XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Aug. 26, 2022
Aug. 27, 2021
Aug. 26, 2022
Aug. 27, 2021
Revenue $ 863.3 $ 724.8 $ 1,604.0 $ 1,281.4
Cost of sales 612.5 518.0 1,160.7 919.9
Gross profit 250.8 206.8 442.4 361.5
Operating expenses 221.4 172.9 422.3 359.4
Operating income 28.9 33.9 16.3 2.1
Interest expense (7.2) (6.4) (13.6) (12.8)
Investment income 0.3 0.1 0.4 0.3
Other income, net 4.4 1.8 7.5 1.0
Income (loss) before income tax expense (benefit) 26.4 29.4 10.6 (9.4)
Income tax expense (benefit) 6.8 4.7 2.4 (6.0)
Net income (loss) $ 19.6 $ 24.7 $ 8.2 $ (3.4)
Earnings per share        
Basic $ 0.17 $ 0.21 $ 0.07 $ (0.03)
Diluted 0.17 0.21 0.07 (0.03)
Dividends declared and paid per common share $ 0.145 $ 0.145 $ 0.290 $ 0.245
Cost of Sales        
Restructuring costs $ 0.0 $ 0.0 $ 0.9 $ 0.0
Operating Expense        
Restructuring costs $ 0.5 $ 0.0 $ 3.8 $ 0.0