Earnings Per Share

3 Months Ended

Nov. 26, 2016

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

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

	Three Months Ended
(In thousands, except per share data)	November 26, 2016		November 28, 2015
Income per share - basic
Net income	$	11,738	$	8,558
Weighted average shares outstanding	27,836		26,976
Net income per share - basic	$	0.42	$	0.32
Income per share - assuming dilution
Net income	$	11,738	$	8,558
Weighted average shares outstanding	27,836		26,976
Dilutive impact of awards and options outstanding	133		91
Weighted average shares and potential dilutive shares outstanding	27,969		27,067
Net income per share - assuming dilution	$	0.42	$	0.32

The computation of weighted average shares and potential dilutive shares outstanding excludes the effects of options to purchase 44,000 and 24,000 shares of common stock for the first quarter of Fiscal 2017 and Fiscal 2016, respectively. These amounts 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.