XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 26, 2018
May 27, 2017
May 26, 2018
May 27, 2017
Revenues $ 427,384 $ 409,834 $ 1,262,426 $ 1,187,369
Operating expenses:        
Cost of revenues [1] 267,146 255,824 786,196 743,869
Selling and administrative expenses [1] 88,350 93,077 264,508 257,384
Depreciation and amortization 24,801 22,162 70,772 65,442
Total operating expenses 380,297 371,063 1,121,476 1,066,695
Operating income 47,087 38,771 140,950 120,674
Other (income) expense:        
Interest income, net (1,189) (809) (3,895) (2,730)
Other expense, net 484 218 452 604
Total other income, net (705) (591) (3,443) (2,126)
Income before income taxes 47,792 39,362 144,393 122,800
Provision for income taxes 11,433 15,000 15,450 47,708
Net income $ 36,359 $ 24,362 $ 128,943 $ 75,092
Income per share – Diluted:        
Common Stock (in dollars per share) $ 1.85 $ 1.19 $ 6.39 $ 3.68
Income allocated to – Basic:        
Common Stock $ 36,359 $ 24,362 $ 128,943 $ 75,092
Income allocated to – Diluted:        
Common Stock $ 36,359 $ 24,199 $ 128,943 $ 74,581
Weighted average number of shares outstanding – Basic:        
Common Stock (in shares) 19,533 20,308 20,036 20,290
Weighted average number of shares outstanding – Diluted:        
Common Stock (in shares) 19,687 20,279 20,178 20,254
Common Stock        
Income per share – Basic:        
Common Stock (in dollars per share) $ 1.94 $ 1.26 $ 6.75 $ 3.89
Income allocated to – Basic:        
Common Stock $ 30,034 $ 19,307 $ 104,324 $ 59,486
Weighted average number of shares outstanding – Basic:        
Common Stock (in shares) 15,446 15,326 15,463 15,305
Dividends per share:        
Common Stock (in dollars per share) $ 0.1125 $ 0.0375 $ 0.1875 $ 0.1125
Class B Common Stock        
Income per share – Basic:        
Common Stock (in dollars per share) $ 1.55 $ 1.01 $ 5.38 $ 3.11
Income allocated to – Basic:        
Common Stock $ 6,325 $ 4,883 $ 24,619 $ 15,068
Weighted average number of shares outstanding – Basic:        
Common Stock (in shares) 4,087 4,846 4,573 4,846
Dividends per share:        
Common Stock (in dollars per share) $ 0.0900 $ 0.03 $ 0.15 $ 0.0900
[1] Exclusive of depreciation on the Company’s property, plant and equipment and amortization on its intangible assets.