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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Feb. 25, 2023
Feb. 26, 2022
Feb. 25, 2023
Feb. 26, 2022
Revenues $ 542,691 $ 486,696 $ 1,084,489 $ 972,860
Operating expenses:        
Cost of revenues [1] 369,896 324,816 723,868 634,946
Selling and administrative expenses [1] 122,190 112,406 239,553 216,794
Depreciation and amortization 29,895 26,861 56,940 53,717
Total operating expenses 521,981 464,083 1,020,361 905,457
Operating income 20,710 22,613 64,128 67,403
Other (income) expense:        
Interest income, net (3,031) (751) (5,800) (1,399)
Other expense, net 114 594 905 1,330
Total other income, net (2,917) (157) (4,895) (69)
Income before income taxes 23,627 22,770 69,023 67,472
Provision for income taxes 5,817 4,319 17,256 15,316
Net income $ 17,810 $ 18,451 $ 51,767 $ 52,156
Income per share – Diluted:        
Common stock (in dollars per share) $ 0.95 $ 0.97 $ 2.76 $ 2.75
Income allocated to – Basic:        
Common Stock $ 17,810 $ 18,451 $ 51,767 $ 52,156
Income allocated to – Diluted:        
Common stock $ 17,810 $ 18,451 $ 51,767 $ 52,156
Weighted average shares outstanding – Basic:        
Common stock (in shares) 18,677 18,845 18,674 18,860
Weighted average shares outstanding – Diluted:        
Common stock (in shares) 18,767 18,967 18,757 18,999
Common Stock        
Income per share – Basic:        
Common stock (in dollars per share) $ 0.99 $ 1.02 $ 2.88 $ 2.88
Income allocated to – Basic:        
Common Stock $ 14,962 $ 15,492 $ 43,488 $ 43,792
Income allocated to – Diluted:        
Common stock $ 17,810 $ 18,451 $ 51,767 $ 52,156
Weighted average shares outstanding – Basic:        
Common stock (in shares) 15,087 15,210 15,084 15,225
Class B Common Stock        
Income per share – Basic:        
Common stock (in dollars per share) $ 0.79 $ 0.81 $ 2.31 $ 2.30
Income allocated to – Basic:        
Common Stock $ 2,848 $ 2,959 $ 8,279 $ 8,364
Weighted average shares outstanding – Basic:        
Common stock (in shares) 3,590 3,635 3,590 3,635
[1] Exclusive of depreciation on the Company’s property, plant and equipment and amortization on its intangible assets.