XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Feb. 27, 2021
Feb. 29, 2020
Feb. 27, 2021
Feb. 29, 2020
Revenues $ 449,764 $ 464,600 $ 896,617 $ 929,998
Operating expenses:        
Cost of revenues [1] 289,455 301,422 565,255 590,738
Selling and administrative expenses [1] 93,329 93,080 182,032 183,608
Depreciation and amortization 26,287 25,971 52,595 51,430
Total operating expenses 409,071 420,473 799,882 825,776
Operating income 40,693 44,127 96,735 104,222
Other (income) expense:        
Interest income, net (863) (2,175) (1,431) (4,536)
Other (income) expense, net (584) 539 165 1,067
Total other income, net (1,447) (1,636) (1,266) (3,469)
Income before income taxes 42,140 45,763 98,001 107,691
Provision for income taxes 9,555 11,083 23,520 24,769
Net income $ 32,585 $ 34,680 $ 74,481 $ 82,922
Income per share – Diluted:        
Common stock (in dollars per share) $ 1.71 $ 1.82 $ 3.91 $ 4.34
Income allocated to – Basic:        
Common stock $ 32,585 $ 34,680 $ 74,481 $ 82,922
Income allocated to – Diluted:        
Common stock $ 32,585 $ 34,680 $ 74,481 $ 82,922
Weighted average shares outstanding – Basic:        
Common stock (in shares) 18,866 18,936 18,878 18,943
Weighted average shares outstanding – Diluted:        
Common stock (in shares) 19,037 19,105 19,032 19,114
Common Stock        
Income per share – Basic:        
Common stock (in dollars per share) $ 1.80 $ 1.90 $ 4.10 $ 4.55
Income allocated to – Basic:        
Common stock $ 27,349 $ 29,129 $ 62,520 $ 69,654
Weighted average shares outstanding – Basic:        
Common stock (in shares) 15,223 15,293 15,235 15,300
Class B Common Stock        
Income per share – Basic:        
Common stock (in dollars per share) $ 1.44 $ 1.52 $ 3.28 $ 3.64
Income allocated to – Basic:        
Common stock $ 5,236 $ 5,551 $ 11,961 $ 13,268
Weighted average shares outstanding – Basic:        
Common stock (in shares) 3,643 3,643 3,643 3,643
[1] Exclusive of depreciation on the Company’s property, plant and equipment and amortization on its intangible assets.