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Net Income Per Share (Tables)
12 Months Ended
Sep. 01, 2018
Net Income Per Share [Abstract]  
Basic And Diluted Net Income Per Common Share Under The Two-Class Method



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

For the Fiscal Years Ended



 

September 1,

 

September 2,

 

September 3,



 

2018

 

2017

 

2016



 

(52 weeks)

 

(52 weeks)

 

(53 weeks)



 

 

 

 

 

 

 

 

 

Net income as reported

 

$

329,223 

 

$

231,431 

 

$

231,216 

Less: Distributed net income available to participating securities

 

 

(89)

 

 

(206)

 

 

(308)

Less: Undistributed net income available to participating securities

 

 

(291)

 

 

(410)

 

 

(601)



 

 

 

 

 

 

 

 

 

Numerator for basic net income per share:

 

 

 

 

 

 

 

 

 

Undistributed and distributed net income available to common shareholders         

 

$

328,843 

 

$

230,815 

 

$

230,307 

Add: Undistributed net income allocated to participating securities

 

 

291 

 

 

410 

 

 

601 

Less: Undistributed net income reallocated to participating securities

 

 

(290)

 

 

(408)

 

 

(600)



 

 

 

 

 

 

 

 

 

Numerator for diluted net income per share:

 

 

 

 

 

 

 

 

 

Undistributed and distributed net income available to common shareholders

 

$

328,844 

 

$

230,817 

 

$

230,308 

    

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for basic net income per share

 

 

56,355 

 

 

56,591 

 

 

60,908 

Effect of dilutive securities

 

 

352 

 

 

380 

 

 

168 

Weighted average shares outstanding for diluted net income per share

 

 

56,707 

 

 

56,971 

 

 

61,076 



 

 

 

 

 

 

 

 

 

Net income per share two-class method:

 

 

 

 

 

 

 

 

 

Basic

 

$

5.84 

 

$

4.08 

 

$

3.78 

Diluted

 

$

5.80 

 

$

4.05 

 

$

3.77 



 

 

 

 

 

 

 

 

 

Potentially dilutive securities

 

 

207 

 

 

 —

 

 

843