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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands
12 Months Ended
Aug. 26, 2017
Aug. 27, 2016
Aug. 29, 2015
Net revenues $ 1,547,119,000 $ 975,226,000 $ 976,505,000
Cost of goods sold 1,324,542,000 862,577,000 871,625,000
Gross profit 222,577,000 112,649,000 104,880,000
Operating expenses:      
Selling 35,668,000 19,823,000 19,161,000
General and administrative 55,347,000 33,209,000 29,911,000
Postretirement health care benefit income (24,796,000) (6,124,000) (4,073,000)
Transaction costs 6,592,000 0 0
Amortization of intangible assets 24,660,000 0 0
Impairment of fixed assets 0 0 462,000
Total SG&A 97,471,000 46,908,000 45,461,000
Operating income 125,106,000 65,741,000 59,419,000
Interest expense 16,837,000 0 0
Non-operating income (330,000) (457,000) (115,000)
Income before income taxes 108,599,000 66,198,000 59,534,000
Provision for income taxes 37,269,000 20,702,000 18,324,000
Net income $ 71,330,000 $ 45,496,000 $ 41,210,000
Income per common share:      
Basic (in dollars per share) $ 2.33 $ 1.69 $ 1.53
Diluted (in dollars per share) $ 2.32 $ 1.68 $ 1.52
Weighted average common shares outstanding:      
Basic (in shares) 30,648 26,925 26,941
Diluted (in shares) 30,766 27,033 27,051
Dividends paid per common share $ 0.40 $ 0.40 $ 0.36
Other comprehensive income (loss):      
Amortization of prior service credit (net of tax of $15,409, $2,947, and $2,110) $ (25,035,000) $ (4,788,000) $ (3,428,000)
Amortization of net actuarial loss (net of tax of $5,976, $621, and $565) 9,705,000 1,010,000 918,000
Increase in actuarial loss (net of tax of $35, $415, and $250) (57,000) (674,000) (407,000)
Plan amendment (net of tax of $2,402, $10,895, and $1,509) 3,903,000 17,701,000 2,451,000
Change in fair value of interest rate swap (net of tax of $314, $0, and $0) (514,000) 0 0
Total other comprehensive income (loss) (11,998,000) 13,249,000 (466,000)
Comprehensive income $ 59,332,000 $ 58,745,000 $ 40,744,000