XML 28 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 29, 2018
Net Sales $ 1,022,038 $ 1,186,487 $ 1,138,265
Cost of goods sold 783,611 836,086 801,979
Gross Profit 238,427 350,401 336,286
Operating expenses      
Marketing and selling 84,977 96,428 95,405
Distribution 92,759 94,888 92,281
Administrative 36,747 40,721 37,757
Plant shutdown impairment costs 6,387 0 0
Other expense 363 1,408 68
Total operating expenses 221,233 233,445 225,511
Operating Income 17,194 116,956 110,775
Other income (expenses)      
Investment income 4,356 7,741 6,267
Interest expense & other (84) 1,880 1,110
Earnings before income taxes 21,466 126,577 118,152
Income taxes 3,161 31,758 14,556
NET EARNINGS $ 18,305 $ 94,819 $ 103,596
Earnings per diluted share (in dollars per share) $ 0.96 [1] $ 5.00 [1] $ 5.51
Weighted average number of diluted shares (in shares) 19,032 18,959 18,817
Earnings per basic share (in dollars per share) $ 0.97 $ 5.04 $ 5.54
Weighted average number of basic shares (in shares) 18,901 18,812 18,694
[1] Total of quarterly amounts do not necessarily agree to the annual amounts due to separate quarterly calculations of weighted average shares outstanding.