Quarterly Financial Data (Unaudited)

12 Months Ended

Jun. 01, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

Quarterly Financial Data (Unaudited)

Set forth below is a summary of the quarterly operating results on a consolidated basis for the years ended June 1, 2013, June 2, 2012, and May 28, 2011.



(In millions, except per share data)		First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2013	Net sales ⁽¹⁾	$	449.7	$	441.8	$	423.5	$	460.0
	Gross margin	149.7		148.5		144.4		162.6
	Net earnings ⁽¹⁾	20.0		8.4		16.5		23.4
	Earnings per share-basic ⁽¹⁾	0.34		0.14		0.28		0.40
	Earnings per share-diluted	0.34		0.14		0.28		0.40

2012	Net sales ⁽¹⁾	$	458.1	$	445.6	$	399.8	$	420.7
	Gross Margin ⁽¹⁾	154.3		152.1		134.2		150.1
	Net earnings ⁽¹⁾	24.6		23.7		14.9		11.9
	Earnings per share-basic ⁽¹⁾	0.42		0.41		0.26		0.21
	Earnings per share-diluted	0.42		0.41		0.26		0.20

2011	Net sales	$	380.7	$	412.2	$	414.8	$	441.5
	Gross margin	123.6		135.8		133.0		145.7
	Net earnings ⁽¹⁾	16.1		17.9		19.8		17.1
	Earnings per share-basic	0.28		0.31		0.35		0.30
	Earnings per share-diluted ⁽¹⁾	0.22		0.26		0.29		0.30

(1) The sum of the quarters does not equal the annual balance reflected in the Consolidated Statements of Comprehensive Income due to rounding associated with the calculations on an individual quarter basis.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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