XML 59 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Nov. 30, 2019
Nov. 24, 2018
Revenues $ 465,398 $ 438,550
Operating expenses:    
Cost of revenues [1] 289,316 277,049
Selling and administrative expenses [1] 90,528 85,959
Depreciation and amortization 25,459 25,116
Total operating expenses 405,303 388,124
Operating income 60,095 50,426
Other (income) expense:    
Interest income, net (2,361) (1,705)
Other expense, net 528 172
Total other income, net (1,833) (1,533)
Income before income taxes 61,928 51,959
Provision for income taxes 13,686 13,639
Net income $ 48,242 $ 38,320
Income per share – Diluted:    
Common stock (in dollars per share) $ 2.52 $ 1.99
Income allocated to – Basic:    
Common stock $ 48,242 $ 38,320
Income allocated to – Diluted:    
Common stock $ 48,242 $ 38,320
Weighted average shares outstanding – Basic:    
Common stock (in shares) 18,951 19,142
Weighted average shares outstanding – Diluted:    
Common stock (in shares) 19,123 19,302
Common Stock    
Income per share – Basic:    
Common stock (in dollars per share) $ 2.65 $ 2.08
Income allocated to – Basic:    
Common stock $ 40,526 $ 32,137
Weighted average shares outstanding – Basic:    
Common stock (in shares) 15,308 15,432
Class B Common Stock    
Income per share – Basic:    
Common stock (in dollars per share) $ 2.12 $ 1.67
Income allocated to – Basic:    
Common stock $ 7,716 $ 6,183
Weighted average shares outstanding – Basic:    
Common stock (in shares) 3,643 3,710
[1] Exclusive of depreciation on the Company’s property, plant and equipment and amortization on its intangible assets.