|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands
|
May 29, 2011
|
Nov. 30, 2010
|
| Current assets |
 |
 |
| Cash and cash equivalents |
$ 169,462 |
$ 236,737 |
| Receivables, less allowances of $3,815 in 2011 and $3,848 in 2010 |
139,394 |
129,855 |
| Inventories |
84,781 |
69,381 |
| Deferred income taxes |
23,425 |
22,441 |
| Prepaid expenses and other current assets |
11,730 |
10,862 |
| Total current assets |
428,792 |
469,276 |
| Investment in affiliate |
3,784 |
3,784 |
| Property, plant and equipment |
 |
 |
| Land |
49,050 |
46,132 |
| Buildings |
104,660 |
103,438 |
| Machinery and equipment |
385,854 |
371,153 |
| Construction in progress |
34,207 |
31,048 |
| Total property, plant and equipment at cost |
573,771 |
551,771 |
| Accumulated depreciation |
(325,185) |
(307,573) |
| Total property, plant and equipment, net |
248,586 |
244,198 |
| Deferred income taxes |
11,289 |
11,289 |
| Goodwill and intangible assets, net of accumulated amortization of $1,322 in 2011 and $1,293 in 2010 |
2,055 |
2,061 |
| Other assets |
44,667 |
50,961 |
| Total assets |
739,173 |
781,569 |
| Current liabilities |
 |
 |
| Current portion of long-term debt |
8,252 |
7,724 |
| Trade payables |
47,045 |
49,881 |
| Accrued liabilities |
57,443 |
64,533 |
| Income taxes payable |
1,125 |
24,682 |
| Total current liabilities |
113,865 |
146,820 |
| Long-term debt, less current portion |
23,952 |
23,424 |
| Deferred income taxes |
2,849 |
2,691 |
| Other long-term liabilities |
102,748 |
100,667 |
| Total liabilities |
243,414 |
273,602 |
| Commitments and contingencies |
|
|
| Stockholders' equity |
 |
 |
| Common Stock, par value $2.50 per share, authorized 24,000,000 shares, outstanding 9,070,912 shares in 2011 and 9,249,105 shares in 2010 |
30,144 |
30,047 |
| Additional paid-in capital |
61,313 |
60,986 |
| Retained earnings |
498,788 |
507,625 |
| Accumulated other comprehensive loss |
(22,188) |
(33,663) |
| Treasury stock (2,986,730 shares in 2011 and 2,769,637 shares in 2010) |
(72,298) |
(57,028) |
| Total stockholders' equity |
495,759 |
507,967 |
| Total liabilities and stockholders' equity |
$ 739,173 |
$ 781,569 |