Income 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, 2020 | | November 30, 2019 | Numerator | | | | Net income | $ | 57,423 | | | $ | 14,068 | | | | | | Denominator | | | | Weighted average common shares outstanding | 33,609 | | | 32,067 | | Dilutive impact of stock compensation awards | 230 | | | 200 | | Weighted average common shares outstanding, assuming dilution | 33,839 | | | 32,267 | | | | | | Anti-dilutive securities excluded from Weighted average common shares outstanding, assuming dilution | 140 | | | 73 | | | | | | Basic income per common share | $ | 1.71 | | | $ | 0.44 | | Diluted income per common share | $ | 1.70 | | | $ | 0.44 | |
Anti-dilutive securities were not included in the computation of diluted income per common share because they are considered anti-dilutive under the treasury stock method.
|