Income Per Share

12 Months Ended

Aug. 25, 2018

Income per Share

The following table reflects the calculation of basic and diluted income per share for the past three fiscal years:



	Year Ended
(In thousands, except per share data)	August 25, 2018		August 26, 2017		August 27, 2016
Income per share - basic
Net income	$	102,357	$	71,330	$	45,496
Weighted average shares outstanding	31,596		30,648		26,925
Net income per share - basic	$	3.24	$	2.33	$	1.69

Income per share - assuming dilution
Net income	$	102,357	$	71,330	$	45,496
Weighted average shares outstanding	31,596		30,648		26,925
Dilutive impact of awards and options outstanding	218		118		108
Weighted average shares and potential dilutive shares outstanding	31,814		30,766		27,033
Net income per share - assuming dilution	$	3.22	$	2.32	$	1.68

The computation of weighted average shares and potential dilutive shares outstanding excludes the effect of options to purchase 62,323, 55,800, and 10,000 shares of common stock for the fiscal years ended August 25, 2018, August 26, 2017, and August 27, 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.