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Condensed Consolidated Statements of Income and Retained Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 26, 2017
Aug. 27, 2016
Aug. 26, 2017
Aug. 27, 2016
Sales revenue:        
Furniture and accessories $ 100,152 $ 91,465 $ 294,144 $ 276,857
Logistics 14,109 13,247 40,134 41,395
Total sales revenue 114,261 104,712 334,278 318,252
Cost of furniture and accessories sold 45,320 40,091 132,199 124,496
Selling, general and administrative expenses excluding new store pre-opening costs 61,373 56,800 180,972 173,845
New store pre-opening costs 308 281 1,583 727
Income from operations 7,260 7,540 19,524 19,184
Gain on sale of investment 3,267
Impairment of investment in real estate (1,084)
Other loss, net (583) (647) (1,994) (1,904)
Income before income taxes 6,677 6,893 19,713 17,280
Income tax expense 2,098 2,728 6,431 6,496
Net income 4,579 4,165 13,282 10,784
Retained earnings-beginning of period 135,947 125,563 129,388 120,904
Cash dividends (1,181) (1,093) (3,325) (3,053)
Retained earnings-end of period $ 139,345 $ 128,635 $ 139,345 $ 128,635
Basic earnings per share (in dollars per share) $ 0.43 $ 0.39 $ 1.25 $ 1
Diluted earnings per share (in dollars per share) 0.43 0.38 1.24 0.99
Dividends per share (in dollars per share) $ 0.11 $ 0.10 $ 0.31 $ 0.28