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Earnings Per Share (Tables)
9 Months Ended
May 30, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table reconciles the numerators and denominators used in the computations of both basic and diluted earnings per share:
 
 
Thirteen Weeks Ended
 
Thirty-Nine Weeks Ended
(In thousands, except per share data)
 
May 30, 2020
 
May 25, 2019
 
May 30, 2020

 
May 25, 2019

Basic earnings per share computation:
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
Net income
 
$
16,409

 
$
13,466

 
$
22,273

 
$
41,445

Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares - basic
 
95,378,495

 
81,898,276

 
93,475,539

 
80,362,978

Basic earnings per share from net income
 
$
0.17

 
$
0.16

 
$
0.24

 
$
0.52

Diluted earnings per share computation:
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
Net income
 
$
16,409

 
$
13,466

 
$
22,273

 
$
41,445

Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
 
95,378,495

 
81,898,276

 
93,475,539

 
80,362,978

Public and Private Warrants
 
2,285,110

 
3,110,645

 
3,392,317

 
3,582,795

Employee stock options
 
630,408

 
844,937

 
1,028,218

 
689,849

Non-vested shares
 
28,303

 
108,293

 
37,476

 
60,081

Weighted average common shares - diluted
 
98,322,316

 
85,962,151

 
97,933,550

 
84,695,703

Diluted earnings per share from net income
 
$
0.17

 
$
0.16

 
$
0.23

 
$
0.49