Quarterly Financial Data (Unaudited)

12 Months Ended

Aug. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

 Quarterly Financial Data (Unaudited)

The following is a summary of the results of operations for each of the quarters within the years ended August 31, 2013 and August 25, 2012. This quarterly financial information was prepared by the Company without audit, pursuant to the rules and regulations of the Securities and Exchange Commission; however, the Company believes that the information furnished reflects all adjustments (consisting only of normal recurring adjustments) which were, in the opinion of management, necessary for a fair statement of results in the interim periods. This summary should be read in conjunction with these Consolidated Financial Statements and notes to Consolidated Financial Statements.

(In thousands, except per share data) For the year ended August 31, 2013	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Revenues	$	332,569	$	334,306	$	335,764	$	352,876
Income before income taxes		50,426		43,215		45,831		48,137
Provision for income taxes		19,666		16,573		17,109		17,576
Net income	$	30,760	$	26,642	$	28,722	$	30,561
Income per share – basic
Common Stock	$	1.62	$	1.40	$	1.51	$	1.61
Class B Common Stock	$	1.30	$	1.12	$	1.21	$	1.29
Income per share – diluted
Common Stock	$	1.54	$	1.33	$	1.43	$	1.52
Income allocated to – basic
Common Stock	$	24,191	$	20,963	$	22,638	$	24,123
Class B Common Stock	$	6,025	$	5,209	$	5,647	$	6,033
Income allocated to – diluted
Common Stock	$	30,244	$	26,196	$	28,307	$	30,178
Weighted average number of shares outstanding – basic
Common Stock		14,925		14,962		14,993		15,017
Class B Common Stock		4,647		4,647		4,675		4,694
Weighted average number of shares outstanding – diluted
Common Stock		19,693		19,747		19,820		19,882

(In thousands, except per share data) For the year ended August 25, 2012	First Quarter		Second Quarter		Third Quarter(1)		Fourth Quarter
Revenues	$	313,025	$	309,959	$	320,931	$	312,374
Income before income taxes		41,785		31,086		42,360		35,503
Provision for income taxes		15,983		11,890		14,901		12,971
Net income	$	25,802	$	19,196	$	27,459	$	22,532
Income per share – basic
Common Stock	$	1.37	$	1.01	$	1.45	$	1.19
Class B Common Stock	$	1.09	$	0.81	$	1.16	$	0.95
Income per share – diluted
Common Stock	$	1.30	$	0.96	$	1.37	$	1.13
Income allocated to – basic
Common Stock	$	20,258	$	15,081	$	21,587	$	17,717
Class B Common Stock	$	5,068	$	3,765	$	5,381	$	4,416
Income allocated to – diluted
Common Stock	$	25,350	$	18,863	$	26,993	$	22,153
Weighted average number of shares outstanding – basic
Common Stock		14,838		14,873		14,905		14,912
Class B Common Stock		4,641		4,640		4,644		4,647
Weighted average number of shares outstanding – diluted
Common Stock		19,557		19,605		19,646		19,664

(1) In the third fiscal quarter of 2012, operating results benefited from a settlement of environmental litigation that resulted in the Company recording a $6.7 million pre-tax gain. This gain translated into a $0.21 benefit to the Company’s diluted earnings per share.

The Company’s fiscal year ends on the last Saturday in August. For financial reporting purposes, fiscal 2013 consisted of 53 weeks, and fiscal 2012 and fiscal 2011 both consisted of 52 weeks. Each of the quarterly periods contained 13 weeks except for the fourth quarter of fiscal 2013 which contained 14 weeks.