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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May 30, 2020
Jun. 01, 2019
May 30, 2020
Jun. 01, 2019
Net revenue $ 674,602 $ 759,583 $ 1,321,166 $ 1,432,518
Cost of sales (489,701) (541,124) (966,003) (1,034,134)
Gross profit 184,901 218,459 355,163 398,384
Selling, general and administrative expenses (127,998) (146,079) (269,507) (291,792)
Other income, net (3,049) (2,986) (8,018) (6,351)
Interest expense (21,644) (26,940) (44,401) (53,747)
Interest income 2,898 3,023 5,816 6,076
Income before income taxes and income from equity method investments 41,206 51,449 55,089 65,272
Income taxes (11,471) (16,441) (17,082) (19,581)
Income from equity method investments 1,893 1,633 3,527 3,198
Net income including non-controlling interest 31,628 36,641 41,534 48,889
Net income attributable to non-controlling interest (15) 0 (26) (4)
Net income attributable to H.B. Fuller $ 31,613 $ 36,641 $ 41,508 $ 48,885
Basic (in dollars per share) $ 0.61 $ 0.72 $ 0.80 $ 0.96
Diluted (in dollars per share) $ 0.61 $ 0.70 $ 0.79 $ 0.94
Weighted-average common shares outstanding:        
Basic (in shares) 51,420 50,902 51,874 50,827
Diluted (in shares) 52,029 52,105 52,305 52,003
Dividends declared per common share (in dollars per share) $ 0.1625 $ 0.160 $ 0.3225 $ 0.315