Earnings Per Share

12 Months Ended

Aug. 30, 2025

Basic earnings or loss per share is based on the weighted average number of common shares issued and outstanding. In computing diluted earnings per share, basic earnings per share is adjusted for the assumed issuance of all potentially dilutive securities, including the Company’s employee stock options and non-vested stock units.

In periods in which the Company has a net loss, diluted loss per share is based on the weighted average number of common shares issued and outstanding as the effect of including common stock equivalents outstanding would be anti-dilutive.

The following table reconciles the numerators and denominators used in the computations of both basic and diluted earnings per share:


	52-Weeks Ended		53-Weeks Ended		52-Weeks Ended
(In thousands, except share and per share data)	August 30, 2025		August 31, 2024		August 26, 2023
Basic earnings per share computation:
Numerator:
Net income available to common stock stockholders	$	103,614	$	139,309	$	133,575
Denominator:
Weighted average common shares outstanding – basic	100,695,181		99,929,196		99,442,046
Basic earnings per share from net income	$	1.03	$	1.39	$	1.34
Diluted earnings per share computation:
Numerator:

Numerator for diluted earnings per share	$	103,614	$	139,309	$	133,575
Denominator:
Weighted average common shares outstanding – basic	100,695,181		99,929,196		99,442,046
Employee stock options	629,800		1,112,459		1,241,762
Non-vested stock units	185,791		240,233		196,271
Weighted average common shares – diluted	101,510,772		101,281,888		100,880,079
Diluted earnings per share from net income	$	1.02	$	1.38	$	1.32

Diluted earnings per share calculations for the fifty-two weeks ended August 30, 2025, the fifty-three weeks ended August 31, 2024, and the fifty-two weeks ended August 26, 2023, excluded 0.7 million shares, 0.8 million shares, and 0.6 million shares of common stock issuable upon exercise of stock options, respectively, that would have been anti-dilutive.

Diluted earnings per share calculations for the fifty-two weeks ended August 30, 2025, the fifty-three weeks ended August 31, 2024, and the fifty-two weeks ended August 26, 2023, excluded an immaterial number of non-vested restricted stock units that would have been anti-dilutive.