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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Feb. 24, 2018
Feb. 25, 2017
Feb. 24, 2018
Feb. 25, 2017
Revenues $ 419,264 $ 391,427 $ 835,042 $ 777,535
Operating expenses:        
Cost of revenues [1] 265,400 249,280 519,050 488,045
Selling and administrative expenses [1] 88,648 84,861 176,158 164,307
Depreciation and amortization 23,264 21,140 45,971 43,280
Total operating expenses 377,312 355,281 741,179 695,632
Operating income 41,952 36,146 93,863 81,903
Other (income) expense:        
Interest income, net (1,430) (1,120) (2,706) (1,921)
Other (income) expense, net (186) (108) (32) 386
Total other income, net (1,616) (1,228) (2,738) (1,535)
Income before income taxes 43,568 37,374 96,601 83,438
(Benefit) provision for income taxes (14,810) 14,858 4,017 32,708
Net income $ 58,378 $ 22,516 $ 92,584 $ 50,730
Income per share – Diluted:        
Common Stock (in dollars per share) $ 2.85 $ 1.10 $ 4.53 $ 2.49
Income allocated to – Basic:        
Common Stock $ 58,378 $ 22,516 $ 92,584 $ 50,730
Income allocated to – Diluted:        
Common Stock $ 58,378 $ 22,362 $ 92,584 $ 50,381
Weighted average number of shares outstanding – Basic:        
Common Stock (in shares) 20,297 20,290 20,287 20,281
Weighted average number of shares outstanding – Diluted:        
Common Stock (in shares) 20,463 20,263 20,434 20,250
Common Stock        
Income per share – Basic:        
Common Stock (in dollars per share) $ 3.02 $ 1.17 $ 4.79 $ 2.63
Income allocated to – Basic:        
Common Stock $ 46,744 $ 17,836 $ 74,126 $ 40,178
Weighted average number of shares outstanding – Basic:        
Common Stock (in shares) 15,481 15,305 15,471 15,295
Dividends per share:        
Common Stock (in dollars per share) $ 0.0375 $ 0.0375 $ 0.075 $ 0.075
Class B Common Stock        
Income per share – Basic:        
Common Stock (in dollars per share) $ 2.42 $ 0.93 $ 3.83 $ 2.10
Income allocated to – Basic:        
Common Stock $ 11,634 $ 4,518 $ 18,458 $ 10,184
Weighted average number of shares outstanding – Basic:        
Common Stock (in shares) 4,816 4,846 4,816 4,846
Dividends per share:        
Common Stock (in dollars per share) $ 0.03 $ 0.03 $ 0.06 $ 0.06
[1] Exclusive of depreciation on the Company’s property, plant and equipment and amortization on its intangible assets.