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Earnings Per Share (Tables)
9 Months Ended
Jun. 01, 2013
Earnings Per Share [Abstract]  
Computation Of EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Three Quarters Ended

 

 

June 1,

 

 

May 26,

 

 

June 1,

 

 

May 26,

 

 

2013

 

 

2012

 

 

2013

 

 

2012

Numerator for basic and

 

 

 

 

 

 

 

 

 

 

 

diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

$

3,527 

 

$

2,783 

 

$

10,888 

 

$

8,016 

Provision for income taxes

 

(1,416)

 

 

(1,166)

 

 

(4,289)

 

 

(3,575)

Net income

$

2,111 

 

$

1,617 

 

$

6,599 

 

$

4,441 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic and

 

 

 

 

 

 

 

 

 

 

 

diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares

 

 

 

 

 

 

 

 

 

 

 

outstanding(1)

 

16,330 

 

 

17,797 

 

 

17,680 

 

 

17,765 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Stock options and other

 

 

 

 

 

 

 

 

 

 

 

share-based awards

 

91 

 

 

10 

 

 

80 

 

 

22 

Common stock warrants

 

 -

 

 

509 

 

 

709 

 

 

413 

Diluted weighted average

 

 

 

 

 

 

 

 

 

 

 

shares outstanding

 

16,421 

 

 

18,316 

 

 

18,469 

 

 

18,200 

 

 

 

 

 

 

 

 

 

 

 

 

EPS Calculations:

 

 

 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.13 

 

$

0.09 

 

$

0.37 

 

$

0.25 

Diluted

 

0.13 

 

 

0.09 

 

 

0.36 

 

 

0.24 

 

(1) Since we recognized net income for all of the periods presented in this report, basic weighted average shares for the three quarters ended June 1, 2013 (for the period outstanding) and for the quarter and three quarters ended May 26, 2012 include 3.3 million shares of common stock held by management stock loan participants that were placed in escrow.