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Earnings Per Share
3 Months Ended
Nov. 28, 2015
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
(In thousands, except per share data)
 
November 28,
2015
 
November 29,
2014
Income per share - basic
 
 
 
 
Net income
 
$
8,558

 
$
9,895

Weighted average shares outstanding
 
26,976

 
26,969

Net income per share - basic
 
$
0.32

 
$
0.37

 
 
 
 
 
Income per share - assuming dilution
 
 
 
 
Net income
 
$
8,558

 
$
9,895

Weighted average shares outstanding
 
26,976

 
26,969

Dilutive impact of awards and options outstanding
 
91

 
109

Weighted average shares and potential dilutive shares outstanding
 
27,067

 
27,078

Net income per share - assuming dilution
 
$
0.32

 
$
0.37



At the end of the first quarter of Fiscal 2016 and Fiscal 2015, there were options outstanding to purchase 24,000 shares and 212,154 shares, respectively, of common stock at an average price of $33.63 and $29.17, 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.