Net Income Per Share

9 Months Ended

Jun. 01, 2013

Net Income Per Share [Abstract]

Net Income Per Share

Note 2. Net Income per Share

The following table sets forth the computation of basic and diluted net income per common share under the two-class method in accordance with Accounting Standards Codification^TM ("ASC") Topic 260, "Earnings Per Share":

	Thirteen Weeks Ended						Thirty-Nine Weeks Ended
	June 1, 2013			May 26, 2012			June 1, 2013			May 26, 2012
Net income as reported	$	62,354		$	70,211		$	181,620		$	190,116
Less: Distributed net income available to participating securities		(125	)		(95	)		(365	)		(253	)
Less: Undistributed net income available to participating securities		(347	)		(472	)		(991	)		(1,288	)
Numerator for basic net income per share:
Undistributed and distributed net income available to common shareholders	$	61,882		$	69,644		$	180,264		$	188,575
Add: Undistributed net income allocated to participating securities		347			472			991			1,288
Less: Undistributed net income reallocated to participating securities		(345	)		(469	)		(986	)		(1,280	)
Numerator for diluted net income per share:
Undistributed and distributed net income available to common shareholders	$	61,884		$	69,647		$	180,269		$	188,583
Denominator:
Weighted average shares outstanding for basic net income per share		62,808			62,651			62,628			62,517
Effect of dilutive securities		326			404			319			379
Weighted average shares outstanding for diluted net income per share		63,134			63,055			62,947			62,896
Net income per share Two-class method:
Basic	$	0.99		$	1.11		$	2.88		$	3.02
Diluted	$	0.98		$	1.10		$	2.86		$	3.00

There were no antidilutive stock options included in the computation of diluted earnings per share for the thirteen and thirty-nine week periods ended June 1, 2013 and May 26, 2012.