|
Consolidated Condensed Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 01, 2013
|
Jun. 02, 2012
|
Jun. 01, 2013
|
Jun. 02, 2012
|
|
| Net sales | $ 287,583 | $ 284,855 | $ 543,854 | $ 542,119 |
| Cost of sales | 189,369 | 186,670 | 364,154 | 357,719 |
| Gross profit | 98,214 | 98,185 | 179,700 | 184,400 |
| Selling and administrative expenses | 48,813 | 49,074 | 96,484 | 100,977 |
| Operating profit | 49,401 | 49,111 | 83,216 | 83,423 |
| Other income (expense): | ||||
| Interest expense | (162) | (88) | (312) | (188) |
| Interest income | 168 | 169 | 307 | 303 |
| Other, net | (223) | (117) | (223) | 495 |
| Total other income (expense) | (217) | (36) | (228) | 610 |
| Earnings before income taxes | 49,184 | 49,075 | 82,988 | 84,033 |
| Provision for income taxes | 16,031 | 15,996 | 26,307 | 27,462 |
| Net earnings | 33,153 | 33,079 | 56,681 | 56,571 |
| Net earnings attributable to noncontrolling interests | (102) | (152) | (168) | (165) |
| Net earnings attributable to CLARCOR Inc. | $ 33,051 | $ 32,927 | $ 56,513 | $ 56,406 |
| Net earnings per share attributable to CLARCOR Inc. - Basic | $ 0.66 | $ 0.65 | $ 1.13 | $ 1.12 |
| Net earnings per share attributable to CLARCOR Inc. - Diluted | $ 0.66 | $ 0.65 | $ 1.12 | $ 1.11 |
| Weighted average number of shares outstanding - Basic | 49,826,567 | 50,378,164 | 49,830,634 | 50,394,680 |
| Weighted average number of shares outstanding - Diluted | 50,428,875 | 50,980,347 | 50,419,170 | 51,037,366 |
| Dividends paid per share | $ 0.1350 | $ 0.1200 | $ 0.2700 | $ 0.2400 |