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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 24, 2020
May 26, 2019
May 24, 2020
May 26, 2019
Income Statement [Abstract]        
Net revenues $ 497,542 $ 1,312,940 $ 2,003,668 $ 2,747,398
Cost of goods sold 327,890 612,517 994,689 1,264,167
Gross profit 169,652 700,423 1,008,979 1,483,231
Selling, general and administrative expenses 550,525 637,525 1,211,070 1,219,421
Restructuring charges 67,371 0 67,371 0
Operating income (loss) (448,244) 62,898 (269,462) 263,810
Interest expense (11,246) (15,126) (27,900) (32,670)
Underwriter commission paid on behalf of selling stockholders 0 24,860 0 24,860
Other income, net 1,305 3,166 4,005 1,520
Income (loss) before income taxes (458,185) 26,078 (293,357) 207,800
Income tax (benefit) expense (94,636) (2,429) (82,497) 32,842
Net income (loss) (363,549) 28,507 (210,860) 174,958
Net income attributable to noncontrolling interest 0 (277) 0 (151)
Net income (loss) attributable to Levi Strauss & Co. $ (363,549) $ 28,230 $ (210,860) $ 174,807
Earnings (loss) per common share attributable to common stockholders:        
Basic (usd per share) $ (0.91) $ 0.07 $ (0.53) $ 0.46
Diluted (usd per share) $ (0.91) $ 0.07 $ (0.53) $ 0.44
Weighted-average common shares outstanding:        
Basic (in shares) 397,484,849 389,518,461 396,832,024 383,278,398
Diluted (in shares) 397,484,849 409,332,997 396,832,024 401,405,411