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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Feb. 24, 2018
Feb. 25, 2017
Feb. 24, 2018
Feb. 25, 2017
Net revenues $ 468,359 $ 370,510 $ 918,380 $ 615,818
Cost of goods sold 400,698 321,194 787,888 537,627
Gross profit 67,661 49,316 130,492 78,191
SG&A:        
Selling 12,209 9,553 24,343 15,423
General and administrative 18,268 12,540 35,684 22,446
Postretirement health care benefit income 0 (11,983) 0 (24,796)
Transaction costs 0 463 50 5,925
Amortization of intangible assets 1,933 10,367 3,988 12,418
Total SG&A 32,410 20,940 64,065 31,416
Operating income 35,251 28,376 66,427 46,775
Interest expense 4,918 5,178 9,699 6,306
Non-operating expense (income) 11 4 (112) (83)
Income before income taxes 30,322 23,194 56,840 40,552
Provision for income taxes 8,234 7,916 16,794 13,536
Net income $ 22,088 $ 15,278 $ 40,046 $ 27,016
Income per common share:        
Basic $ 0.70 $ 0.48 $ 1.27 $ 0.91
Diluted $ 0.69 $ 0.48 $ 1.26 $ 0.91
Weighted average common shares outstanding:        
Basic (in shares) 31,654 31,577 31,634 29,707
Diluted (in shares) 31,854 31,686 31,852 29,827
Dividends paid per common share (in dollars per share) $ 0.20 $ 0.10 $ 0.20 $ 0.20
Other comprehensive income (loss):        
Amortization of prior service credit (net of tax of $0, $7,495, $0 and $15,409) $ 0 $ (12,177) $ 0 $ (25,035)
Amortization of net actuarial loss (net of tax of $2, $2,932, $6 and $5,968) 7 4,764 13 9,696
Plan amendment, (net of tax of $0, $0, $0 and $2,402) 0 0 0 3,903
Change in fair value of interest rate swap (net of tax of $448, $270, $835 and $270) 1,283 (439) 1,917 (439)
Total other comprehensive income (loss) 1,290 (7,852) 1,930 (11,875)
Comprehensive income $ 23,378 $ 7,426 $ 41,976 $ 15,141