Income Per Share (Tables)

6 Months Ended

Feb. 24, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic Income Per Share

The following table sets forth the computation of basic income per share using the two-class method for amounts attributable to the Company’s shares of Common Stock and Class B Common Stock (in thousands, except per share data):

	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	February 24, 2024		February 25, 2023		February 24, 2024		February 25, 2023
Net income available to shareholders	$	20,457	$	17,810	$	62,782	$	51,767
Allocation of net income for Basic:
Common Stock	$	17,188	$	14,962	$	52,754	$	43,488
Class B Common Stock		3,269		2,848		10,028		8,279
	$	20,457	$	17,810	$	62,782	$	51,767
Weighted average number of shares for Basic:
Common Stock		15,106		15,087		15,110		15,084
Class B Common Stock		3,590		3,590		3,590		3,590
		18,696		18,677		18,700		18,674
Income per share for Basic:
Common Stock	$	1.14	$	0.99	$	3.49	$	2.88
Class B Common Stock	$	0.91	$	0.79	$	2.79	$	2.31

Schedule of Computation of Diluted Income Per Share

The following tables set forth the computation of diluted income per share of Common Stock for the thirteen and twenty-six weeks ended February 24, 2024 and February 25, 2023 (in thousands, except per share data):

	Thirteen Weeks Ended February 24, 2024						Twenty-Six Weeks Ended February 24, 2024
	Earnings to Common Shareholders		Common Shares		Income Per Share		Earnings to Common Shareholders		Common Shares		Income Per Share
As reported - Basic	$	17,188		15,106	$	1.14	$	52,754		15,110	$	3.49
Add: effect of dilutive potential common shares
Share-Based Awards		—		58				—		58
Class B Common Stock		3,269		3,590				10,028		3,590
As reported – Diluted	$	20,457		18,754	$	1.09	$	62,782		18,758	$	3.35

	Thirteen Weeks Ended February 25, 2023						Twenty-Six Weeks Ended February 25, 2023
	Earnings to Common Shareholders		Common Shares		Income Per Share		Earnings to Common Shareholders		Common Shares		Income Per Share
As reported - Basic	$	14,962		15,087	$	0.99	$	43,488		15,084	$	2.88
Add: effect of dilutive potential common shares
Share-Based Awards		—		90				—		83
Class B Common Stock		2,848		3,590				8,279		3,590
As reported – Diluted	$	17,810		18,767	$	0.95	$	51,767		18,757	$	2.76