XML 26 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Aug. 29, 2020
Aug. 31, 2019
Aug. 25, 2018
Revenues $ 1,804,159 $ 1,809,376 $ 1,696,489
Operating expenses:      
Cost of revenues [1] 1,164,932 1,139,195 1,056,724
Selling and administrative expenses [1] 361,801 334,840 360,727
Depreciation and amortization 104,697 103,333 96,662
Total operating expenses 1,631,430 1,577,368 1,514,113
Operating income 172,729 232,008 182,376
Other (income) expense:      
Interest income, net (6,382) (9,082) (5,543)
Other expense, net 1,223 3,166 673
Total other income, net (5,159) (5,916) (4,870)
Income before income taxes 177,888 237,924 187,246
Provision for income taxes 42,118 58,790 23,351
Net income $ 135,770 $ 179,134 $ 163,895
Income per share—Diluted:      
Common stock (in dollars per share) $ 7.13 $ 9.33 $ 8.21
Income allocated to—Basic:      
Common stock $ 135,770 $ 179,134 $ 163,895
Income allocated to—Diluted:      
Common Stock $ 135,770 $ 179,134 $ 163,895
Weighted average number of shares outstanding—Basic:      
Common stock (in shares) 18,919 19,082 19,811
Weighted average number of shares outstanding—Diluted:      
Common stock (in shares) 19,042 19,196 19,963
Common Stock      
Income per share—Basic:      
Common stock (in dollars per share) $ 7.46 $ 9.77 $ 8.66
Income allocated to—Basic:      
Common stock $ 114,017 $ 150,247 $ 133,802
Weighted average number of shares outstanding—Basic:      
Common stock (in shares) 15,276 15,385 15,454
Class B Common Stock      
Income per share—Basic:      
Common stock (in dollars per share) $ 5.97 $ 7.81 $ 6.91
Income allocated to—Basic:      
Common stock $ 21,753 $ 28,887 $ 30,093
Weighted average number of shares outstanding—Basic:      
Common stock (in shares) 3,643 3,697 4,357
[1] Exclusive of depreciation on the Company’s property, plant and equipment and amortization of its intangible assets.