XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 28, 2022
May 29, 2021
May 28, 2022
May 29, 2021
Income Statement [Abstract]        
Net revenues $ 1,458,138 $ 960,737 $ 3,778,609 $ 2,593,754
Cost of goods sold 1,185,174 791,125 3,059,656 2,130,556
Gross profit 272,964 169,612 718,953 463,198
Selling, general, and administrative expenses 88,231 63,586 234,896 165,001
Amortization 8,016 3,590 24,203 10,771
Total operating expenses 96,247 67,176 259,099 175,772
Operating income 176,717 102,436 459,854 287,426
Interest expense, net 10,511 10,229 31,078 30,222
Non-operating loss (income) 11,658 (93) 24,522 (310)
Income before income taxes 154,548 92,300 404,254 257,514
Provision for income taxes 37,326 21,005 96,227 59,728
Net income $ 117,222 $ 71,295 $ 308,027 $ 197,786
Earnings per common share:        
Basic (in dollars per share) $ 3.62 $ 2.12 $ 9.35 $ 5.89
Diluted (in dollars per share) $ 3.57 $ 2.05 $ 9.18 $ 5.83
Weighted average common shares outstanding:        
Basic (in shares) 32,389 33,552 32,936 33,565
Diluted (in shares) 32,855 34,772 33,559 33,943
Other comprehensive income:        
Amortization of net actuarial loss (net of tax of $3, $3, $9, and $9) $ 10 $ 9 $ 28 $ 26
Comprehensive income $ 117,232 $ 71,304 $ 308,055 $ 197,812