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Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 24, 2016
Dec. 26, 2015
Net Sales $ 225,570 $ 222,850
Cost of goods sold(1) [1] 159,675 159,015
Gross Profit 65,895 63,835
Operating expenses    
Marketing (2) [2] 20,335 19,629
Distribution (3) [3] 18,164 18,256
Administrative (4) [4] 8,098 7,690
Other general income (29) (100)
Total Operating Expenses 46,568 45,475
Operating Income 19,327 18,360
Other income (expense)    
Investment income 1,227 1,160
Interest expense & other (26) (32)
Earnings before income taxes 20,528 19,488
Income taxes 6,988 6,510
NET EARNINGS $ 13,540 $ 12,978
Earnings per diluted share (in dollars per share) $ 0.72 $ 0.69
Weighted average number of diluted shares (in shares) 18,787 18,839
Earnings per basic share (in dollars per share) $ 0.72 $ 0.69
Weighted average number of basic shares (in shares) 18,686 18,687
[1] Includes share-based compensation expense of $182 and $133 for the three months ended December 24, 2016 and December 26, 2015, respectively.
[2] Includes share-based compensation expense of $261 and $201 for the three months ended December 24, 2016 and December 26, 2015, respectively.
[3] Includes share-based compensation expense of $18 and $11 for the three months ended December 24, 2016 and December 26, 2015, respectively.
[4] Includes share-based compensation expense of $286 and $173 for the three months ended December 24, 2016 and December 26, 2015, respectively.