v3.25.4
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Nov. 29, 2025
Nov. 30, 2024
Nov. 29, 2025
Nov. 30, 2024
Jun. 01, 2024
Cash Flows from Operating Activities:          
Net earnings $ 25.2 $ 35.2 $ 46.3 $ 34.7  
Adjustments to reconcile net earnings to net cash provided by operating activities:          
Depreciation and amortization 36.6 35.7 72.0 70.3  
Stock-based compensation     15.1 17.9  
Amortization of deferred financing costs     1.4 2.3  
Loss on extinguishment of debt     7.8 0.0  
Deferred taxes     (0.1) 0.9  
Restructuring expense 1.5 0.0 2.0 0.0 $ 30.8
Increase in current assets     (20.7) (75.1)  
(Decrease) increase in current liabilities     (45.5) 18.0  
Other, net     (4.3) 7.4  
Net Cash Provided by Operating Activities     74.0 76.4  
Cash Flows from Investing Activities:          
Advances of notes receivable     0.0 (2.3)  
Collection of notes receivable     1.3 3.2  
Capital expenditures     (61.3) (44.9)  
Other, net     (0.3) (0.8)  
Net Cash Used in Investing Activities     (60.3) (44.8)  
Cash Flows from Financing Activities:          
Repayments of long-term debt     (605.6) (18.1)  
Proceeds from issuance of debt, net of costs     544.4 0.0  
Payments of deferred financing costs     (1.4) 0.0  
Proceeds from credit facility     659.6 486.6  
Repayments of credit facility     (645.4) (413.5)  
Proceeds from securitization facility     97.1 0.0  
Repayments to securitization facility     (42.8) 0.0  
Dividends paid     (25.6) (26.2)  
Common stock issued     1.6 3.4  
Common stock repurchases and payments for taxes related to net share settlement of equity awards     (12.2) (66.9)  
Other, net     1.7 0.8  
Net Cash Used in Financing Activities     (28.6) (33.9)  
Effect of Exchange Rate Changes on Cash and Cash Equivalents     1.6 (7.0)  
Net Decrease in Cash and Cash Equivalents     (13.3) (9.3)  
Cash and Cash Equivalents, Beginning of Period     193.7 230.4  
Cash and Cash Equivalents, End of Period $ 180.4 $ 221.1 $ 180.4 $ 221.1 $ 230.4