XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Income and Retained Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 26, 2018
May 27, 2017
May 26, 2018
May 27, 2017
Sales revenue:        
Sales revenues $ 116,980 $ 114,125 $ 227,252 $ 220,017
Cost of furniture and accessories sold 45,660 44,981 88,929 86,879
Selling, general and administrative expenses excluding new store pre-opening costs 65,456 61,075 129,707 119,599
New store pre-opening costs 201 469 903 1,275
Income from operations 5,663 7,600 7,713 12,264
Gain on sale of investment 3,267 3,267
Impairment of investment in real estate (1,084) (1,084)
Other loss, net (233) (678) (860) (1,411)
Income before income taxes 5,430 9,105 6,853 13,036
Income tax expense 1,141 3,263 3,477 4,333
Net income 4,289 5,842 3,376 8,703
Retained earnings-beginning of period 137,827 131,178 139,378 129,388
Reclassification of certain tax effects from accumulated other comprehensive loss 545
Cash dividends (1,182) (1,073) (2,365) (2,144)
Retained earnings-end of period $ 140,934 $ 135,947 $ 140,934 $ 135,947
Basic earnings per share (in dollars per share) $ 0.40 $ 0.55 $ 0.32 $ 0.82
Diluted earnings per share (in dollars per share) 0.40 0.54 0.31 0.81
Dividends per share (in dollars per share) $ 0.11 $ 0.10 $ 0.22 $ 0.20
Furniture and Accessories [Member]        
Sales revenue:        
Sales revenues $ 102,675 $ 100,294 $ 198,798 $ 193,992
Logistical Services [Member]        
Sales revenue:        
Sales revenues $ 14,305 $ 13,831 $ 28,454 $ 26,025