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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May. 30, 2015
May. 31, 2014
May. 30, 2015
May. 31, 2014
Net revenues $ 266,510 $ 247,747 $ 725,456 $ 699,228
Cost of goods sold 238,327 221,266 648,629 623,940
Gross profit 28,183 26,481 76,827 75,288
Operating expenses:        
Selling 5,150 4,887 14,703 13,709
General and administrative 6,453 6,005 19,154 16,577
Impairment (gain) on fixed assets (462) 0 (462) 629
Total operating expenses 12,065 10,892 34,319 29,657
Operating income 16,118 15,589 42,508 45,631
Non-operating income 0 735 35 752
Income before income taxes 16,118 16,324 42,543 46,383
Provision for taxes 4,616 4,939 13,050 14,259
Net income $ 11,502 $ 11,385 $ 29,493 $ 32,124
Income per common share:        
Basic $ 0.43 $ 0.42 $ 1.09 $ 1.17
Diluted $ 0.43 $ 0.42 $ 1.09 $ 1.16
Weighted average common shares outstanding:        
Basic (in shares) 26,932 27,209 26,942 27,552
Diluted (in shares) 27,030 27,319 27,042 27,666
Other comprehensive income (loss):        
Amortization of prior service credit (net of tax of $556, $557, $1,554 and $1,567) $ (903) $ (925) $ (2,525) $ (2,601)
Amortization of net actuarial loss (net of tax of $154, $103, $412 and $304) 249 173 668 505
Plan amendment, (net of tax of $0, $0, $581 and $1,346) 0 0 944 2,234
Unrealized appreciation of investments (net of tax of $0, $0, $0 and $91) 0 0 0 151
Total other comprehensive (loss) income (654) (752) (913) 289
Comprehensive income $ 10,848 $ 10,633 $ 28,580 $ 32,413