Net Income Per Share (Tables)

9 Months Ended

May 26, 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				Thirty-nine weeks ended
	May 26,		May 28,		May 26,		May 28,
	2012		2011		2012		2011
Net income	$	27,459	$	18,431	$	72,457	$	58,472
Allocation of net income for Basic:
Common Stock	$	21,587	$	14,453	$	56,926	$	45,810
Class B Common Stock		5,381		3,635		14,214		11,555
Unvested participating shares		491		343		1,317		1,107
	$	27,459	$	18,431	$	72,457	$	58,472
Weighted average number of shares for Basic:
Common Stock		14,905		14,810		14,872		14,780
Class B Common Stock		4,644		4,656		4,642		4,660
Unvested participating shares		387		401		393		407
		19,936		19,867		19,907		19,847
Earnings per share for Basic:
Common Stock	$	1.45	$	0.98	$	3.83	$	3.10
Class B Common Stock	$	1.16	$	0.78	$	3.06	$	2.48

Schedule of Earnings Per Share, Diluted, Two Class Method

For the thirteen and thirty-nine weeks ended May 26, 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							Thirty-nine weeks
	ended May 26, 2012							ended May 26, 2012
	Earnings							Earnings
	to Common			Common				to Common			Common
	Shareholders			Shares		EPS		Shareholders			Shares		EPS
As reported - Basic	$	21,587			14,905	$	1.45	$	56,926			14,872	$	3.83
Add: effect of dilutive potential common shares
Share-based awards		-			97				-			86
Class B Common Stock		5,381			4,644				14,214			4,642
Add: Undistributed earnings allocated to
unvested participating shares		478			-				1,279			-
Less: Undistributed earnings reallocated to
unvested participating shares		(453	)		-				(1,214	)		-
Diluted EPS - Common Stock	$	26,993			19,646	$	1.37	$	71,205			19,600	$	3.63

For the thirteen and thirty-nine weeks ended May 28, 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							Thirty-nine weeks
	ended May 28, 2011							ended May 28, 2011
	Earnings							Earnings
	to Common			Common				to Common			Common
	Shareholders			Shares		EPS		Shareholders			Shares		EPS
As reported - Basic	$	14,453			14,810	$	0.98	$	45,810			14,780	$	3.10
Add: effect of dilutive potential common shares
Share-based awards		-			83				-			82
Class B Common Stock		3,635			4,656				11,555			4,660
Add: Undistributed earnings allocated to
unvested participating shares		330			-				1,067			-
Less: Undistributed earnings reallocated to
unvested participating shares		(313	)		-				(1,012	)		-
Diluted EPS - Common Stock	$	18,105			19,549	$	0.93	$	57,420			19,522	$	2.94