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Consolidated Statements of Earnings - USD ($)
shares in Thousands
12 Months Ended
Sep. 24, 2016
Sep. 26, 2015
Sep. 27, 2014
Net Sales $ 992,781,000 $ 976,256,000 $ 919,451,000
Cost of goods sold (1) [1] 688,314,000 675,366,000 631,874,000
Gross Profit 304,467,000 300,890,000 287,577,000
Operating expenses      
Marketing (2) [2] 85,963,000 85,160,000 78,632,000
Distribution (3) [3] 73,114,000 74,158,000 71,159,000
Administrative (4) [4] 32,299,000 30,891,000 29,784,000
Other general expense (income) 281,000 (207,000) 1,154,000
Total operating expenses 191,657,000 190,002,000 180,729,000
Operating Income 112,810,000 110,888,000 106,848,000
Other income (expenses)      
Investment income 4,132,000 1,157,000 4,473,000
Interest expense & other (123,000) (126,000) (115,000)
Earnings before income taxes 116,819,000 111,919,000 111,206,000
Income taxes 40,844,000 41,736,000 39,392,000
NET EARNINGS $ 75,975,000 $ 70,183,000 $ 71,814,000
Earnings per diluted share (in dollars per share) $ 4.05 $ 3.73 $ 3.82
Weighted average number of diluted shares (in shares) 18,769 18,819 18,807
Earnings per basic share (in dollars per share) $ 4.07 $ 3.76 $ 3.85
Weighted average number of basic shares (in shares) 18,649 18,685 18,677
[1] Includes share-based compensation expense of $609 for the year ended September 24, 2016, $471 for the year ended September 26, 2015 and $466 for the year ended September 27, 2014.
[2] Includes share-based compensation expense of $924 for the year ended September 24, 2016, $709 for the year ended September 26, 2015 and $673 for the year ended September 27, 2014.
[3] Includes share-based compensation expense of $48 for the year ended September 24, 2016, $44 for the year ended September 26, 2015 and $42 for the year ended September 27, 2014.
[4] Includes share-based compensation expense of $794 for the year ended September 24, 2016, $942 for the year ended September 26, 2015 and $895 for the year ended September 27, 2014.