 

 

 

 

 

 

 

 

 

 

 

outstanding(1)

 

18,550 

 

 

17,764 

 

 

18,356 

 

 

17,748 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Stock options and other

 

 

 

 

 

 

 

 

 

 

 

share-based awards

 

117 

 

 

27 

 

 

74 

 

 

29 

Common stock warrants

 

1,042 

 

 

496 

 

 

1,063 

 

 

365 

Diluted weighted average

 

 

 

 

 

 

 

 

 

 

 

shares outstanding

 

19,709 

 

 

18,287 

 

 

19,493 

 

 

18,142 

 

 

 

 

 

 

 

 

 

 

 

 

EPS Calculations:

 

 

 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.09 

 

$

0.07 

 

$

0.24 

 

$

0.16 

Diluted

 

0.08 

 

 

0.06 

 

 

0.23 

 

 

0.16 

 

(1) Since we recognized net income for the quarter and two quarters ended March 2, 2013 and February 25, 2012, basic weighted average shares for those periods include 3.3 million shares of common stock held by management stock loan participants that were placed in escrow.    Since the management stock loans were repaid near the end of the quarter ended March 2, 2013, common shares formerly held in escrow will not be outstanding in future periods.