v3.6.0.2

Selected Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 03, 2016
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Data (Unaudited) | SELECTED QUARTERLY FINANCIAL DATA (Unaudited) The following table provides unaudited quarterly data for 2016 and 2015:
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
2016 |  |  |  |  |  |  |
Net sales | $ | 316,272 |  |  | $ | 364,968 |  |  | $ | 331,387 |  |  | $ | 376,947 |
Gross profit | 100,901 |  |  | 121,861 |  |  | 114,401 |  |  | 124,736 |
Net earnings | 21,190 |  |  | 53,371 |  |  | 35,784 |  |  | 29,044 |
Net earnings attributable to CLARCOR Inc. | 21,163 |  |  | 53,354 |  |  | 35,749 |  |  | 29,000 |
Net earnings per common share attributable to CLARCOR Inc. - Basic | $ | 0.43 |  |  | $ | 1.10 |  |  | $ | 0.73 |  |  | $ | 0.60 |
Net earnings per common share attributable to CLARCOR Inc. - Diluted | $ | 0.43 |  |  | $ | 1.09 |  |  | $ | 0.73 |  |  | $ | 0.59 |
Dividends declared and paid per common share | $ | 0.2200 |  |  | $ | 0.2200 |  |  | $ | 0.2200 |  |  | $ | 0.2500 |
2015 |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 351,123 |  |  | $ | 399,799 |  |  | $ | 357,557 |  |  | $ | 372,547 |
Gross profit | 112,975 |  |  | 133,610 |  |  | 119,755 |  |  | 122,289 |
Net earnings | 26,737 |  |  | 38,573 |  |  | 36,509 |  |  | 33,094 |
Net earnings attributable to CLARCOR Inc. | 26,709 |  |  | 38,497 |  |  | 36,445 |  |  | 33,053 |
Net earnings per common share attributable to CLARCOR Inc. - Basic | $ | 0.53 |  |  | $ | 0.77 |  |  | $ | 0.73 |  |  | $ | 0.67 |
Net earnings per common share attributable to CLARCOR Inc. - Diluted | $ | 0.53 |  |  | $ | 0.76 |  |  | $ | 0.72 |  |  | $ | 0.67 |
Dividends declared and paid per common share | $ | 0.2000 |  |  | $ | 0.2000 |  |  | $ | 0.2000 |  |  | $ | 0.2200 |
Comparability between quarters is impacted by a gain on legal settlement from 3M of $27,250 in the Second Quarter of 2016 (see Note N) and a gain of approximately $12,131 related to the disposal of J.L. Clark in the Third Quarter of 2015 (see Note C).

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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