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Condensed Consolidated Statements of Income and Retained Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 27, 2016
Aug. 29, 2015
Aug. 27, 2016
Aug. 29, 2015
Sales revenue:        
Furniture and accessories $ 91,465 $ 97,107 $ 276,857 $ 286,122
Logistics 13,247 13,904 41,395 29,250
Total sales revenue 104,712 111,011 318,252 315,372
Cost of furniture and accessories sold 40,091 44,824 124,496 133,676
Selling, general and administrative expenses excluding new store pre-opening costs 56,800 58,303 173,845 163,203
New store pre-opening costs 281 192 727 236
Lease exit costs 419
Asset impairment charges 106
Management restructuring costs 449
Income from operations 7,540 7,692 19,184 17,283
Remeasurement gain on acquisition of affiliate 7,212
Income from Continued Dumping & Subsidy Offset Act 1,066
Other loss, net (647) (472) (1,904) (1,692)
Income before income taxes 6,893 7,220 17,280 23,869
Income tax expense 2,728 2,954 6,496 9,118
Net income 4,165 4,266 10,784 14,751
Retained earnings-beginning of period 125,563 115,149 120,904 106,339
Cash dividends (1,093) (1,029) (3,053) (2,704)
Retained earnings-end of period $ 128,635 $ 118,386 $ 128,635 $ 118,386
Basic earnings per share (in dollars per share) $ 0.39 $ 0.39 $ 1 $ 1.38
Diluted earnings per share (in dollars per share) 0.38 0.39 0.99 1.36
Dividends per share (in dollars per share) $ 0.10 $ 0.09 $ 0.28 $ 0.25