XML 47 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net Income Per Share (Tables)
6 Months Ended
Feb. 25, 2012
Net Income Per Share [Abstract]  
Schedule of Earnings Per Share, Basic, Two Class Method
The following table sets forth the computation of basic earnings 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 25,
  
February 26,
  
February 25,
  
February 26,
 
   
2012
  
2011
  
2012
  
2011
 
              
Net income
 $19,196  $16,277  $44,998  $40,041 
                  
Allocation of net income for Basic:
                
Common Stock
 $15,081  $12,750  $35,341  $31,356 
Class B Common Stock
  3,765   3,218   8,832   7,921 
Unvested participating shares
  350   309   825   764 
   $19,196  $16,277  $44,998  $40,041 
                  
Weighted average number of shares for Basic:
                
Common Stock
  14,873   14,778   14,856   14,766 
Class B Common Stock
  4,640   4,661   4,640   4,662 
Unvested participating shares
  394   408   396   410 
    19,907   19,847   19,892   19,838 
                  
Earnings per share for Basic:
                
Common Stock
 $1.01  $0.86  $2.38  $2.12 
Class B Common Stock
 $0.81  $0.69  $1.90  $1.70 
                  
Schedule of Earnings Per Share, Diluted, Two Class Method
For the thirteen and twenty-six weeks ended February 25, 2012, the Company's diluted EPS assumes the conversion of all vested Class B Common Stock into Common Stock and uses the two-class method for its unvested participating shares as follows (in thousands, except per share data):

   
Thirteen weeks
  
Twenty-six weeks
 
   
ended February 25, 2012
  
ended February 25, 2012
 
   
Earnings
        
Earnings
       
   
to Common
  
Common
     
to Common
  
Common
    
   
shareholders
  
Shares
  
EPS
  
shareholders
  
Shares
  
EPS
 
                    
As reported - Basic
 $15,081   14,873  $1.01  $35,341   14,856  $2.38 
                          
Add: effect of dilutive potential common shares
                        
Share-based awards
  -   92       -   79     
Class B Common Stock
  3,765   4,640       8,832   4,640     
                          
Add: Undistributed earnings allocated to
                        
unvested participating shares
  337   -       799   -     
                          
Less: Undistributed earnings reallocated to
                        
unvested participating shares
  (320 )  -       (759 )  -     
                          
Diluted EPS - Common Stock
 $18,863   19,605  $0.96  $44,213   19,575  $2.26 

For the thirteen and twenty-six weeks ended February 26, 2011, the Company's diluted EPS assumes the conversion of all vested Class B Common Stock into Common Stock and uses the two-class method for its unvested participating shares as follows (in thousands, except per share data):

   
Thirteen weeks
  
Twenty-six weeks
 
   
ended February 26, 2011
  
ended February 26, 2011
 
   
Earnings
        
Earnings
       
   
to Common
  
Common
     
to Common
  
Common
    
   
shareholders
  
Shares
  
EPS
  
shareholders
  
Shares
  
EPS
 
                    
As reported - Basic
 $12,750   14,778  $0.86  $31,356   14,766  $2.12 
                          
Add: effect of dilutive potential common shares
                        
Share-based awards
  -   89       -   75     
Class B Common Stock
  3,218   4,661       7,921   4,662     
                          
Add: Undistributed earnings allocated to
                        
unvested participating shares
  295   -       737   -     
                          
Less: Undistributed earnings reallocated to
                        
unvested participating shares
  (280 )  -       (700 )  -     
                          
Diluted EPS - Common Stock
 $15,983   19,528  $0.82  $39,314   19,503  $2.02