XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Condensed Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 27, 2016
Aug. 29, 2015
Aug. 27, 2016
Aug. 29, 2015
Income Statement [Abstract]        
Net sales $ 331,387 $ 357,557 $ 1,012,627 $ 1,108,479
Cost of sales 216,986 237,802 675,464 742,139
Gross profit 114,401 119,755 337,163 366,340
Selling and administrative expenses 63,703 69,333 200,722 217,782
Operating profit 50,698 50,422 136,441 148,558
Other income (expense):        
Interest expense (1,763) (1,338) (5,744) (3,965)
Interest income 136 108 395 339
Other, net 574 5,649 28,022 5,111
Total other income (expense) (1,053) 4,419 22,673 1,485
Earnings before income taxes 49,645 54,841 159,114 150,043
Provision for income taxes 13,861 18,332 48,769 48,224
Net earnings 35,784 36,509 110,345 101,819
Net earnings attributable to noncontrolling interests (35) (64) (79) (168)
Net earnings attributable to CLARCOR Inc. $ 35,749 $ 36,445 $ 110,266 $ 101,651
Net earnings per share attributable to CLARCOR Inc. - Basic (in dollars per share) $ 0.73 $ 0.73 $ 2.26 $ 2.03
Net earnings per share attributable to CLARCOR Inc. - Diluted (in dollars per share) $ 0.73 $ 0.72 $ 2.25 $ 2.00
Weighted average number of shares outstanding - Basic (in shares) 48,653,220 50,099,852 48,723,459 50,188,327
Weighted average number of shares outstanding - Diluted (in shares) 49,055,047 50,525,049 49,103,211 50,701,490
Dividends paid per share (in dollars per share) $ 0.22 $ 0.20 $ 0.66 $ 0.60