Condensed Consolidated Statements Of Operations - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Aug. 29, 2025 |
Aug. 23, 2024 |
Aug. 29, 2025 |
Aug. 23, 2024 |
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Revenue | $ 897.1 | $ 855.8 | $ 1,676.1 | $ 1,583.1 |
Cost of sales | 585.0 | 558.5 | 1,099.2 | 1,044.4 |
Gross profit | 308.5 | 295.4 | 572.3 | 529.8 |
Operating expenses | 247.1 | 205.1 | 477.2 | 422.6 |
Operating income | 53.1 | 90.0 | 78.6 | 107.6 |
Interest expense | (6.3) | (6.4) | (12.6) | (12.6) |
Investment income | 2.3 | 2.9 | 5.2 | 5.3 |
Other income (expense), net | 3.0 | (0.6) | (0.3) | (0.3) |
Income before income tax expense | 52.1 | 85.9 | 70.9 | 100.0 |
Income tax expense | 17.1 | 22.8 | 22.3 | 26.0 |
Net income | $ 35.0 | $ 63.1 | $ 48.6 | $ 74.0 |
Earnings per share | ||||
Basic | $ 0.29 | $ 0.53 | $ 0.41 | $ 0.63 |
Diluted | 0.29 | 0.53 | 0.41 | 0.62 |
Dividends declared and paid per common share | $ 0.100 | $ 0.100 | $ 0.200 | $ 0.200 |
Cost of Sales | ||||
Cost of Sales - Restructuring costs | $ 3.6 | $ 1.9 | $ 4.6 | $ 8.9 |
Operating Expense | ||||
Operating Expenses - Restructuring costs | $ 8.3 | $ 0.3 | $ 16.5 | $ (0.4) |
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- Definition Cost of Sales - Restructuring costs No definition available.
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- Definition Operating Expenses - Restructuring costs (benefits) No definition available.
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- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income from investments (for example, dividends) not considered a component of the entity's core operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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