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Earnings Per Share (Tables)
9 Months Ended
May 28, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

The following table sets forth for all periods presented the computation of basic and diluted earnings per share, including the reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per share (dollars and shares in thousands, except per share data):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

May 28,

 

 

May 29,

 

 

May 28,

 

 

May 29,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(6,654

)

 

$

825

 

 

$

1,217

 

 

$

(8,671

)

Net income attributable to noncontrolling interest

 

 

557

 

 

 

 

 

 

557

 

 

 

 

Net income (loss) attributable to SGH

 

$

(7,211

)

 

$

825

 

 

$

660

 

 

$

(8,671

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

24,035

 

 

 

24,066

 

 

 

24,843

 

 

 

23,895

 

Diluted

 

 

24,035

 

 

 

24,431

 

 

 

25,902

 

 

 

23,895

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.30

)

 

$

0.03

 

 

$

0.03

 

 

$

(0.36

)

Diluted

 

$

(0.30

)

 

$

0.03

 

 

$

0.03

 

 

$

(0.36

)

Anti-dilutive weighted shares excluded from the

   computation of diluted earnings per share

 

 

233

 

 

 

7,892

 

 

 

7,551

 

 

 

7,236