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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Feb. 23, 2019
Feb. 24, 2018
Feb. 23, 2019
Feb. 24, 2018
Revenues $ 437,485 $ 419,264 $ 876,035 $ 835,042
Operating expenses:        
Cost of revenues [1] 281,672 265,400 558,721 519,050
Selling and administrative expenses [1] 68,321 88,648 154,280 176,158
Depreciation and amortization 25,046 23,264 50,162 45,971
Total operating expenses 375,039 377,312 763,163 741,179
Operating income 62,446 41,952 112,872 93,863
Other (income) expense:        
Interest income, net (2,009) (1,430) (3,714) (2,706)
Other expense (income), net 1,060 (186) 1,232 (32)
Total other income, net (949) (1,616) (2,482) (2,738)
Income before income taxes 63,395 43,568 115,354 96,601
Provision (benefit) for income taxes 15,789 (14,810) 29,428 4,017
Net income $ 47,606 $ 58,378 $ 85,926 $ 92,584
Income per share – Diluted:        
Common stock (in dollars per share) $ 2.48 $ 2.85 $ 4.46 $ 4.53
Income allocated to – Basic:        
Common stock $ 47,606 $ 58,378 $ 85,926 $ 92,584
Income allocated to – Diluted:        
Common stock $ 47,606 $ 58,378 $ 85,926 $ 92,584
Weighted average number of shares outstanding – Basic:        
Common stock (in shares) 19,138 20,297 19,140 20,287
Weighted average number of shares outstanding – Diluted:        
Common stock (in shares) 19,232 20,463 19,258 20,434
Common Stock        
Income per share – Basic:        
Common stock (in dollars per share) $ 2.59 $ 3.02 $ 4.67 $ 4.79
Income allocated to – Basic:        
Common stock $ 39,923 $ 46,744 $ 72,061 $ 74,126
Weighted average number of shares outstanding – Basic:        
Common stock (in shares) 15,428 15,481 15,430 15,471
Class B Common Stock        
Income per share – Basic:        
Common stock (in dollars per share) $ 2.07 $ 2.42 $ 3.74 $ 3.83
Income allocated to – Basic:        
Common stock $ 7,683 $ 11,634 $ 13,865 $ 18,458
Weighted average number of shares outstanding – Basic:        
Common stock (in shares) 3,710 4,816 3,710 4,816
[1] Exclusive of depreciation on the Company’s property, plant and equipment and amortization on its intangible assets.