FY2021 10-K Document - FINAL 11 15 21 - Flipbook - Page 40
Table of Contents
Item 8.
Financial Statements and Supplementary Data.
Consolidated Statements of Earnings
Fiscal Years Ended
(dollars in thousands, except share and per share data)
Net sales
Cost of sales
Inventory write-down
Gross profit
Research and development
Selling, general and administrative
Interest
Long-lived asset impairment
Restructuring
Pension settlement
Other
Earnings before income taxes
Income taxes (benefit)
Net earnings
October 2,
October 3,
September 28,
2021
2020
2019
$
2,851,993 $
2,884,554 $
2,904,663
2,076,270
2,118,150
2,088,831
—
22,708
—
775,723
743,696
815,832
125,528
110,865
126,453
412,028
397,947
404,653
33,892
38,897
39,269
1,500
37,839
—
—
10,700
—
—
121,324
—
(999)
20,707
18,505
203,774
5,417
226,952
46,554
(3,788)
52,404
$
157,220 $
9,205 $
174,548
Net earnings per share
Basic
Diluted
$
$
Average common shares outstanding
Basic
Diluted
4.90
4.87
32,112,589
32,297,956
See accompanying Notes to Consolidated Financial Statements.
40
$
$
0.28
0.28
33,257,684
33,437,801
$
$
5.01
4.96
34,854,614
35,178,968