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Consolidated Statements of Earnings (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 30, 2013
Mar. 24, 2012
Mar. 30, 2013
Mar. 24, 2012
Net Sales $ 201,326 $ 189,554 $ 392,734 $ 362,240
Cost of goods sold(1) 143,175 [1] 135,567 [1] 280,448 [1] 261,847
Gross Profit 58,151 53,987 112,286 100,393
Marketing (2) 16,809 [2] 17,404 [2] 33,945 [2] 35,063
Distribution (3) 15,713 [3] 14,212 [3] 31,113 [3] 28,431
Administrative (4) 6,460 [4] 6,219 [4] 13,059 [4] 12,285
Other general expense (income) 10 (121) (51) (122)
38,992 37,714 78,066 75,657
Operating Income 19,159 16,273 34,220 24,736
Investment income 896 380 1,672 735
Interest expense & other (28) (4) (53) (43)
Earnings before income taxes 20,027 16,649 35,839 25,428
Income taxes 7,367 6,226 12,953 9,520
NET EARNINGS $ 12,660 $ 10,423 $ 22,886 $ 15,908
Earnings per diluted share (in Dollars per share) $ 0.67 $ 0.55 $ 1.21 $ 0.84
Weighted average number of diluted shares (in Shares) 18,886 18,930 18,878 18,902
Earnings per basic share (in Dollars per share) $ 0.67 $ 0.55 $ 1.22 $ 0.84
Weighted average number of basic shares (in Shares) 18,800 18,858 18,803 18,832
[1] Includes share-based compensation expense of $102 and $227 for the three months and six months ended March 30, 2013, respectively and $59 and $123 for the three months and six months ended March 24, 2012.
[2] Includes share-based compensation expense of $137 and $310 for the three months and six months ended March 30, 2013, respectively and $89 and $184 for the three months and six months ended March 24, 2012.
[3] Includes share-based compensation expense of $7 and $15 for the three months and six months ended March 30, 2013, respectively and $6 and $12 for the three months and six months ended March 24, 2012.
[4] Includes share-based compensation expense of $163 and $364 for the three months and six months ended March 30, 2013, respectively and $121 and $250 for the three months and six months ended March 24, 2012.