QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Nov. 27, 2016

Quarterly Financial Information Disclosure [Abstract]

Schedule of quarterly financial information

Set forth below are the consolidated statements of operations for the first, second, third and fourth quarters of 2016 and 2015.

Year Ended November 27, 2016	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(Dollars in thousands)
Net revenues	$	1,056,500		$	1,011,587		$	1,185,111		$	1,299,541
Cost of goods sold		496,902			494,389			592,305			640,131
Gross profit		559,598			517,198			592,806			659,410
Selling, general and administrative expenses		441,163			459,351			448,525			517,454
Restructuring, net		1,848			(191	)		(627	)		(718	)
Operating income		116,587			58,038			144,908			142,674
Interest expense		(14,902	)		(20,411	)		(19,170	)		(18,687	)
Other (expense) income, net		(2,219	)		4,295			4,679			11,468
Income before income taxes		99,466			41,922			130,417			135,455
Income tax expense		33,175			10,862			32,713			39,301
Net income		66,291			31,060			97,704			96,154
Net (income) loss attributable to noncontrolling interest		(455	)		(335	)		614			19
Net income attributable to Levi Strauss & Co.	$	65,836		$	30,725		$	98,318		$	96,173

Year Ended November 29, 2015	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(Dollars in thousands)
Net revenues	$	1,055,075		$	1,012,180		$	1,142,012		$	1,285,226
Cost of goods sold		518,010			511,949			568,655			626,898
Gross profit		537,065			500,231			573,357			658,328
Selling, general and administrative expenses		425,282			449,662			454,530			494,389
Restructuring, net		4,338			2,954			4,054			2,725
Operating income		107,445			47,615			114,773			161,214
Interest expense		(23,312	)		(21,913	)		(17,138	)		(18,851	)
Loss on early extinguishment of debt		—			(14,002	)		—			—
Other (expense) income, net		(26,028	)		7,639			(8,316	)		1,272
Income before income taxes		58,105			19,339			89,319			143,635
Income tax expense		19,822			7,887			30,858			41,940
Net income		38,283			11,452			58,461			101,695
Net loss (income) attributable to noncontrolling interest		109			239			(286	)		(517	)
Net income attributable to Levi Strauss & Co.	$	38,392		$	11,691		$	58,175		$	101,178