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NET INCOME PER CLASS A COMMON SHARE
6 Months Ended
Sep. 06, 2025
Earnings Per Share [Abstract]  
NET INCOME PER CLASS A COMMON SHARE NET INCOME PER CLASS A COMMON SHARE
Basic net income per Class A common share is computed by dividing net income by the weighted average number of Class A common shares outstanding for the period, including Class A common shares to be issued with no remaining contingencies prior to issuance. Diluted net income per Class A common share is computed based on the weighted average number of shares of Class A common stock outstanding during the period, adjusted for the
potentially dilutive effect of unvested restricted stock units ("RSUs") and restricted common stock ("RSAs") calculated under the treasury stock method. Performance-based RSUs and RSAs are considered dilutive when the related performance criterion has been met.

The components of basic and diluted net income per Class A common share were as follows (in millions, except per share data):
12 weeks ended28 weeks ended
September 6,
2025
September 7,
2024
September 6,
2025
September 7,
2024
Net income$168.5 $145.5 $404.9 $386.2 
Weighted average Class A common shares outstanding - Basic (1)559.7 580.1 567.3 579.5 
Dilutive effect of restricted stock units and awards2.8 3.1 2.6 2.9 
Weighted average Class A common shares outstanding - Diluted (2)562.5 583.2 569.9 582.4 
Basic net income per Class A common share$0.30 $0.25 $0.71 $0.67 
Diluted net income per Class A common share$0.30 $0.25 $0.71 $0.66 
(1) The number of Class A common shares remaining to be issued for the 12 and 28 weeks ended September 6, 2025 and September 7, 2024 were not material.
(2) The number of potential Class A common shares outstanding related to RSUs and RSAs that were antidilutive for the 12 and 28 weeks ended September 6, 2025 and September 7, 2024 were not material.