XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.1
Consolidated Condensed Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 28, 2016
May 30, 2015
May 28, 2016
May 30, 2015
Income Statement [Abstract]        
Net sales $ 364,968 $ 399,799 $ 681,240 $ 750,922
Cost of sales 243,107 266,189 458,478 504,337
Gross profit 121,861 133,610 222,762 246,585
Selling and administrative expenses 68,077 74,667 137,019 148,449
Operating profit 53,784 58,943 85,743 98,136
Other income (expense):        
Interest expense (1,869) (1,556) (3,981) (2,627)
Interest income 130 90 259 231
Other, net 26,934 (422) 27,448 (538)
Total other income (expense) 25,195 (1,888) 23,726 (2,934)
Earnings before income taxes 78,979 57,055 109,469 95,202
Provision for income taxes 25,608 18,482 34,908 29,892
Net earnings 53,371 38,573 74,561 65,310
Net earnings attributable to noncontrolling interests (17) (76) (44) (104)
Net earnings attributable to CLARCOR Inc. $ 53,354 $ 38,497 $ 74,517 $ 65,206
Net earnings per share attributable to CLARCOR Inc. - Basic (in dollars per share) $ 1.10 $ 0.77 $ 1.53 $ 1.30
Net earnings per share attributable to CLARCOR Inc. - Diluted (in dollars per share) $ 1.09 $ 0.76 $ 1.52 $ 1.28
Weighted average number of shares outstanding - Basic (in shares) 48,714,109 50,209,215 48,758,579 50,232,565
Weighted average number of shares outstanding - Diluted (in shares) 49,153,624 50,791,198 49,128,974 50,791,840
Dividends paid per share (in dollars per share) $ 0.22 $ 0.20 $ 0.44 $ 0.4