v3.26.1
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 29, 2026
May 30, 2025
May 29, 2026
May 30, 2025
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Net income attributable to Penguin Solutions – Basic and Diluted $ 44,689 $ 2,661 $ 87,411 $ 15,960
Less: Preferred stock dividends 3,033 3,033 9,099 5,633
Income available for distribution 41,656 (372) 78,312 10,327
Income allocated to participating securities 4,448 0 8,210 678
Net income available to common stockholders, basic 37,208 (372) 70,102 9,649
Net income available to common stockholders, diluted $ 37,208 $ (372) $ 70,102 $ 9,649
Weighted-average shares outstanding – Basic (in shares) 50,998 53,130 52,051 53,355
Dilutive effect of equity plans and Convertible Senior Notes (in shares) 4,065 608 2,514 981
Weighted-average shares outstanding – Diluted (in shares) 55,063 53,738 54,565 54,336
Earnings (loss) per common share:        
Basic (in usd per share) $ 0.73 $ (0.01) $ 1.35 $ 0.18
Diluted (in usd per share) $ 0.68 $ (0.01) $ 1.29 $ 0.18
Antidilutive securities excluded from computation of earnings per share (in shares) 7,379 7,704 6,994 7,391
Equity plans        
Earnings (loss) per common share:        
Antidilutive securities excluded from computation of earnings per share (in shares) 1,283 1,608 898 1,295
Preferred stock        
Earnings (loss) per common share:        
Antidilutive securities excluded from computation of earnings per share (in shares) 6,096 6,096 6,096 6,096