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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 03, 2023
May 28, 2022
Jun. 03, 2023
May 28, 2022
Net revenue $ 898,239 $ 993,258 $ 1,707,421 $ 1,849,739
Cost of sales (641,464) (739,737) (1,235,838) (1,383,326)
Gross profit 256,775 253,521 471,583 466,413
Selling, general and administrative expenses (166,625) (166,007) (321,167) (321,898)
Other income, net 605 0 3,209 6,142
Interest expense (33,131) (19,828) (66,200) (38,025)
Interest income 932 2,091 1,599 4,030
Income before income taxes and income from equity method investments 58,556 69,777 89,024 116,662
Income taxes (19,291) (23,616) (29,024) (33,765)
Income from equity method investments 1,157 1,066 2,338 2,649
Net income including non-controlling interest 40,422 47,227 62,338 85,546
Net income attributable to non-controlling interest (21) (24) (48) (37)
Net income attributable to H.B. Fuller $ 40,401 $ 47,203 $ 62,290 $ 85,509
Earnings per share attributable to H.B. Fuller common stockholders:        
Basic (in dollars per share) $ 0.74 $ 0.88 $ 1.15 $ 1.60
Diluted (in dollars per share) $ 0.73 $ 0.86 $ 1.12 $ 1.55
Weighted-average common shares outstanding:        
Basic (in shares) 54,269 53,497 54,222 53,425
Diluted (in shares) 55,717 55,078 55,818 55,237
Dividends declared per common share (in dollars per share) $ 0.205 $ 0.190 $ 0.395 $ 0.358