XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Aug. 29, 2014
Aug. 23, 2013
Aug. 29, 2014
Aug. 23, 2013
Revenue $ 786.7 $ 757.6 $ 1,509.8 $ 1,424.7
Cost of sales 536.1 513.4 1,040.6 970.6
Restructuring costs (benefits) 6.4 3.3 (3.3) 7.7
Gross profit 244.4 244.3 473.5 454.0
Operating expenses 191.4 188.9 383.3 374.0
Operating income 52.8 52.0 89.2 72.4
Interest expense (4.4) (4.5) (8.8) (8.9)
Investment income (expense) 0.5 (1.8) 0.9 (1.2)
Other income, net 3.2 0.6 6.7 1.8
Income before income tax expense 52.1 46.3 88.0 64.1
Income tax expense 21.6 18.7 36.5 23.3
Net income 30.5 27.6 51.5 40.8
Earnings per share        
Basic $ 0.24 $ 0.22 $ 0.41 $ 0.32
Diluted $ 0.24 $ 0.22 $ 0.41 $ 0.32
Dividends declared and paid per common share $ 0.105 $ 0.10 $ 0.21 $ 0.20
Cost of Sales [Member]
       
Restructuring costs (benefits) 6.2 (0.1) (4.3) 0.1
Operating Expense [Member]
       
Restructuring costs (benefits) $ 0.2 $ 3.4 $ 1.0 $ 7.6