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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Aug. 27, 2016
Aug. 29, 2015
Aug. 30, 2014
Net revenues $ 975,226 $ 976,505 $ 945,163
Cost of goods sold 862,577 871,625 841,166
Gross profit 112,649 104,880 103,997
Operating expenses:      
Selling 19,823 19,161 18,293
General and administrative 27,085 25,838 22,424
Impairment (gain on sale) of fixed assets 0 462 (629)
Total operating expenses 46,908 45,461 40,088
Operating income 65,741 59,419 63,909
Non-operating income 457 115 768
Income before income taxes 66,198 59,534 64,677
Provision for taxes 20,702 18,324 19,624
Net income $ 45,496 $ 41,210 $ 45,053
Income per common share:      
Basic (in dollars per share) $ 1.69 $ 1.53 $ 1.64
Diluted (in dollars per share) $ 1.68 $ 1.52 $ 1.64
Weighted average common shares outstanding:      
Basic (in shares) 26,925 26,941 27,430
Diluted (in shares) 27,033 27,051 27,545
Dividends paid per common share $ 0.40 $ 0.36 $ 0.00
Other comprehensive income (loss):      
Amortization of prior service credit (net of tax of $2,947, $2,110, and $2,068) $ (4,788) $ (3,428) $ (3,582)
Amortization of net actuarial loss (net of tax of $621, $565, and $337) 1,010 918 749
Increase in actuarial loss (net of tax of $415, $250, and $1,348) (674) (407) (2,191)
Plan amendment (net of tax of $10,895, $1,509, and $1,364) 17,701 2,451 2,216
Unrealized appreciation of investments (net of tax of $0, $0, and $91) 0 0 151
Total other comprehensive income (loss) 13,249 (466) (2,657)
Comprehensive income $ 58,745 $ 40,744 $ 42,396