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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 27, 2023
May 28, 2022
May 27, 2023
May 28, 2022
Net sales of furniture and accessories $ 100,519 $ 128,706 $ 208,217 $ 246,570
Cost of furniture and accessories sold 47,686 62,767 98,187 123,239
Gross profit 52,833 65,939 110,030 123,331
Selling, general and administrative expenses 51,366 54,927 105,861 105,841
Gain on revaluation of contingent consideration (1,013) (0) (1,013) (0)
Income from operations 2,480 11,012 5,182 17,490
Other loss, net 64 (627) (351) (1,256)
Income from continuing operations before income taxes 2,544 10,385 4,831 16,234
Income tax expense 468 2,642 1,310 4,200
Income from continuing operations 2,076 7,743 3,521 12,034
Discontinued operations:        
Income from operations of logistical services 0 0 0 1,712
Gain on disposal 0 53,254 0 53,254
Income tax expense 0 13,879 0 14,309
Income from discontinued operations, net of tax 0 39,375 0 40,657
Net income $ 2,076 $ 47,118 $ 3,521 $ 52,691
Basic earnings per share:        
Income from continuing operations (in dollars per share) $ 0.24 $ 0.81 $ 0.40 $ 1.25
Income from discontinued operations (in dollars per share) 0 4.14 0 4.22
Basic and diluted earnings per share (in dollars per share) 0.24 4.95 0.40 5.47
Diluted earnings per share:        
Income from continuing operations (in dollars per share) 0.24 0.81 0.40 1.25
Income from discontinued operations (in dollars per share) 0 4.13 0 4.22
Diluted earnings per share (in dollars per share) 0.24 4.94 0.40 5.47
Regular dividends per share (in dollars per share) 0.16 0.14 0.32 0.28
Special dividend per share (in dollars per share) $ 0 $ 1.50 $ 0 $ 1.50