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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 02, 2023
Aug. 27, 2022
Sep. 02, 2023
Aug. 27, 2022
Net revenue $ 900,634 $ 941,230 $ 2,608,055 $ 2,790,969
Cost of sales (637,162) (692,066) (1,873,000) (2,075,392)
Gross profit 263,472 249,164 735,055 715,577
Selling, general and administrative expenses (172,153) (161,210) (493,320) (483,109)
Other income, net 1,555 6,559 4,764 12,701
Interest expense (35,105) (23,450) (101,305) (61,475)
Interest income 1,128 2,139 2,726 6,170
Income before income taxes and income from equity method investments 58,897 73,202 147,920 189,864
Income taxes (22,231) (28,259) (51,255) (62,023)
Income from equity method investments 984 1,587 3,322 4,236
Net income including non-controlling interest 37,650 46,530 99,987 132,077
Net income attributable to non-controlling interest (23) (33) (71) (70)
Net income attributable to H.B. Fuller $ 37,627 $ 46,497 $ 99,916 $ 132,007
Earnings per share attributable to H.B. Fuller common stockholders:        
Basic (in dollars per share) $ 0.69 $ 0.87 $ 1.84 $ 2.47
Diluted (in dollars per share) $ 0.67 $ 0.84 $ 1.79 $ 2.39
Weighted-average common shares outstanding:        
Basic (in shares) 54,394 53,644 54,279 53,498
Diluted (in shares) 56,033 55,130 55,890 55,201
Dividends declared per common share (in dollars per share) $ 0.205 $ 0.190 $ 0.600 $ 0.548