XML 44 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
May 25, 2014
May 26, 2013
May 25, 2014
May 26, 2013
Income Statement [Abstract]        
Net revenues $ 1,081,847 $ 1,098,898 $ 2,211,837 $ 2,245,576
Cost of goods sold 551,542 550,187 1,105,179 1,104,987
Gross profit 530,305 548,711 1,106,658 1,140,589
Selling, general and administrative expenses 446,072 449,074 870,834 859,497
Restructuring Charges 19,105 0 77,040 0
Operating income 65,128 99,637 158,784 281,092
Interest expense (31,310) (32,883) (63,139) (65,040)
Loss on early extinguishment of debt (11,151) (575) (11,151) (689)
Other income (expense), net (6,122) (830) (1,939) 5,236
Income before income taxes 16,545 65,349 82,555 220,599
Income tax expense 5,556 17,140 21,943 65,515
Net income 10,989 48,209 60,612 155,084
Net loss (income) attributable to noncontrolling interest 469 (60) 817 85
Net income attributable to Levi Strauss & Co. $ 11,458 $ 48,149 $ 61,429 $ 155,169