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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 26, 2018
May 27, 2017
May 26, 2018
May 27, 2017
Net revenues $ 562,261 $ 476,364 $ 1,480,641 $ 1,092,183
Cost of goods sold 476,747 405,560 1,264,635 943,188
Gross profit 85,514 70,804 216,006 148,995
SG&A:        
Selling 13,100 10,141 37,443 25,564
General and administrative 21,404 15,194 57,088 37,640
Postretirement health care benefit income 0 0 0 (24,796)
Transaction costs 800 450 850 6,374
Amortization of intangible assets 1,933 10,159 5,921 22,578
Total SG&A 37,237 35,944 101,302 67,360
Operating income 48,277 34,860 114,704 81,635
Interest expense 4,172 5,265 13,871 11,571
Non-operating income (100) (54) (212) (137)
Income before income taxes 44,205 29,649 101,045 70,201
Provision for income taxes 11,684 10,258 28,478 23,794
Net income $ 32,521 $ 19,391 $ 72,567 $ 46,407
Income per common share:        
Basic $ 1.03 $ 0.61 $ 2.30 $ 1.53
Diluted $ 1.02 $ 0.61 $ 2.28 $ 1.52
Weighted average common shares outstanding:        
Basic (in shares) 31,582 31,587 31,617 30,333
Diluted (in shares) 31,753 31,691 31,825 30,448
Dividends paid per common share (in dollars per share) $ 0.10 $ 0.10 $ 0.30 $ 0.30
Other comprehensive income (loss):        
Amortization of prior service credit (net of tax of $0, $0, $0 and $15,409) $ 0 $ 0 $ 0 $ (25,035)
Amortization of net actuarial loss (net of tax of $3, $3, $9 and $5,971) 7 6 20 9,702
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 $42, $36, $877 and $306) 129 (58) 2,046 (497)
Total other comprehensive income (loss) 136 (52) 2,066 (11,927)
Comprehensive income $ 32,657 $ 19,339 $ 74,633 $ 34,480