v3.26.3
Note 15 - Segments - Reconciliation of Segment Operating Income to Income From Continuing Operations Before Income Taxes and Income From Equity Method Investments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 29, 2026
Aug. 30, 2025
Aug. 29, 2026
Aug. 30, 2025
Net income attributable to H.B. Fuller $ 79,182 $ 67,160 $ 168,031 $ 122,236
Acquisition project costs (10,358) 518 (8,033) 13,948
Organizational realignment 5,834 4,620 20,269 20,028
Project One 2,700 2,499 8,140 8,146
Other [1] 8,387 1,711 11,317 1,755
Discrete tax items (2,075) (3,742) (1,621) 11,210
Income tax effect on adjustments (242) (3,402) (5,628) (13,309)
Adjusted net income attributable to H.B. Fuller 83,428 69,364 192,475 164,014
Interest expense [2] 32,953 33,369 97,910 99,884
Interest income (2,489) (1,110) (6,519) (3,064)
Adjusted Income taxes 26,973 23,671 64,910 57,297
Depreciation and Amortization expense [3] 45,844 45,298 137,682 132,477
Adjusted EBITDA $ 186,709 $ 170,592 $ 486,458 $ 450,608
[1] Other for the three and nine months ended August 29, 2026 includes debt extinguishment and bridge financing costs related to an acquisition of $7,791, acquired environmental liabilities and ongoing litigation and product claims related to a divested business.
[2] Interest expense added back for EBITDA is adjusted for amounts already included in adjusted net income attributable to H.B. Fuller.
[3] Depreciation and amortization expense added back for EBITDA is adjusted for amounts already included in adjusted net income attributable to H.B. Fuller.