XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 30, 2017
Dec. 24, 2016
Net Sales $ 265,210 $ 225,570
Cost of goods sold [1] 191,931 159,675
Gross Profit 73,279 65,895
Operating expenses    
Marketing [2] 21,576 20,335
Distribution [3] 21,159 18,164
Administrative [4] 9,356 8,098
Other general income (40) (29)
Total Operating Expenses 52,051 46,568
Operating Income 21,228 19,327
Other income (expense)    
Investment income 1,489 1,227
Interest expense & other 509 (26)
Earnings before income taxes 23,226 20,528
Income tax (benefit) expense (13,023) 6,988
NET EARNINGS $ 36,249 $ 13,540
Earnings per diluted share (in dollars per share) $ 1.93 $ 0.72
Weighted average number of diluted shares (in shares) 18,778 18,787
Earnings per basic share (in dollars per share) $ 1.94 $ 0.72
Weighted average number of basic shares (in shares) 18,666 18,686
[1] Includes share-based compensation expense of $218 and $182 for the three months ended December 30, 2017 and December 24, 2016, respectively.
[2] Includes share-based compensation expense of $339 and $261 for the three months ended December 30, 2017 and December 24, 2016, respectively.
[3] Includes share-based compensation expense of $19 and $18 for the three months ended December 30, 2017 and December 24, 2016, respectively.
[4] Includes share-based compensation expense of $377 and $286 for the three months ended December 30, 2017 and December 24, 2016, respectively.