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Condensed Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Nov. 24, 2023
Nov. 25, 2022
Nov. 24, 2023
Nov. 25, 2022
Revenue $ 777.9 $ 826.9 $ 2,384.4 $ 2,430.9
Cost of sales 525.5 587.7 1,611.2 1,748.4
Gross profit 252.3 237.8 770.3 680.2
Operating expenses 206.5 208.1 663.0 630.4
Operating income 43.8 20.5 92.1 36.8
Interest expense (6.4) (7.6) (19.6) (21.2)
Investment income 2.3 0.3 3.6 0.7
Other income, net 0.9 3.4 4.4 10.9
Income before income tax expense 40.6 16.6 80.5 27.2
Income tax expense 9.8 5.2 20.7 7.6
Net income $ 30.8 $ 11.4 $ 59.8 $ 19.6
Earnings per share        
Basic $ 0.26 $ 0.10 $ 0.50 $ 0.17
Diluted 0.26 0.10 0.50 0.17
Dividends declared and paid per common share $ 0.100 $ 0.100 $ 0.300 $ 0.390
Cost of Sales        
Cost of Sales - Restructuring costs $ 0.1 $ 1.4 $ 2.9 $ 2.3
Operating Expense        
Operating Expenses - Restructuring costs $ 2.0 $ 9.2 $ 15.2 $ 13.0