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Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Sep. 24, 2011
Sep. 25, 2010
Sep. 26, 2009
Net Sales $ 744,071 $ 696,703 $ 653,047
Cost of goods sold (1) 514,297 [1] 468,923 [1] 444,203 [1]
Gross Profit 229,774 227,780 208,844
Operating expenses      
Marketing (2) 70,637 [2] 72,103 [2] 69,493 [2]
Distribution (3) 57,462 [3] 52,146 [3] 49,705 [3]
Administrative (4) 24,568 [4] 24,282 [4] 22,713 [4]
Other general expense (income) 524 2,087 (5)
153,191 150,618 141,906
Operating Income 76,583 77,162 66,938
Gain on bargain purchase of a business 6,580    
Investment income 1,041 1,114 1,386
Interest expense & other (138) (179) (115)
Earnings before income taxes 84,066 78,097 68,209
Income taxes 29,003 29,688 26,897
NET EARNINGS $ 55,063 $ 48,409 $ 41,312
Earnings per diluted share (in Dollars per share) $ 2.93 $ 2.59 $ 2.21
Weighted average number of diluted shares (in Shares) 18,789 18,703 18,713
Earnings per basic share (in Dollars per share) $ 2.95 $ 2.61 $ 2.23
Weighted average number of basic shares (in Shares) 18,672 18,528 18,516
[1] Includes share-based compensation expense of $157 for the year ended September 24, 2011, $182 for the year ended September 25, 2010 and $211 for the year ended September 26, 2009.
[2] Includes share-based compensation expense of $347 for the year ended September 24, 2011, $448 for the year ended September 25, 2010 and $729 for the year ended September 26, 2009.
[3] Includes share-based compensation expense of $18 for the year ended September 24, 2011, $21 for the year ended September 25, 2010 and $21 for the year ended September 26, 2009.
[4] Includes share-based compensation expense of $396 for the year ended September 24, 2011, $597 for the year ended September 25, 2010 and $755 for the year ended September 26, 2009.