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Basis of Presentation</b></p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">&nbsp;</p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">The accompanying condensed consolidated financial statements include MSC Industrial Direct Co., Inc. ("MSC") and all of its subsidiaries (hereinafter referred to collectively as the "Company"). All intercompany balances and transactions have been eliminated in consolidation.</p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">&nbsp;</p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">The unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation (consisting of normal recurring adjustments) have been included. Operating results for the thirteen week period ended December 1, 2012 are not necessarily indicative of the results that may be expected for the fiscal year ending August 31, 2013. For further information, refer to the financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended September 1, 2012.</p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">&nbsp;</p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">The Company's fiscal year ends on the Saturday closest to August 31 of each year. Unless the context requires otherwise, references to years contained herein pertain to the Company's fiscal year. The Company's 2013 fiscal year will be a 52-week accounting period that will end on August 31, 2013 and the 2012 fiscal year was a 53-week accounting period that ended on September 1, 2012.</p> </div> 3325000 408000 2189000 2243000 4239000 95959000 128234000 168453000 233506000 104529000 164837000 32275000 65053000 0.25 0.30 0.001 0.001 0.001 0.001 100000000 50000000 100000000 50000000 52581838 15560294 15560294 53000 16000 53000 15000 one vote per share ten votes per share one vote per share ten votes per share 59145000 63456000 293570000 312402000 <div> <div style="min-width: 708px; text-align: center;"> <h2 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: bold 10pt/12pt Times New Roman, Times, Serif; padding-top: 5pt;">Note 5. Debt and Capital Lease Obligations </h2> <h4 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 24px; padding-right: 0pt; font: italic 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">Credit Facility </h4> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">In June 2011, the Company entered into a $<font class="_mt">200,000</font> unsecured credit facility ("Credit Facility"). The Company has the right to increase the aggregate amount available to be borrowed under the Credit Facility by an additional $<font class="_mt">250,000</font>, in $<font class="_mt">50,000</font> increments, subject to lending group approval. This Credit Facility will mature on <font class="_mt">June 8, 2016</font>. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">Borrowings under the Credit Facility bear interest, at the Company's option either at (i) the LIBOR rate plus the applicable margin for LIBOR loans ranging from <font class="_mt">1.00</font>% to <font class="_mt">1.25</font>%, based on the Company's consolidated leverage ratio; or (ii) the greatest of (a) the Administrative Agent's prime rate in effect on such day, (b) the federal funds effective rate in effect on such day, plus <font class="_mt">0.50</font>% and (c) the LIBOR rate that would be calculated as of such day in respect of a proposed LIBOR loan with a one-month interest period, plus <font class="_mt">1.0</font>%, plus, in the case of each of clauses (a) through (c), an applicable margin ranging from <font class="_mt">0</font>% to <font class="_mt">0.25</font>%, based on the Company's consolidated leverage ratio. The applicable borrowing rate for the Company for any borrowings outstanding under the Credit Facility at December 1, 2012 was <font class="_mt">1.2</font>%, which represents LIBOR plus <font class="_mt">1.0</font>%. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">The Company is required to pay a quarterly undrawn fee ranging from <font class="_mt">0.15</font>% to <font class="_mt">0.20</font>% per annum on the unutilized portion of the Credit Facility, a quarterly letter of credit usage fee ranging between <font class="_mt">1.00</font>% to <font class="_mt">1.25</font>% on the amount of the daily average outstanding letters of credit, and a quarterly fronting fee of <font class="_mt">0.125</font>% per annum on the undrawn and unexpired amount of each letter of credit. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">The Credit Facility contains customary restrictions on the ability of the Company and its subsidiaries to incur debt, make investments, and engage in sales of assets and in fundamental corporate changes, among other restrictions. The Credit Facility also requires that the Company maintain a maximum consolidated leverage ratio of total indebtedness to EBITDA and a minimum consolidated interest coverage ratio of EBITDA to total interest expense during the term of the Credit Facility. Borrowings under the Credit Facility are guaranteed by certain of the Company's subsidiaries. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">As of December 1, 2012 and September 1, 2012, there were no borrowings outstanding under the Credit Facility other than letters of credit which were immaterial. At those dates, the Company was in compliance with the operating and financial covenants of the Credit Facility. </p> <h4 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 24px; padding-right: 0pt; font: italic 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">Capital Lease and Financing Obligations </h4> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">From time to time, the Company enters into capital leases and financing arrangements to purchase certain equipment. The equipment acquired from these vendors is paid over a specified period of time based on the terms agreed upon. During the thirteen week period ended December 1, 2012, the Company entered into&nbsp;a capital lease for certain information technology equipment totaling $<font class="_mt">408</font>. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">The amount due under all capital leases and financing arrangements at December 1, 2012 was approximately $<font class="_mt">3,325</font> of which $<font class="_mt">1,082</font> represents current maturities. The net book value of the property and equipment acquired under these capital leases and financing agreements at December 1, 2012 was approximately $<font class="_mt">4,239</font>.</p></div> </div> 0.0050 0.010 0.0025 0.00 0.010 0.0125 0.0100 85061000 85061000 4195000 31718000 31718000 7823000 10021000 <div> <div style="min-width: 708px; text-align: center;"> <h2 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: bold 10pt/12pt Times New Roman, Times, Serif; padding-top: 5pt;">Note 3. Stock-Based Compensation </h2> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">The Company accounts for all share-based payments in accordance with ASC Topic 718, "Compensation &#8212; Stock Compensation" ("ASC 718"). The stock-based compensation expense related to the stock option plans and the Associate Stock Purchase Plan included in operating expenses was $<font class="_mt">1,439</font> and $<font class="_mt">1,444</font> for the thirteen week periods ended December 1, 2012 and November 26, 2011, respectively. Tax benefits related to these expenses for the thirteen week periods ended December 1, 2012 and November 26, 2011 were $<font class="_mt">523</font> and $<font class="_mt">526</font>, respectively. The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions: </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;"> </p> <div style="text-align: center;"> <table style="text-align: left; padding-bottom: 3pt; text-transform: none; font-variant: normal; font-style: normal; text-indent: 0px; margin: -24pt 0pt 0pt; padding-left: 0pt; padding-right: 0pt; font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: text-bottom; font-weight: normal; padding-top: 3pt;" cellspacing="0" cellpadding="0" width="554"> <tr><td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;"> </td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="7">Thirteen Weeks Ended</td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;">&nbsp;&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">December 1, 2012</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">November 26, 2011</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Expected life (in years)</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">3.8</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">4.8</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Risk-free interest rate</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">0.55</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">1.01</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Expected volatility</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">32.86</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">35.20</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Expected dividend yield</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">1.70</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">1.70</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td></tr></table></div> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">A summary of the Company's stock option activity for the thirteen weeks ended December 1, 2012 is as follows: </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;"> </p> <div style="text-align: center;"> <table style="text-align: left; padding-bottom: 3pt; text-transform: none; font-variant: normal; font-style: normal; text-indent: 0px; margin: -24pt 0pt 0pt; padding-left: 0pt; padding-right: 0pt; font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: text-bottom; font-weight: normal; padding-top: 3pt;" cellspacing="0" cellpadding="0" width="608"> <tr><td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;"> </td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Options</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Weighted-Average Exercise Price per Share</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Weighted-Average Remaining Contractual Term<br />(in years)</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Aggregate Intrinsic<br />Value</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Outstanding on September 1, 2012</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">1,377</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">49.79</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Granted</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">355</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">69.46</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Exercised</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">(268</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">41.19</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 1pt solid; padding-left: 20pt; vertical-align: text-bottom;">Canceled</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">&#8212;</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">&#8212;</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: right; vertical-align: text-bottom;"> </td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: right; vertical-align: text-bottom;"> </td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="border-bottom: white 3px double; padding-left: 20pt; vertical-align: text-bottom;">Outstanding on December 1, 2012</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">1,464</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">56.12</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">4.86</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">24,203</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Exercisable on December 1, 2012</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">613</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">47.18</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">3.51</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">15,627</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr></table></div> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">The weighted-average grant-date fair values of the stock options granted for the thirteen week periods ended December 1, 2012 and November 26, 2011 were $<font class="_mt">15.31</font> and $<font class="_mt">17.67</font>, respectively. The unrecognized share-based compensation cost related to stock option expense at December 1, 2012 was $<font class="_mt">11,729</font> and will be recognized over a weighted average period of 1.9 years. The total intrinsic value of options exercised, which represents the difference between the exercise price and market value of common stock measured at each individual exercise date, during the thirteen week periods ended December 1, 2012 and November 26, 2011 were $<font class="_mt">8,223</font> and $<font class="_mt">6,447</font>, respectively. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">A summary of the non-vested restricted share award activity under the Company's 2005 Omnibus Incentive Plan (the "Plan") for the thirteen weeks ended December 1, 2012 is as follows: </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;"> </p> <div style="text-align: center;"> <table style="text-align: left; padding-bottom: 3pt; text-transform: none; font-variant: normal; font-style: normal; text-indent: 0px; margin: -24pt 0pt 0pt; padding-left: 0pt; padding-right: 0pt; font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: text-bottom; font-weight: normal; padding-top: 3pt;" cellspacing="0" cellpadding="0" width="554"> <tr><td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;"> </td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Shares</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Weighted- Average Grant-Date Fair Value</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Non-vested restricted share awards at September 1, 2012</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">535</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">52.37</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Granted</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">121</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">69.46</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Vested</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">(141</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">43.59</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 1pt solid; padding-left: 20pt; vertical-align: text-bottom;">Canceled/Forfeited</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(3</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">53.72</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Non-vested restricted share awards at December 1, 2012</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">512</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">58.81</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr></table></div> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">Stock-based compensation expense recognized for the restricted share awards was $<font class="_mt">2,285</font> and $<font class="_mt">1,855</font> for the thirteen week periods ended December 1, 2012 and November 26, 2011, respectively. The unrecognized compensation cost related to restricted share awards granted under the Plan at December 1, 2012 was $<font class="_mt">20,481</font> and will be recognized over a weighted average period of 2.5 years. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">In October 2010, the Compensation Committee of the Board of Directors of the Company approved the grant of a Restricted Stock Unit Award ("RSU Award") to the Company's former Chief Executive Officer in connection with an overall approach to succession planning. The RSU Award covers&nbsp;<font class="_mt">183</font> shares and provides for vesting in&nbsp;<font class="_mt">two</font> installments, contingent on both performance and service conditions of the RSU Award. The performance condition was satisfied based on fiscal year 2011 performance. The value of each restricted stock unit is equal to the fair market value of one share of the Company's Class A Common Stock on the date of the grant. All restricted stock units that vest, including dividend equivalent units on the vested portion of the grant, will be settled in shares of the Company. For the thirteen week period ended December 1, 2012, dividend equivalents covering&nbsp;<font class="_mt">1</font> share were granted with a weighted average grant date fair value of $<font class="_mt">70.06</font>. As of December 1, 2012, there were&nbsp;<font class="_mt">193</font> unvested restricted stock units outstanding, with a weighted-average grant date fair value of $<font class="_mt">54.97</font> per underlying share. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">Stock-based compensation expense recognized for the restricted stock units was $<font class="_mt">529</font> for each of the thirteen week periods ended December 1, 2012 and November 26, 2011. The unrecognized compensation cost related to the restricted stock units at December 1, 2012 was $<font class="_mt">5,497</font> and is expected to be recognized over a period of 2.9 years.</p></div> </div> 119000 117000 2012-12-27 18948000 15746000 18907000 14374000 4533000 14374000 4533000 0.30 2012-12-17 0.95 1.01 0.95 1.00 <div> <div style="min-width: 708px; text-align: center;"> <h2 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: bold 10pt/12pt Times New Roman, Times, Serif; padding-top: 5pt;">Note 2. Net Income per Share </h2> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">The following table sets forth the computation of basic and diluted net income per common share under the two-class method in accordance with Accounting Standards Codification^TM ("ASC") Topic 260, "Earnings Per Share": </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;"> </p> <div style="text-align: center;"> <table style="text-align: left; padding-bottom: 3pt; text-transform: none; font-variant: normal; font-style: normal; text-indent: 0px; margin: -24pt 0pt 0pt; padding-left: 0pt; padding-right: 0pt; font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: text-bottom; font-weight: normal; padding-top: 3pt;" cellspacing="0" cellpadding="0" width="554"> <tr><td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;"> </td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="7">Thirteen Weeks Ended</td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;">&nbsp;&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">December 1, 2012</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">November 26, 2011</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Net income as reported</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">63,187</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">59,837</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Less: Distributed net income available to participating securities</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">(117</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">(119</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 1pt solid; padding-left: 20pt; vertical-align: text-bottom;">Less: Undistributed net income available to participating securities</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(343</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(418</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Numerator for basic net income per share:<br /></td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Undistributed and distributed net income available to common shareholders</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">62,727</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">59,300</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Add: Undistributed net income allocated to participating securities</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">343</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">418</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 1pt solid; padding-left: 20pt; vertical-align: text-bottom;">Less: Undistributed net income reallocated to participating securities</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(342</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(416</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Numerator for diluted net income per share:<br /></td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Undistributed and distributed net income available to common shareholders</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">62,728</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">59,302</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Denominator:<br /></td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Weighted average shares outstanding for basic net income per share</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">62,378</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">62,285</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="border-bottom: white 1pt solid; padding-left: 10pt; vertical-align: text-bottom;">Effect of dilutive securities</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">323</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">342</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Weighted average shares outstanding for diluted net income per share</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">62,701</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">62,627</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Net income per share Two-class method:<br /></td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Basic</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">1.01</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">0.95</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Diluted</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">1.00</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">0.95</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr></table></div> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">Antidilutive stock options (of&nbsp;<font class="_mt">0</font> and&nbsp;<font class="_mt">310</font> shares at December 1, 2012 and November 26, 2011, respectively) were not included in the computation of diluted earnings per share.</p></div> </div> -91000 31000 20481000 5497000 11729000 P2Y6M P2Y10M24D P1Y10M24D 526000 523000 2784000 3451000 2784000 3451000 <div> <div style="min-width: 708px; text-align: center;"> <h2 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: bold 10pt/12pt Times New Roman, Times, Serif; padding-top: 5pt;">Note 4. Fair Value </h2> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">Fair value accounting standards define fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The following fair value hierarchy prioritizes the inputs used to measure fair value into three levels, with Level 1 being of the highest priority. The three levels of inputs used to measure fair value are as follows: </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 24px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;"><b>Level 1</b> &#8212; Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 24px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;"><b>Level 2</b> &#8212; Include other inputs that are directly or indirectly observable in the marketplace. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 24px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;"><b>Level 3</b> &#8212; Unobservable inputs which are supported by little or no market activity. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">As of December 1, 2012 and September 1, 2012, the Company measured cash equivalents consisting of money market funds at fair value on a recurring basis for which market prices are readily available (Level 1) and that invest primarily in United States government and government agency securities and municipal bond securities, which aggregated $<font class="_mt">164,837</font> and $<font class="_mt">104,529</font>, respectively. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">The Company's financial instruments, other than those presented in the disclosure above, include cash, receivables, accounts payable, and accrued liabilities. Management believes the carrying amount of the aforementioned financial instruments is a reasonable estimate of fair value as of December 1, 2012 and September 1, 2012 due to the short-term maturity of these items. In addition, based on borrowing rates currently available to the Company for borrowings with similar terms, the carrying values of the Company's capital lease obligations also approximate fair value. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">During the thirteen weeks ended December 1, 2012 and November 26, 2011, the Company had no measurements of non-financial assets or liabilities at fair value on a non-recurring basis subsequent to their initial recognition.</p></div> </div> -1000 -60000 289124000 289124000 252133000 265089000 96824000 102327000 <div> <div style="min-width: 708px; text-align: center;"> <h2 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: bold 10pt/12pt Times New Roman, Times, Serif; padding-top: 5pt;">Note 8. Income Taxes </h2> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">During the thirteen week periods ended December 1, 2012, there were no material changes in unrecognized tax benefits.</p></div> </div> 6602000 5999000 36987000 39140000 -4843000 3425000 5442000 -7931000 16131000 -5915000 -1942000 -1073000 3775000 4161000 51212000 48546000 46000 52000 5000 393412000 387615000 50000 43000 <div> <p style="margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;"><b>Note 9. Legal Proceedings</b></p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">&nbsp;</p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">There are various claims, lawsuits, and pending actions against the Company incidental to the operation of its business. Although the outcome of these matters is currently not determinable, management does not expect that the ultimate costs to resolve these matters will have a material adverse effect on the Company's consolidated financial position, results of operations, or liquidity.</p> </div> 257765000 260339000 1444876000 1507953000 170515000 173035000 200000000 2016-06-08 0.012 0.0020 0.0015 1007000 1082000 -4309000 -7354000 -9517000 -16993000 46192000 89369000 59837000 63187000 63187000 59300000 62727000 59302000 62728000 <div> <div style="min-width: 708px; text-align: center;"> <h2 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: bold 10pt/12pt Times New Roman, Times, Serif; padding-top: 5pt;">Note 10. Recently Issued Accounting Standards </h2> <h4 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 24px; padding-right: 0pt; font: italic 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">Testing Indefinite-lived Intangible Assets for Impairment </h4> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">In July 2012, the Financial Accounting Standards Board issued an accounting standard update which allows an entity the option to first assess qualitative factors to determine whether the existence of events and circumstances indicates that it is not more likely than not that the indefinite-lived intangible asset is impaired. An entity no longer will be required to perform the quantitative impairment test of indefinite-lived intangible assets, if after it assesses that the totality of events and circumstances, the entity concludes that it is not more likely than not that the indefinite-lived intangible asset is impaired. The guidance is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. The Company does not anticipate that the adoption of the new guidance will have any impact on its financial position, results of operations or cash flows.</p></div> </div> -25000 155309000 162737000 96824000 102352000 9832000 8061000 -692000 269000 269000 -4000 -16000 3331000 3506000 15746000 18907000 1246000 8271000 16993000 0.001 0.001 5000000 5000000 0 0 0 0 29313000 33480000 814000 10567000 11024000 739000 863000 <div> <p style="margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;"><b>Note 7. Product Warranties</b></p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">&nbsp;</p> <p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt Times New Roman, Times, Serif;">The Company generally offers a maximum one-year warranty, including parts and labor, for some of its machinery products. The specific terms and conditions of those warranties vary depending upon the product sold. The Company may be able to recoup some of these costs through product warranties it holds with its original equipment manufacturers, which typically range from thirty to ninety days. In general, many of the Company's general merchandise products are covered by third party original equipment manufacturers' warranties. The Company's warranty expense for the thirteen week periods ended December 1, 2012 and November 26, 2011 was minimal.</p> </div> 174597000 187615000 1541000 1116000 136000 279000 970965000 1015187000 545703000 577491000 <div> <table style="text-align: left; padding-bottom: 3pt; text-transform: none; font-variant: normal; font-style: normal; text-indent: 0px; margin: -24pt 0pt 0pt; padding-left: 0pt; padding-right: 0pt; font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: text-bottom; font-weight: normal; padding-top: 3pt;" cellspacing="0" cellpadding="0" width="554"> <tr><td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;"> </td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="7">Thirteen Weeks Ended</td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;">&nbsp;&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">December 1, 2012</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">November 26, 2011</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Net income as reported</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">63,187</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">59,837</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Less: Distributed net income available to participating securities</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">(117</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">(119</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 1pt solid; padding-left: 20pt; vertical-align: text-bottom;">Less: Undistributed net income available to participating securities</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(343</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(418</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Numerator for basic net income per share:<br /></td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Undistributed and distributed net income available to common shareholders</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">62,727</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">59,300</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Add: Undistributed net income allocated to participating securities</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">343</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">418</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 1pt solid; padding-left: 20pt; vertical-align: text-bottom;">Less: Undistributed net income reallocated to participating securities</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(342</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(416</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Numerator for diluted net income per share:<br /></td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Undistributed and distributed net income available to common shareholders</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">62,728</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">59,302</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Denominator:<br /></td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Weighted average shares outstanding for basic net income per share</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">62,378</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">62,285</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="border-bottom: white 1pt solid; padding-left: 10pt; vertical-align: text-bottom;">Effect of dilutive securities</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">323</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">342</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Weighted average shares outstanding for diluted net income per share</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">62,701</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">62,627</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Net income per share Two-class method:<br /></td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Basic</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">1.01</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">0.95</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Diluted</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">1.00</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">0.95</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr></table> </div> <div> <table style="text-align: left; padding-bottom: 3pt; text-transform: none; font-variant: normal; font-style: normal; text-indent: 0px; margin: -24pt 0pt 0pt; padding-left: 0pt; padding-right: 0pt; font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: text-bottom; font-weight: normal; padding-top: 3pt;" cellspacing="0" cellpadding="0" width="554"> <tr><td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;"> </td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Shares</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Weighted- Average Grant-Date Fair Value</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Non-vested restricted share awards at September 1, 2012</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">535</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">52.37</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Granted</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">121</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">69.46</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Vested</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">(141</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">43.59</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 1pt solid; padding-left: 20pt; vertical-align: text-bottom;">Canceled/Forfeited</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">(3</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">53.72</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Non-vested restricted share awards at December 1, 2012</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">512</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">58.81</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr></table> </div> <div> <table style="text-align: left; padding-bottom: 3pt; text-transform: none; font-variant: normal; font-style: normal; text-indent: 0px; margin: -24pt 0pt 0pt; padding-left: 0pt; padding-right: 0pt; font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: text-bottom; font-weight: normal; padding-top: 3pt;" cellspacing="0" cellpadding="0" width="608"> <tr><td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;"> </td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Options</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Weighted-Average Exercise Price per Share</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Weighted-Average Remaining Contractual Term<br />(in years)</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">Aggregate Intrinsic<br />Value</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Outstanding on September 1, 2012</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">1,377</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="text-align: right; vertical-align: text-bottom;">49.79</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Granted</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">355</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">69.46</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 20pt; vertical-align: text-bottom;">Exercised</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">(268</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">)&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">41.19</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">&nbsp;&nbsp;</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 1pt solid; padding-left: 20pt; vertical-align: text-bottom;">Canceled</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">&#8212;</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: right; vertical-align: text-bottom;">&#8212;</td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: right; vertical-align: text-bottom;"> </td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 1pt solid; text-align: right; vertical-align: text-bottom;"> </td> <td style="border-bottom: white 1pt solid; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="border-bottom: white 3px double; padding-left: 20pt; vertical-align: text-bottom;">Outstanding on December 1, 2012</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">1,464</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">56.12</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">4.86</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">24,203</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: white;"><td style="border-bottom: white 3px double; padding-left: 10pt; vertical-align: text-bottom;">Exercisable on December 1, 2012</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">613</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">47.18</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">3.51</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: white 3px double; text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 3px double; text-align: left; width: 6px; vertical-align: text-bottom;">$</td> <td style="border-bottom: black 3px double; text-align: right; vertical-align: text-bottom;">15,627</td> <td style="border-bottom: white 3px double; text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr></table> </div> <div> <table style="text-align: left; padding-bottom: 3pt; text-transform: none; font-variant: normal; font-style: normal; text-indent: 0px; margin: -24pt 0pt 0pt; padding-left: 0pt; padding-right: 0pt; font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: text-bottom; font-weight: normal; padding-top: 3pt;" cellspacing="0" cellpadding="0" width="554"> <tr><td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td> <td style="border-bottom: medium none; text-align: center; width: 12px; vertical-align: text-bottom;">&nbsp;</td> <td colspan="3"> </td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;"> </td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="7">Thirteen Weeks Ended</td></tr> <tr><td style="text-align: left; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;">&nbsp;&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">December 1, 2012</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="border-bottom: black 1pt solid; text-align: center; line-height: normal; font-size: 8pt; vertical-align: text-bottom; font-weight: bold;" colspan="3">November 26, 2011</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Expected life (in years)</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">3.8</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">4.8</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Risk-free interest rate</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">0.55</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">1.01</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td></tr> <tr style="background-color: white;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Expected volatility</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">32.86</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">35.20</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td></tr> <tr style="background-color: #ccffcc;"><td style="padding-left: 10pt; vertical-align: text-bottom;">Expected dividend yield</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">1.70</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td> <td style="text-align: center; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: left; width: 6px; vertical-align: text-bottom;">&nbsp;</td> <td style="text-align: right; vertical-align: text-bottom;">1.70</td> <td style="text-align: left; white-space: nowrap; vertical-align: text-bottom;">%&nbsp;</td></tr></table> </div> 3828000 1855000 529000 1444000 4253000 2285000 529000 1439000 3000 53.72 121000 1000 69.46 70.06 535000 512000 193000 52.37 58.81 54.97 141000 43.59 0.0170 P4Y9M18D P3Y9M18D 0.3520 0.0101 15627000 613000 47.18 P3Y6M4D 6447000 8223000 183000 355000 17.67 15.31 24203000 1377000 1464000 49.79 56.12 P4Y10M10D 41.19 69.46 5342000 52582000 15560000 5378000 53478000 15050000 1187111000 -2443000 483682000 970965000 -265162000 53000 16000 1247614000 -2174000 502713000 1015187000 -268180000 53000 15000 <div> <div style="min-width: 708px; text-align: center;"> <h2 style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 0pt; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: bold 10pt/12pt Times New Roman, Times, Serif; padding-top: 5pt;">Note 6. Shareholders' Equity </h2> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">The Company paid cash dividends of $<font class="_mt">18,907</font> for the thirteen weeks ended December 1, 2012. For the thirteen weeks ended November 26, 2011, the Company paid cash dividends of $<font class="_mt">15,746</font>. On December 6, 2012, the Board of Directors declared an accelerated quarterly cash dividend of $<font class="_mt">0.30</font> per share payable on&nbsp;<font class="_mt">December 27, 2012</font> to shareholders of record at the close of business on <font class="_mt">December 17, 2012</font>. This accelerated quarterly dividend was intended to be in lieu of the quarterly dividend which would have been payable in January 2013. This dividend resulted in a payout of $<font class="_mt">18,948</font>. </p> <p style="text-align: left; padding-bottom: 3pt; text-transform: none; text-indent: 20px; margin: 0pt; padding-left: 4px; padding-right: 0pt; font: 10pt/12pt Times New Roman, Times, Serif; padding-top: 3pt;">The Board of Directors established the MSC Stock Repurchase Plan (the "Plan") which allows the Company to repurchase shares at any time and in any increments it deems appropriate in accordance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended. During the thirteen week period ending December 1, 2012, the Company repurchased&nbsp;<font class="_mt">49</font> shares of its Class A common stock for $<font class="_mt">3,506</font>, which is reflected at cost as treasury stock in the accompanying condensed consolidated financial statements. These shares were repurchased by the Company to satisfy the Company's associates' tax withholding liability associated with its shares-based compensation program. As of December 1, 2012, the maximum number of shares that may yet be repurchased under the Plan was&nbsp;<font class="_mt">4,384</font> shares.</p></div> </div> 13000 510000 -510000 118000 268000 268000 863000 375000 488000 58000 -58000 14345000 14345000 -1000 -1000 4384000 5342091 49000 49000 265162000 268180000 3506000 3506000 3506000 418000 343000 342000 323000 62627000 62701000 62285000 62378000