v3.26.1
Earnings Per Share
 9 Months Ended
May 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic and diluted earnings per share are calculated as follows:
Three Months EndedNine Months Ended
(in millions, except per share data)May 30, 2026May 31, 2025May 30, 2026May 31, 2025
Earnings per share - basic
Net income$14.5 $17.6 $24.8 $12.0 
Weighted average common shares outstanding28.3 28.0 28.2 28.3 
Basic earnings per common share(1)
$0.51 $0.63 $0.88 $0.43 
Earnings per share - diluted
Net income$14.5 $17.6 $24.8 $12.0 
Interest expense on convertible notes, net of tax— 0.1 — — 
Diluted net income$14.5 $17.7 $24.8 $12.0 
Weighted average common shares outstanding28.3 28.0 28.2 28.3 
Dilutive impact of stock compensation awards0.1 0.1 0.2 0.1 
Dilutive impact of convertible notes — 0.3 — — 
Weighted average common shares outstanding, assuming dilution28.4 28.4 28.4 28.4 
Anti-dilutive securities excluded from weighted average common shares outstanding, assuming dilution0.6 0.7 0.5 0.5 
Diluted earnings per common share(1)
$0.51 $0.62 $0.87 $0.42 
(1)    Earnings per share amounts are calculated based on unrounded numbers and therefore may not recalculate using the rounded numbers provided.
The dilutive effect of stock compensation awards, if any, was determined using the treasury stock method while the dilutive impact of the 2030 Convertible Notes was determined using the if-converted method. Under the treasury stock method, shares associated with certain anti-dilutive securities have been excluded from the diluted weighted average shares outstanding calculation because the exercise of those options would lead to a net reduction in common shares outstanding or anti-dilution. Under the if-converted method, the 2030 Convertible Notes are assumed to be converted into common stock at the beginning of the reporting period. However, since we are required to settle the principal amount in cash and any conversion premium in excess of the principal amount in cash, shares of common stock, or a combination of cash and shares of common stock, at our election, the 2030 Convertible Notes only have an impact on diluted earnings per share when the average share price of our common stock exceeds the conversion price.