v3.26.1
Income Per Share
 9 Months Ended
May 30, 2026
Earnings Per Share [Abstract]  
Income Per Share Income Per Share
The Company calculates income per share by allocating income to its unvested participating securities as part of its income per share calculations. The following table sets forth the computation of basic income per share using the two-class method
for amounts attributable to the Company’s shares of Common Stock and Class B Common Stock (in thousands, except per share data):
Thirteen Weeks EndedThirty-Nine Weeks Ended
May 30, 2026May 31, 2025May 30, 2026May 31, 2025
Net income available to shareholders$19,916 $39,680 $74,763 $107,244 
Allocation of net income for Basic:
Common Stock$16,659 $33,346 $62,545 $90,126 
Class B Common Stock3,257 6,334 12,218 17,118 
$19,916 $39,680 $74,763 $107,244 
Weighted average number of shares for Basic:
Common Stock14,532 14,990 14,549 15,007 
Class B Common Stock3,551 3,557 3,551 3,563 
18,083 18,547 18,100 18,570 
Income per share for Basic:
Common Stock$1.15 $2.22 $4.30 $6.01 
Class B Common Stock$0.92 $1.78 $3.44 $4.80 
The Company is required to calculate diluted income per share for Common Stock using the more dilutive of the following two methods:
•The treasury stock method; or
•The two-class method assuming a participating security is not exercised or converted.
For the thirteen and thirty-nine weeks ended May 30, 2026 and May 31, 2025, the Company’s diluted income per share assumes the conversion of all vested Class B Common Stock into Common Stock and uses the two-class method for its unvested participating shares. The following tables set forth the computation of diluted income per share of Common Stock for the thirteen and thirty-nine weeks ended May 30, 2026 and May 31, 2025 (in thousands, except per share data):
Thirteen Weeks Ended May 30, 2026Thirty-Nine Weeks Ended May 30, 2026
Earnings
to Common
Shareholders		Common
Shares		Income
Per
Share		Earnings
to Common
Shareholders		Common
Shares		Income
Per
Share
As reported - Basic$16,659 14,532$1.15 $62,545 14,549$4.30 
Add: effect of dilutive potential common shares
Share-Based Awards— 133— 75
Class B Common Stock3,257 3,55112,218 3,551
As reported – Diluted$19,916 18,216$1.09 $74,763 18,175$4.11 
Thirteen Weeks Ended May 31, 2025Thirty-Nine Weeks Ended May 31, 2025
Earnings
to Common
Shareholders		Common
Shares		Income
Per
Share		Earnings
to Common
Shareholders		Common
Shares		Income
Per
Share
As reported - Basic$33,346 14,990$2.22 $90,126 15,007$6.01 
Add: effect of dilutive potential common shares
Share-Based Awards— 60— 63
Class B Common Stock6,334 3,55717,118 3,563
As reported – Diluted$39,680 18,607$2.13 $107,244 18,633$5.76 
Anti-dilutive stock-based awards excluded from the calculations of diluted income per share were immaterial during the periods presented.