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Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 24, 2023
Jun. 25, 2022
Jun. 24, 2023
Jun. 25, 2022
Net sales $ 425,769 $ 380,227 $ 1,114,966 $ 980,230
Cost of goods sold 282,887 271,151 790,845 726,431
Gross profit 142,882 109,076 324,121 253,799
Operating expenses        
Marketing 31,308 24,002 79,024 65,945
Distribution 44,485 48,157 124,722 109,821
Administrative 18,740 15,724 53,050 37,812
Other general expense (income) 55 (67) (490) 28
Total operating expenses 94,588 87,816 256,306 213,606
Operating income 48,294 21,260 67,815 40,193
Other income (expense)        
Investment income 633 106 1,719 537
Interest expense (1,314) (156) (3,697) (231)
Earnings before income taxes 47,613 21,210 65,837 40,499
Income tax expense 12,632 5,647 17,352 10,574
NET EARNINGS $ 34,981 $ 15,563 $ 48,485 $ 29,925
Earnings per diluted share (in dollars per share) $ 1.81 $ 0.81 $ 2.51 $ 1.56
Weighted average number of diluted shares (in shares) 19,327 19,234 19,299 19,198
Earnings per basic share (in dollars per share) $ 1.82 $ 0.81 $ 2.52 $ 1.56
Weighted average number of basic shares (in shares) 19,257 19,174 19,239 19,131