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Income Per Share (Tables)
9 Months Ended
May 31, 2025
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

 

 

Thirty-Nine Weeks Ended

 

 

 

May 31, 2025

 

 

May 25, 2024

 

 

May 31, 2025

 

 

May 25, 2024

 

Net income available to shareholders

 

$

39,680

 

 

$

38,057

 

 

$

107,244

 

 

$

100,839

 

Allocation of net income for Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

$

33,346

 

 

$

31,962

 

 

$

90,126

 

 

$

84,716

 

Class B Common Stock

 

 

6,334

 

 

 

6,095

 

 

 

17,118

 

 

 

16,123

 

 

$

39,680

 

 

$

38,057

 

 

$

107,244

 

 

$

100,839

 

Weighted average number of shares for Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

14,990

 

 

 

15,062

 

 

 

15,007

 

 

 

15,094

 

Class B Common Stock

 

 

3,557

 

 

 

3,590

 

 

 

3,563

 

 

 

3,590

 

 

 

18,547

 

 

 

18,652

 

 

 

18,570

 

 

 

18,684

 

Income per share for Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

$

2.22

 

 

$

2.12

 

 

$

6.01

 

 

$

5.61

 

Class B Common Stock

 

$

1.78

 

 

$

1.70

 

 

$

4.80

 

 

$

4.49

 

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 thirty-nine weeks ended May 31, 2025 and May 25, 2024 (in thousands, except per share data):

 

 

 

Thirteen Weeks Ended May 31, 2025

 

 

Thirty-Nine Weeks Ended May 31, 2025

 

 

 

Earnings
to Common
Shareholders

 

 

Common
Shares

 

 

Income
Per
Share

 

 

Earnings
to Common
Shareholders

 

 

Common
Shares

 

 

Income
Per
Share

 

As reported - Basic

 

$

33,346

 

 

 

14,990

 

 

$

2.22

 

 

$

90,126

 

 

 

15,007

 

 

$

6.01

 

Add: effect of dilutive potential common shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share-Based Awards

 

 

 

 

 

60

 

 

 

 

 

 

 

 

 

63

 

 

 

 

Class B Common Stock

 

 

6,334

 

 

 

3,557

 

 

 

 

 

 

17,118

 

 

 

3,563

 

 

 

 

As reported – Diluted

 

$

39,680

 

 

 

18,607

 

 

$

2.13

 

 

$

107,244

 

 

 

18,633

 

 

$

5.76

 

 

 

 

 

Thirteen Weeks Ended May 25, 2024

 

 

Thirty-Nine Weeks Ended May 25, 2024

 

 

 

Earnings
to Common
Shareholders

 

 

Common
Shares

 

 

Income
Per
Share

 

 

Earnings
to Common
Shareholders

 

 

Common
Shares

 

 

Income
Per
Share

 

As reported - Basic

 

$

31,962

 

 

 

15,062

 

 

$

2.12

 

 

$

84,716

 

 

 

15,094

 

 

$

5.61

 

Add: effect of dilutive potential common shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share-Based Awards

 

 

 

 

 

53

 

 

 

 

 

 

 

 

 

54

 

 

 

 

Class B Common Stock

 

 

6,095

 

 

 

3,590

 

 

 

 

 

 

16,123

 

 

 

3,590

 

 

 

 

As reported – Diluted

 

$

38,057

 

 

 

18,705

 

 

$

2.03

 

 

$

100,839

 

 

 

18,738

 

 

$

5.38