Quarterly Financial Data (Unaudited)

The following is a summary of the results of operations for each of the quarters within the years ended August 27, 2016 and August 29, 2015. 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 27, 2016	First Quarter		Second Quarter		Third Quarter		Fourth(1) Quarter
Revenues	$	373,384	$	363,097	$	367,799	$	363,766
Income before income taxes		58,358		38,999		48,699		57,315
Provision for income taxes		22,468		15,501		18,555		21,821

Net income	$	35,890	$	23,498	$	30,144	$	35,494

Income per share – basic
Common Stock	$	1.88	$	1.23	$	1.57	$	1.84
Class B Common Stock	$	1.50	$	0.98	$	1.26	$	1.47

Income per share – diluted
Common Stock	$	1.78	$	1.16	$	1.49	$	1.74

Income allocated to – basic
Common Stock	$	28,539	$	18,691	$	23,939	$	28,097
Class B Common Stock	$	7,193	$	4,704	$	6,061	$	7,139

Income allocated to – diluted
Common Stock	$	35,741	$	23,401	$	30,007	$	35,250

Weighted average number of shares outstanding – basic
Common Stock		15,218		15,241		15,253		15,268
Class B Common Stock		4,795		4,795		4,827		4,850

Weighted average number of shares outstanding – diluted
Common Stock		20,132		20,138		20,183		20,223

(1)

In the fourth fiscal quarter of 2016, operating results benefited from a settlement of environmental litigation that resulted in the Company recording a $15.9 million pre-tax gain. This gain translated into a $0.48 benefit to the Company’s diluted earnings per share.

(In thousands, except per share data) For the year ended August 29, 2015	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Revenues	$	370,361	$	361,462	$	365,574	$	359,208
Income before income taxes		60,834		41,376		52,843		46,215
Provision for income taxes		23,421		15,930		20,344		17,274

Net income	$	37,413	$	25,446	$	32,499	$	28,941

Income per share – basic
Common Stock	$	1.96	$	1.33	$	1.70	$	1.51
Class B Common Stock	$	1.57	$	1.06	$	1.36	$	1.21

Income per share – diluted
Common Stock	$	1.85	$	1.26	$	1.61	$	1.43

Income allocated to – basic
Common Stock	$	29,649	$	20,182	$	25,817	$	23,011
Class B Common Stock	$	7,434	$	5,041	$	6,483	$	5,803

Income allocated to – diluted
Common Stock	$	37,101	$	25,235	$	32,310	$	28,821

Weighted average number of shares outstanding – basic
Common Stock		15,128		15,185		15,207		15,210
Class B Common Stock		4,741		4,741		4,773		4,795

Weighted average number of shares outstanding – diluted
Common Stock		20,008		20,065		20,118		20,142