v3.26.3
EARNINGS PER SHARE
3 Months Ended
Aug. 30, 2026
EARNINGS PER SHARE  
EARNINGS PER SHARE

9. EARNINGS PER SHARE

Basic earnings per share is calculated on the basis of weighted average outstanding shares of common stock. Diluted earnings per share is computed on the basis of basic weighted average outstanding shares of common stock adjusted for the dilutive effect of stock options, restricted stock unit awards, and other dilutive securities.

The following table reconciles the income and average share amounts used to compute both basic and diluted earnings per share:

​

​

​

​

​

​

​

​

​

​

Thirteen Weeks Ended

​

  ​ ​ ​

August 30, 2026

  ​ ​ ​

August 24, 2025

Net income:

​

$

174.3

​

$

164.5

Weighted average shares outstanding:

​

​

​

​

​

​

Basic weighted average shares outstanding

​

​

479.3

​

​

478.7

Add: Dilutive effect of restricted stock unit awards and other dilutive securities

​

​

0.7

​

​

0.9

Diluted weighted average shares outstanding

​

​

480.0

​

​

479.6

​

For the first quarter of fiscal 2027 and 2026, there were 0.6 million and 2.0 million, respectively, of stock options and restricted stock units outstanding that were excluded from the computation of diluted weighted average shares because the effect was antidilutive.