Shareholders' Equity

3 Months Ended

Nov. 26, 2011

Shareholders' Equity [Abstract]

Shareholders' Equity

Note 7. Shareholders' Equity

The Company paid cash dividends of $15,746 for the thirteen weeks ended November 26, 2011. For the thirteen weeks ended November 27, 2010, the Company paid cash dividends of $77,229, which consisted of a special cash dividend of $1.00 per share, in addition to its regularly quarterly cash dividend. On December 21, 2011, the Board of Directors declared a dividend of $0.25 per share payable on January 24, 2012 to shareholders of record at the close of business on January 10, 2012. The dividend will result in a payout of approximately $15,775, based on the number of shares outstanding at December 29, 2011.

The Board of Directors established the MSC stock repurchase plan (the "Plan") which allows the Company to repurchase shares at any time and in any increments it deems appropriate in accordance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended. As of November 26, 2011, the maximum number of shares that may yet be repurchased under the Plan was 5,000 shares.