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Condensed Combined and Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Nov. 27, 2016
Nov. 29, 2015
Nov. 27, 2016
Nov. 29, 2015
Condensed Combined and Consolidated Statements of Earnings        
Net sales $ 790.7 $ 740.3 $ 1,567.0 $ 1,488.1
Cost of sales 591.8 578.5 1,187.5 1,185.0
Gross profit 198.9 161.8 379.5 303.1
Selling, general and administrative expenses 73.4 52.3 129.0 109.0
Income from operations 125.5 109.5 250.5 194.1
Interest expense, net 6.8 1.5 8.3 2.8
Income before income taxes and equity method earnings 118.7 108.0 242.2 191.3
Income tax expense 33.9 38.7 84.9 71.0
Equity method investment earnings 6.2 7.7 16.8 20.2
Net income 91.0 77.0 174.1 140.5
Less: Income attributable to noncontrolling interests 3.8 3.7 7.3 5.2
Net income attributable to Lamb Weston Holdings, Inc. $ 87.2 $ 73.3 $ 166.8 $ 135.3
Earnings per share        
Basic $ 0.59 $ 0.50 $ 1.14 $ 0.92
Diluted $ 0.59 $ 0.50 $ 1.13 $ 0.92