XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Nov. 28, 2020
Nov. 30, 2019
Revenues $ 446,853 $ 465,398
Operating expenses:    
Cost of revenues [1] 275,800 289,316
Selling and administrative expenses [1] 88,703 90,528
Depreciation and amortization 26,308 25,459
Total operating expenses 390,811 405,303
Operating income 56,042 60,095
Other (income) expense:    
Interest income, net (568) (2,361)
Other expense, net 749 528
Total other (income) expense, net 181 (1,833)
Income before income taxes 55,861 61,928
Provision for income taxes 13,965 13,686
Net income $ 41,896 $ 48,242
Income per share – Diluted:    
Common stock (in dollars per share) $ 2.20 $ 2.52
Income allocated to – Basic:    
Common stock $ 41,896 $ 48,242
Income allocated to – Diluted:    
Common stock $ 41,896 $ 48,242
Weighted average shares outstanding – Basic:    
Common stock (in shares) 18,890 18,951
Weighted average shares outstanding – Diluted:    
Common stock (in shares) 19,019 19,123
Common Stock    
Income per share – Basic:    
Common stock (in dollars per share) $ 2.31 $ 2.65
Income allocated to – Basic:    
Common stock $ 35,171 $ 40,526
Weighted average shares outstanding – Basic:    
Common stock (in shares) 15,247 15,308
Class B Common Stock    
Income per share – Basic:    
Common stock (in dollars per share) $ 1.85 $ 2.12
Income allocated to – Basic:    
Common stock $ 6,725 $ 7,716
Weighted average shares outstanding – Basic:    
Common stock (in shares) 3,643 3,643
[1] Exclusive of depreciation on the Company’s property, plant and equipment and amortization on its intangible assets.