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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
May 28, 2022
May 29, 2021
May 28, 2022
May 29, 2021
Net revenue $ 993,258 $ 827,873 $ 1,849,739 $ 1,553,777
Cost of sales (739,737) (610,323) (1,383,326) (1,143,863)
Gross profit 253,521 217,550 466,413 409,914
Selling, general and administrative expenses (166,007) (148,409) (321,898) (292,423)
Other income, net 0 11,879 6,142 19,748
Interest expense (19,828) (19,942) (38,025) (40,303)
Interest income 2,091 2,530 4,030 5,189
Income before income taxes and income from equity method investments 69,777 63,608 116,662 102,125
Income taxes (23,616) (16,660) (33,765) (27,267)
Income from equity method investments 1,066 2,176 2,649 4,072
Net income including non-controlling interest 47,227 49,124 85,546 78,930
Net income attributable to non-controlling interest (24) (22) (37) (37)
Net income attributable to H.B. Fuller $ 47,203 $ 49,102 $ 85,509 $ 78,893
Earnings per share attributable to H.B. Fuller common stockholders:        
Basic (in dollars per share) $ 0.88 $ 0.93 $ 1.60 $ 1.50
Diluted (in dollars per share) $ 0.86 $ 0.90 $ 1.55 $ 1.47
Weighted-average common shares outstanding:        
Basic (in shares) 53,497 52,839 53,425 52,666
Diluted (in shares) 55,078 54,294 55,237 53,817
Dividends declared per common share (in dollars per share) $ 0.190 $ 0.168 $ 0.358 $ 0.330