Earnings Per Share

9 Months Ended

May 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table reflects the calculation of basic and diluted income per share:

	Three Months Ended				Nine Months Ended
(In thousands, except per share data)	May 31, 2014		June 1, 2013		May 31, 2014		June 1, 2013
Income per share - basic
Net income	$	11,385	$	7,661	$	32,124	$	21,337
Weighted average shares outstanding	27,209		27,987		27,552		28,128
Net income per share - basic	$	0.42	$	0.27	$	1.17	$	0.76
Income per share - assuming dilution
Net income	$	11,385	$	7,661	$	32,124	$	21,337
Weighted average shares outstanding	27,209		27,987		27,552		28,128
Dilutive impact of awards and options outstanding	110		100		114		90
Weighted average shares and potential dilutive shares outstanding	27,319		28,087		27,666		28,218
Net income per share - assuming dilution	$	0.42	$	0.27	$	1.16	$	0.76

At the end of the third quarters of Fiscal 2014 and Fiscal 2013, there were options outstanding to purchase 457,421 shares and 669,494 shares, respectively, of common stock at an average price of $30.38 and $29.83, 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.