Earnings per Share (Tables)

12 Months Ended

Aug. 28, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Basic and diluted earnings per share are calculated as follows:

(in thousands, except per share data)	2021		2020		2019
Net income	$	281,871	$	61,442	$	111,798
Weighted average common shares outstanding	33,528		33,236		31,536
Dilutive impact of stock compensation awards	375		218		185
Dilutive impact of convertible notes	153		—		—
Weighted average common shares outstanding, assuming dilution	34,056		33,454		31,721
Anti-dilutive securities excluded from weighted average diluted common shares outstanding	49		39		189
Basic earnings per common share	$	8.41	$	1.85	$	3.55
Diluted earnings per common share	$	8.28	$	1.84	$	3.52