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Condensed Consolidated Statements of Income and Retained Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 29, 2015
Aug. 30, 2014
Aug. 29, 2015
Aug. 30, 2014
Sales revenue:        
Furniture and accessories $ 97,107 $ 85,186 $ 286,122 $ 246,018
Logistics 13,904 29,250
Total sales revenue 111,011 $ 85,186 315,372 $ 246,018
Cost of furniture and accessories sold 44,824 40,168 133,676 115,434
Selling, general and administrative expenses excluding new store pre-opening costs 58,303 41,510 163,203 120,991
New store pre-opening costs $ 192 $ 109 236 $ 1,217
Lease exit costs 419
Asset impairment charges 106
Restructuring Charges 449
Income from operations $ 7,692 $ 3,399 17,283 $ 8,376
Remeasurement gain on acquisition of affiliate 7,212
Income from Continued Dumping & Subsidy Offset Act 1,066
Other loss, net $ (472) $ (65) (1,692) $ (52)
Income before income taxes 7,220 3,334 23,869 8,324
Income tax expense 2,954 1,078 9,118 2,674
Net income 4,266 2,256 14,751 5,650
Retained earnings-beginning of period $ 115,149 105,297 $ 106,339 104,526
Purchase and retirement of common stock (859) (2,174)
Cash dividends $ (1,029) (836) $ (2,704) (2,144)
Retained earnings-end of period $ 118,386 $ 105,858 $ 118,386 $ 105,858
Basic earnings per share (in dollars per share) $ 0.39 $ 0.22 $ 1.38 $ 0.54
Diluted earnings per share (in dollars per share) 0.39 0.21 1.36 0.53
Dividends per share (in dollars per share) $ 0.09 $ 0.08 $ 0.25 $ 0.20