v3.25.2
Earnings Per Share
 9 Months Ended
May 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share
Basic earnings or loss per share is based on the weighted average number of common shares issued and outstanding. In computing diluted earnings per share, basic earnings per share is adjusted for the assumed issuance of all potentially dilutive securities, including the Company’s employee stock options and non-vested stock units.

In periods in which the Company has a net loss, diluted loss per share is based on the weighted average number of common shares issued and outstanding as the effect of including common stock equivalents outstanding would be anti-dilutive.

The following table reconciles the numerators and denominators used in the computations of both basic and diluted earnings per share:
 Thirteen Weeks EndedThirty-Nine Weeks Ended
(In thousands, except per share data)May 31, 2025May 25, 2024May 31, 2025May 25, 2024
Basic earnings per share computation:
Numerator:
Net income available to common stockholders$41,102 $41,334 $115,971 $110,018 
Denominator:
Weighted average common shares outstanding - basic100,923,690 100,024,230 100,787,087 99,852,203 
Basic earnings per share from net income$0.41 $0.41 $1.15 $1.10 
Diluted earnings per share computation:
Numerator:
Net income available for common stockholders$41,102 $41,334 $115,971 $110,018 
Numerator for diluted earnings per share$41,102 $41,334 $115,971 $110,018 
Denominator:
Weighted average common shares outstanding - basic100,923,690 100,024,230 100,787,087 99,852,203 
Employee stock options548,926 1,055,882 700,710 1,143,855 
Non-vested stock units162,905 190,051 182,201 244,413 
Weighted average common shares - diluted101,635,521 101,270,163 101,669,998 101,240,471 
Diluted earnings per share from net income$0.40 $0.41 $1.14 $1.09 

Diluted earnings per share calculations for the thirteen and thirty-nine week periods ended May 31, 2025, both excluded 0.7 million shares of common stock issuable upon exercise of stock options that would have been anti-dilutive. Diluted earnings per share calculations for the thirteen and thirty-nine week periods ended May 25, 2024, both excluded 0.8 million shares of common stock issuable upon exercise of stock options that would have been anti-dilutive.
Diluted earnings per share calculations for the thirteen and thirty-nine week periods ended May 31, 2025, and May 25, 2024, both excluded an immaterial number of non-vested stock units that would have been anti-dilutive, respectively.