Shareholders' Equity

6 Months Ended

Feb. 25, 2012

Shareholders' Equity [Abstract]

Shareholders' Equity

Note 8. Shareholders' Equity

The Company paid cash dividends of $31,522 for the twenty-six weeks ended February 25, 2012. For the twenty-six weeks ended February 26, 2011, the Company paid cash dividends of $91,178, which consisted of a special cash dividend of $1.00 per share, in addition to its regularly quarterly cash dividend. On March 26, 2012, the Board of Directors declared a dividend of $0.25 per share payable on April 24, 2012 to shareholders of record at the close of business on April 10, 2012. The dividend will result in a payout of approximately $15,819, based on the number of shares outstanding at March 28, 2012.

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 February 25, 2012, the maximum number of shares that may yet be repurchased under the Plan was 5,000 shares.