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Earnings Per Share
3 Months Ended
Nov. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table reflects the calculation of basic and diluted income per share:
 
 
Quarter Ended
(In thousands, except per share data)
 
November 30,
2013
 
December 1,
2012
Income per share - basic
 
 
 
 
Net income
 
$
11,146

 
$
7,391

Weighted average shares outstanding
 
27,851

 
28,301

Net income per share - basic
 
$
0.40

 
$
0.26

 
 
 
 
 
Income per share - assuming dilution
 
 
 
 
Net income
 
$
11,146

 
$
7,391

Weighted average shares outstanding
 
27,851

 
28,301

Dilutive impact of awards and options outstanding
 
120

 
60

Weighted average shares and potential dilutive shares outstanding
 
27,971

 
28,361

Net income per share - assuming dilution
 
$
0.40

 
$
0.26



At the end of the first quarters of Fiscal 2014 and Fiscal 2013, there were options outstanding to purchase 364,042 shares and 689,328 shares, respectively, of common stock at an average price of $32.36 and $29.57, respectively, which were not included in the computation of diluted income per share because they are considered anti-dilutive under the treasury stock method per ASC 260, Earnings Per Share.