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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 28, 2016
May 30, 2015
May 28, 2016
May 30, 2015
Net revenues $ 272,077 $ 266,510 $ 711,972 $ 725,456
Cost of goods sold 241,820 238,327 631,191 648,629
Gross profit 30,257 28,183 80,781 76,827
Operating expenses:        
Selling 4,770 5,150 14,714 14,703
General and administrative 4,894 6,453 19,212 19,154
Impairment of fixed assets 0 (462) 0 (462)
Total operating expenses 9,664 12,065 33,926 34,319
Operating income 20,593 16,118 46,855 42,508
Non-operating income 77 0 194 35
Income before income taxes 20,670 16,118 47,049 42,543
Provision for taxes 6,232 4,616 14,699 13,050
Net income $ 14,438 $ 11,502 $ 32,350 $ 29,493
Income per common share:        
Basic $ 0.54 $ 0.43 $ 1.20 $ 1.09
Diluted $ 0.53 $ 0.43 $ 1.20 $ 1.09
Weighted average common shares outstanding:        
Basic (in shares) 26,892 26,932 26,935 26,942
Diluted (in shares) 27,004 27,030 27,029 27,042
Common stock, dividends, per share, cash paid $ 0.10 $ 0.09 $ 0.30 $ 0.27
Other comprehensive (loss) income:        
Amortization of prior service credit (net of tax of $765, $556, $2,182 and $1,554) $ (1,243) $ (903) $ (3,545) $ (2,525)
Amortization of net actuarial loss (net of tax of $160, $154, $462 and $412) 260 249 751 668
Plan amendment, (net of tax of $0, $0, $10,895 and $581) 0 0 17,701 944
Total other comprehensive (loss) income (983) (654) 14,907 (913)
Comprehensive income $ 13,455 $ 10,848 $ 47,257 $ 28,580