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Condensed Consolidated Income Statements (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
May 26, 2012
May 28, 2011
May 26, 2012
May 28, 2011
Net sales:        
Training and consulting services $ 38,213 $ 37,368 $ 110,201 $ 108,261
Products 2,291 2,958 7,057 5,777
Leasing 770 571 2,183 1,753
Total net sales 41,274 40,897 119,441 115,791
Cost of sales:        
Training and consulting services 13,585 13,472 37,417 37,982
Products 1,142 1,199 3,124 2,585
Leasing 403 445 1,233 1,256
Total cost of sales 15,130 15,116 41,774 41,823
Gross profit 26,144 25,781 77,667 73,968
Selling, general, and administrative 21,448 21,009 63,535 60,713
Depreciation 680 997 2,374 2,695
Amortization 622 916 1,879 2,766
Income from operations 3,394 2,859 9,879 7,794
Interest income 2 5 10 16
Interest expense (613) (669) (1,873) (2,021)
Income before income taxes 2,783 2,195 8,016 5,789
Provision for income taxes (1,166) (1,471) (3,575) (3,966)
Net income 1,617 724 4,441 1,823
Net income per share:        
Basic $ 0.09 $ 0.04 $ 0.25 $ 0.11
Diluted $ 0.09 $ 0.04 $ 0.24 $ 0.11
Weighted average number of common shares:        
Basic 17,797 17,067 17,765 17,030
Diluted 18,316 17,354 18,200 17,282
COMPREHENSIVE INCOME:        
Net income 1,617 724 4,441 1,823
Foreign currency translation adjustments (25) 89 (332) 328
Total comprehensive income $ 1,592 $ 813 $ 4,109 $ 2,151