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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Aug. 31, 2019
Aug. 25, 2018
Aug. 26, 2017
Net revenues $ 1,985,674 $ 2,016,829 $ 1,547,119
Cost of goods sold 1,678,477 1,716,993 1,324,542
Gross profit 307,197 299,836 222,577
Operating expenses:      
Selling, general, and administrative expenses 142,295 130,116 97,607
Postretirement health care benefit income 0 0 (24,796)
Amortization of intangible assets 9,635 9,328 24,660
Total operating expenses 151,930 139,444 97,471
Operating income 155,267 160,392 125,106
Interest expense 17,939 18,246 16,837
Non-operating income (1,581) (494) (330)
Income before income taxes 138,909 142,640 108,599
Provision for income taxes 27,111 40,283 37,269
Net income $ 111,798 $ 102,357 $ 71,330
Income per common share:      
Basic income per common share $ 3.55 $ 3.24 $ 2.33
Diluted income per common share $ 3.52 $ 3.22 $ 2.32
Weighted average common shares outstanding:      
Basic (in shares) 31,536 31,596 30,648
Diluted (in shares) 31,721 31,814 30,766
Other comprehensive income (loss):      
Amortization of prior service credit (net of tax of $0, $0, and $15,409) $ 0   $ (25,035)
Amortization of net actuarial loss (net of tax of $10, $11, and $5,976) 32 $ 27 9,705
Increase in actuarial loss (net of tax of $0, $0, and $35)     (57)
Plan amendment (net of tax of $0, $0, and $2,402)     3,903
Change in fair value of interest rate swap (net of tax of $454, $840, and $314) (1,415) 1,947 (514)
Total other comprehensive income (loss) (1,383) 1,974 (11,998)
Comprehensive income $ 110,415 $ 104,331 $ 59,332