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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2019
Sep. 01, 2018
Aug. 31, 2019
Sep. 01, 2018
Net revenue $ 725,376 $ 770,107 $ 2,157,894 $ 2,272,573
Cost of sales (518,055) (555,077) (1,552,189) (1,651,844)
Gross profit 207,321 215,030 605,705 620,729
Selling, general and administrative expenses (140,615) (147,739) (432,407) (447,335)
Other income, net (22,762) (2,469) (29,113) (15,120)
Interest expense (25,607) (27,858) (79,354) (83,420)
Interest income 3,115 2,934 9,191 8,769
Income before income taxes and income from equity method investments 66,976 44,836 132,248 113,863
Income taxes (19,321) (9,300) (38,902) 9,844
Income from equity method investments 2,075 2,200 5,273 6,160
Net income including non-controlling interest 49,730 37,736 98,619 129,867
Net income attributable to non-controlling interest (12) (6) (16) (4)
Net income attributable to H.B. Fuller $ 49,718 $ 37,730 $ 98,603 $ 129,863
Basic (in dollars per share) $ 0.98 $ 0.75 $ 1.94 $ 2.57
Diluted (in dollars per share) $ 0.97 $ 0.72 $ 1.90 $ 2.50
Basic (in shares) 50,939 50,632 50,864 50,551
Diluted (in shares) 51,502 52,138 51,836 51,961
Dividends declared per common share (in dollars per share) $ 0.160 $ 0.155 $ 0.475 $ 0.460