|
Consolidated Statements of Income (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
May 25, 2014
|
May 26, 2013
|
May 25, 2014
|
May 26, 2013
|
|
| Income Statement [Abstract] | ||||
| Net revenues | $ 1,081,847 | $ 1,098,898 | $ 2,211,837 | $ 2,245,576 |
| Cost of goods sold | 551,542 | 550,187 | 1,105,179 | 1,104,987 |
| Gross profit | 530,305 | 548,711 | 1,106,658 | 1,140,589 |
| Selling, general and administrative expenses | 446,072 | 449,074 | 870,834 | 859,497 |
| Restructuring Charges | 19,105 | 0 | 77,040 | 0 |
| Operating income | 65,128 | 99,637 | 158,784 | 281,092 |
| Interest expense | (31,310) | (32,883) | (63,139) | (65,040) |
| Loss on early extinguishment of debt | (11,151) | (575) | (11,151) | (689) |
| Other income (expense), net | (6,122) | (830) | (1,939) | 5,236 |
| Income before income taxes | 16,545 | 65,349 | 82,555 | 220,599 |
| Income tax expense | 5,556 | 17,140 | 21,943 | 65,515 |
| Net income | 10,989 | 48,209 | 60,612 | 155,084 |
| Net loss (income) attributable to noncontrolling interest | 469 | (60) | 817 | 85 |
| Net income attributable to Levi Strauss & Co. | $ 11,458 | $ 48,149 | $ 61,429 | $ 155,169 |