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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 03, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
SELECTED QUARTERLY FINANCIAL DATA (Unaudited)

The following table provides unaudited quarterly data for 2016 and 2015:
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2016
 
 
 
 
 
 
 
Net sales
$
316,272

 
$
364,968

 
$
331,387

 
$
376,947

Gross profit
100,901

 
121,861

 
114,401

 
124,736

Net earnings
21,190

 
53,371

 
35,784

 
29,044

Net earnings attributable to CLARCOR Inc.
21,163

 
53,354

 
35,749

 
29,000

Net earnings per common share attributable to CLARCOR Inc. - Basic
$
0.43

 
$
1.10

 
$
0.73

 
$
0.60

Net earnings per common share attributable to CLARCOR Inc. - Diluted
$
0.43

 
$
1.09

 
$
0.73

 
$
0.59

Dividends declared and paid per common share
$
0.2200

 
$
0.2200

 
$
0.2200

 
$
0.2500

2015
 

 
 

 
 

 
 

Net sales
$
351,123

 
$
399,799

 
$
357,557

 
$
372,547

Gross profit
112,975

 
133,610

 
119,755

 
122,289

Net earnings
26,737

 
38,573

 
36,509

 
33,094

Net earnings attributable to CLARCOR Inc.
26,709

 
38,497

 
36,445

 
33,053

Net earnings per common share attributable to CLARCOR Inc. - Basic
$
0.53

 
$
0.77

 
$
0.73

 
$
0.67

Net earnings per common share attributable to CLARCOR Inc. - Diluted
$
0.53

 
$
0.76

 
$
0.72

 
$
0.67

Dividends declared and paid per common share
$
0.2000

 
$
0.2000

 
$
0.2000

 
$
0.2200



Comparability between quarters is impacted by a gain on legal settlement from 3M of $27,250 in the Second Quarter of 2016 (see Note N) and a gain of approximately $12,131 related to the disposal of J.L. Clark in the Third Quarter of 2015 (see Note C).