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Net Income per Common and Common Equivalent Share
3 Months Ended
Nov. 23, 2025
Earnings Per Share [Abstract]  
Net Income Per Common and Common Equivalent Share
Note 7—Net Income per Common and Common Equivalent Share
The following table shows the amounts used in computing net income per share and the weighted average number of shares of basic and of potentially dilutive common shares outstanding (shares in 000s):
12 Weeks Ended
November 23,
2025
November 24,
2024
Net income
$2,001 $1,798 
Weighted average basic shares
443,961 443,988 
RSUs554 903 
Weighted average diluted shares
444,515 444,891 
Anti-dilutive RSUs
77 — 
Anti-dilutive shares are excluded from the calculation of diluted shares and earnings per diluted share because their impact would increase earnings per diluted shares.
Basic earnings per share is calculated by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is calculated based on the dilutive effect of RSUs using the treasury stock method.