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Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 24, 2012
Mar. 26, 2011
Mar. 24, 2012
Mar. 26, 2011
Net Sales $ 189,554 $ 162,731 $ 362,240 $ 318,363
Cost of goods sold(1) 135,567 [1] 113,709 [1] 261,847 [1] 223,240 [1]
Gross Profit 53,987 49,022 100,393 95,123
Operating expenses        
Marketing (2) 17,404 [2] 16,260 [2] 35,063 [2] 32,942 [2]
Distribution (3) 14,212 [3] 12,808 [3] 28,431 [3] 25,672 [3]
Administrative (4) 6,219 [4] 5,907 [4] 12,285 [4] 11,535 [4]
Other general (income) expense (121) 93 (122) 47
37,714 35,068 75,657 70,196
Operating Income 16,273 13,954 24,736 24,927
Other income (expense)        
Investment income 380 207 735 443
Interest expense & other (4) (36) (43) (72)
Earnings before income taxes 16,649 14,125 25,428 25,298
Income taxes 6,226 5,466 9,520 9,545
NET EARNINGS $ 10,423 $ 8,659 $ 15,908 $ 15,753
Earnings per diluted share (in Dollars per share) $ 0.55 $ 0.46 $ 0.84 $ 0.84
Weighted average number of diluted shares (in Shares) 18,930 18,767 18,902 18,734
Earnings per basic share (in Dollars per share) $ 0.55 $ 0.46 $ 0.84 $ 0.85
Weighted average number of basic shares (in Shares) 18,858 18,638 18,832 18,608
[1] Includes share-based compensation expense of $59 and $123 for the three months and six months ended March 24, 2012, respectively and $29 and $81 for the three and six months ended March 26, 2011, respectively.
[2] Includes share-based compensation expense of $89 and $184 for the three months and six months ended March 24, 2012, respectively and $65 and $179 for the three and six months ended March 26, 2011, respectively.
[3] Includes share-based compensation expense of $6 and $12 for the three months and six months ended March 24, 2012, respectively and $4 and $10 for the three and six months ended March 26, 2011, respectively.
[4] Includes share-based compensation expense of $121 and $250 for the three months and six months ended March 24, 2012, respectively and $135 and $241 for the three and six months ended March 26, 2011, respectively.