H.B. Fuller (FUL) 10-Q 28 Sep 23 2023 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 02, 2023	Sep. 22, 2023
Document Information [Line Items]
Entity Central Index Key	0000039368
Entity Registrant Name	FULLER H B CO
Amendment Flag	false
Current Fiscal Year End Date	--11-25
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 02, 2023
Document Transition Report	false
Entity File Number	001-09225
Entity Incorporation, State or Country Code	MN
Entity Tax Identification Number	41-0268370
Entity Address, Address Line One	1200 Willow Lake Boulevard
Entity Address, City or Town	St. Paul
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55110-5101
City Area Code	651
Local Phone Number	236-5900
Title of 12(b) Security	Common Stock, par value $1.00 per share
Trading Symbol	FUL
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		54,021,498

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022
Net revenue	$ 900,634	$ 941,230	$ 2,608,055	$ 2,790,969
Cost of sales	(637,162)	(692,066)	(1,873,000)	(2,075,392)
Gross profit	263,472	249,164	735,055	715,577
Selling, general and administrative expenses	(172,153)	(161,210)	(493,320)	(483,109)
Other income, net	1,555	6,559	4,764	12,701
Interest expense	(35,105)	(23,450)	(101,305)	(61,475)
Interest income	1,128	2,139	2,726	6,170
Income before income taxes and income from equity method investments	58,897	73,202	147,920	189,864
Income taxes	(22,231)	(28,259)	(51,255)	(62,023)
Income from equity method investments	984	1,587	3,322	4,236
Net income including non-controlling interest	37,650	46,530	99,987	132,077
Net income attributable to non-controlling interest	(23)	(33)	(71)	(70)
Net income attributable to H.B. Fuller	$ 37,627	$ 46,497	$ 99,916	$ 132,007
Earnings per share attributable to H.B. Fuller common stockholders:
Basic (in dollars per share)	$ 0.69	$ 0.87	$ 1.84	$ 2.47
Diluted (in dollars per share)	$ 0.67	$ 0.84	$ 1.79	$ 2.39
Weighted-average common shares outstanding:
Basic (in shares)	54,394	53,644	54,279	53,498
Diluted (in shares)	56,033	55,130	55,890	55,201
Dividends declared per common share (in dollars per share)	$ 0.205	$ 0.190	$ 0.600	$ 0.548

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022
Net income including non-controlling interest		$ 37,650	$ 46,530	$ 99,987	$ 132,077
Foreign currency translation		(8,717)	(87,789)	14,058	(165,369)
Defined benefit pension plans adjustment, net of tax		863	684	2,572	3,976
Derivatives, net of tax		(4,641)	0	(10,324)	0
Other comprehensive income (loss)		3,403	(86,130)	21,051	(154,133)
Comprehensive income (loss)		41,053	(39,600)	121,038	(22,056)
Less: Comprehensive income (loss) attributable to non-controlling interest		16	(13)	59	3
Comprehensive income (loss) attributable to H.B. Fuller		41,037	(39,587)	120,979	(22,059)
Interest Rate Swap [Member]
Derivatives, net of tax	[1]	15,898	1,346	14,745	10,924
Cross Currency Interest Rate Contract [Member]
Derivatives, net of tax	[1]	$ 0	$ (371)	$ 0	$ (3,664)
[1]Income (loss) reclassified from AOCI into earnings is reported in other income, net.

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 02, 2023	Dec. 03, 2022
Current assets:
Cash and cash equivalents	$ 94,934	$ 79,910
Trade receivables (net of allowances of $12,458 and $10,939, as of September 2, 2023 and December 3, 2022, respectively)	576,060	607,365
Inventories	472,641	491,781
Other current assets	97,756	120,319
Total current assets	1,241,391	1,299,375
Property, plant and equipment	1,709,191	1,579,738
Accumulated depreciation	(907,895)	(846,071)
Property, plant and equipment, net	801,296	733,667
Goodwill	1,490,535	1,392,627
Other intangibles, net	746,521	702,092
Other assets	380,165	335,868
Total assets	4,659,908	4,463,629
Current liabilities
Notes payable	12,553	28,860
Trade payables	394,914	460,669
Accrued compensation	75,035	108,328
Income taxes payable	33,007	18,530
Other accrued expenses	102,837	89,345
Total current liabilities	618,346	705,732
Long-term debt	1,872,468	1,736,256
Accrued pension liabilities	54,661	52,561
Other liabilities	387,307	358,286
Total liabilities	2,932,782	2,852,835
Commitments and contingencies (Note 13)
H.B. Fuller stockholders' equity:
Preferred stock (no shares outstanding) shares authorized – 10,045,900	0	0
Common stock, par value $1.00 per share, shares authorized – 160,000,000, shares outstanding – 54,016,374 and 53,676,576 as of September 2, 2023 and December 3, 2022, respectively	54,016	53,677
Additional paid-in capital	294,035	266,491
Retained earnings	1,808,687	1,741,359
Accumulated other comprehensive loss	(430,295)	(451,357)
Total H.B. Fuller stockholders' equity	1,726,443	1,610,170
Non-controlling interest	683	624
Total equity	1,727,126	1,610,794
Total liabilities, non-controlling interest and total equity	$ 4,659,908	$ 4,463,629

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 02, 2023	Dec. 03, 2022
Trade receivables, allowances	$ 12,458	$ 10,939
Preferred stock, shares authorized (in shares)	10,045,900	10,045,900
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	160,000,000	160,000,000
Common stock, shares outstanding (in shares)	54,016,374	53,676,576

Consolidated Statements of Tota

Consolidated Statements of Total Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Balance at Nov. 27, 2021	$ 52,778	$ 213,637	$ 1,600,601	$ (270,247)	$ 591	$ 1,597,360
Comprehensive income	0	0	38,306	11,177	4	49,487
Dividends	0	0	(8,964)	0	0	(8,964)
Stock option exercises	126	5,628	0	0	0	5,754
Share-based compensation plans and other, net	187	5,601	0	0	0	5,788
Repurchases of common stock	(49)	(3,528)	0	0	0	(3,577)
Balance at Feb. 26, 2022	53,042	221,338	1,629,943	(259,070)	595	1,645,848
Balance at Nov. 27, 2021	52,778	213,637	1,600,601	(270,247)	591	1,597,360
Comprehensive income						(22,056)
Balance at Aug. 27, 2022	53,299	245,826	1,703,278	(424,312)	594	1,578,685
Balance at Feb. 26, 2022	53,042	221,338	1,629,943	(259,070)	595	1,645,848
Comprehensive income	0	0	47,203	(79,158)	12	(31,943)
Dividends	0	0	(10,177)	0	0	(10,177)
Stock option exercises	47	2,036	0	0	0	2,083
Share-based compensation plans and other, net	65	8,910	0	0	0	8,975
Repurchases of common stock	(1)	(31)	0	0	0	(32)
Balance at May. 28, 2022	53,153	232,253	1,666,969	(338,228)	607	1,614,754
Comprehensive income	0	0	46,497	(86,084)	(13)	(39,600)
Dividends	0	0	(10,188)	0	0	(10,188)
Stock option exercises	135	5,549	0	0	0	5,684
Share-based compensation plans and other, net	15	8,295	0	0	0	8,310
Repurchases of common stock	(4)	(271)	0	0	0	(275)
Balance at Aug. 27, 2022	53,299	245,826	1,703,278	(424,312)	594	1,578,685
Balance at Dec. 03, 2022	53,677	266,491	1,741,359	(451,357)	624	1,610,794
Comprehensive income	0	0	21,889	5,241	37	27,167
Dividends	0	0	(10,305)	0	0	(10,305)
Stock option exercises	76	3,520	0	0	0	3,596
Share-based compensation plans and other, net	102	5,221	0	0	0	5,323
Repurchases of common stock	(36)	(2,412)	0	0	0	(2,448)
Balance at Mar. 04, 2023	53,819	272,820	1,752,943	(446,116)	661	1,634,127
Balance at Dec. 03, 2022	53,677	266,491	1,741,359	(451,357)	624	1,610,794
Comprehensive income						121,038
Balance at Sep. 02, 2023	54,016	294,035	1,808,687	(430,295)	683	1,727,126
Balance at Mar. 04, 2023	53,819	272,820	1,752,943	(446,116)	661	1,634,127
Comprehensive income	0	0	40,401	12,411	6	52,818
Dividends	0	0	(11,129)	0	0	(11,129)
Stock option exercises	13	584	0	0	0	597
Share-based compensation plans and other, net	30	6,818	0	0	0	6,848
Repurchases of common stock	(2)	(102)	0	0	0	(104)
Balance at Jun. 03, 2023	53,860	280,120	1,782,215	(433,705)	667	1,683,157
Comprehensive income	0	0	37,627	3,410	16	41,053
Dividends	0	0	(11,155)	0	0	(11,155)
Stock option exercises	153	6,906	0	0	0	7,059
Share-based compensation plans and other, net	3	7,018	0	0	0	7,021
Repurchases of common stock	0	(9)	0	0	0	(9)
Balance at Sep. 02, 2023	$ 54,016	$ 294,035	$ 1,808,687	$ (430,295)	$ 683	$ 1,727,126

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 02, 2023	Aug. 27, 2022
Cash flows from operating activities:
Net income including non-controlling interest	$ 99,987	$ 132,077
Adjustments to reconcile net income including non-controlling interest to net cash provided by operating activities:
Depreciation	60,518	54,297
Amortization	58,633	55,088
Deferred income taxes	(30,064)	(4,968)
Income from equity method investments, net of dividends received	260	1,420
Debt issuance costs write-off	2,689	0
Loss on fair value adjustment on contingent consideration liability	2,893	0
Gain on sale or disposal of assets	(78)	(1,130)
Share-based compensation	16,279	20,358
Pension and other post-retirement benefit plan activity	(8,890)	(15,324)
Change in assets and liabilities, net of effects of acquisitions:
Trade receivables, net	79,495	(51,629)
Inventories	38,212	(112,390)
Other assets	(30,901)	(40,329)
Trade payables	(74,443)	17,381
Accrued compensation	(33,796)	(17,275)
Other accrued expenses	(6,992)	1,614
Income taxes payable	24,461	10,201
Other liabilities	12,408	(35,940)
Other	6,023	35,246
Net cash provided by operating activities	216,694	48,697
Cash flows from investing activities:
Purchased property, plant and equipment	(109,545)	(98,352)
Purchased businesses, net of cash acquired	(194,248)	(242,870)
Proceeds from sale of property, plant and equipment	4,257	1,281
Cash received from government grant	0	3,928
Net cash used in investing activities	(299,536)	(336,013)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	1,333,000	335,000
Repayment of long-term debt	(1,184,900)	(15,000)
Payment of debt issuance costs	(10,214)	(600)
Net payment of notes payable	(18,000)	6,707
Dividends paid	(32,319)	(29,067)
Contingent consideration payment	0	(5,000)
Proceeds from stock options exercised	11,251	13,522
Repurchases of common stock	(2,560)	(3,885)
Net cash provided by financing activities	96,258	301,677
Effect of exchange rate changes on cash and cash equivalents	1,608	(15,439)
Net change in cash and cash equivalents	15,024	(1,078)
Cash and cash equivalents at beginning of period	79,910	61,786
Cash and cash equivalents at end of period	$ 94,934	$ 60,708

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	Note 1: Overview The accompanying unaudited interim Consolidated Financial Statements of H.B. Fuller Company and Subsidiaries have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and the instructions to Form 10 10 X. not not may The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and related disclosures at the date of the financial statements and during the reporting period. Actual results could differ from these estimates. These unaudited interim Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto included in our Annual Report on Form 10 December 3, 2022 New Accounting Pronouncements In September 2022, No. 2022 04, Liabilities - Supplier Finance Programs (Subtopic 405 50 December 1, 2024. Recently issued accounting standards or pronouncements not not

Note 2 - Acquisitions

Note 2 - Acquisitions	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	Note 2: Adhezion Biomedical LLC On June 23, 2023, 12 September 2, 2023 ts of $40,800, goodwill of $37,063 ts of $3,338. Goodwill represents expected synergies from combining Adhezion with our existing business. We are evaluating . Adhezion will be included in our Hygiene, Health and Consumable Adhesives operating segment. XChem International LLC On June 12, 2023, 18 September 2, 2023 ts of $8,664 ts of $5,927. Goodwill represents expected synergies from combining XChem with our existing business. Goodwill is not Beardow Adams Holdings Ltd. On May 1, 2023, 18 Beardow Adams September 2, 2023 ts of $40,485, goodwill of $45,961 ts of $14,439. Goodwill represents expected synergies from combining Beardow Adams with our existing business. We are evaluating Beardow Adams Aspen Research Corporation On January 31, 2023, 18 September 2, 2023 ts of $4,900, goodwill of $2,788 of $2,073. Goodwill represents expected synergies from combining Aspen with our existing business. Goodwill is deductible for tax purposes. A Lemtapes Oy On December 15, 2022, 18 September 2, 2023 ets of $5,526, goodwill of $955 and other net assets of $2,073. Goodwill represents expected synergies from combining Lemtapes with our existing business. Goodwill is not Lemta GSSI Sealants On October 24, 2022, 12 September 2, 2023 ssets of $3,400, goodwill of $1,123 and other net assets of $3,178. Goodwill represents expected synergies from combining GSSI with our existing business. Goodwill is not ZKLT Polymer Co. On August 16, 2022, 12 18 September 2, 2023 of $5,183, goodwill of $5,992 sets of $10,085. Goodwill represents expected synergies from combining ZKLT with our existing business. Goodwill is not 12 Apollo On January 26, 2022, the UK and throughout Europe. The acquisition fair value measurement was final as of December 3, 2022 not Fourny NV On January 11, 2022, 18 three September 2, 2023 December 3, 2022 of $1,391. Goodwill represents expected synergies from combining Fourny with our existing business. Goodwill is not All acquisitions, individually and in the aggregate, are not not

Note 3 - Restructuring Actions

Note 3 - Restructuring Actions	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	Note 3: During fiscal year 2023, second 2023 2026, 2023 2024. The following table summarizes the pre-tax restructuring charges by income statement classification: Three Months Ended Nine Months Ended September 2, 2023 August 27, 2022 September 2, 2023 August 27, 2022 Cost of sales $ 3,322 $ - $ 8,407 $ (152 ) Selling, general and administrative 5,077 (222 ) 8,320 (297 ) $ 8,399 $ (222 ) $ 16,727 $ (449 ) The restructuring charges are all recorded in Corporate Unallocated for segment reporting purposes. A summary of the restructuring liability is presented below: Employee-Related Asset-Related Total Balance at November 27, 2021 $ 1,095 $ - $ 1,095 Expenses incurred (449 ) - (449 ) Cash payments (529 ) - (529 ) Foreign currency translation (60 ) - (60 ) Balance at December 3, 2022 $ 57 $ - $ 57 Expenses incurred 16,394 333 16,727 Non-cash charges - (333 ) (333 ) Cash payments (6,910 ) - (6,910 ) Foreign currency translation (1,130 ) - (1,130 ) Balance at September 2, 2023 $ 8,411 $ - $ 8,411 Non-cash charges include accelerated depreciation resulting from the cessation of use of certain long-lived assets. Restructuring liabilities have been classified as a component of other accrued expenses on the Consolidated Balance Sheets.

Note 4 - Inventories

Note 4 - Inventories	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 4: The composition of inventories is as follows: September 2, December 3, 2023 2022 Raw materials $ 221,385 $ 237,071 Finished goods 251,256 254,710 Total inventories $ 472,641 $ 491,781

Note 5 - Goodwill and Other Int

Note 5 - Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 5: The goodwill activity by reportable segment for the nine September 2, 2023 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Balance at December 3, 2022 $ 328,962 $ 637,910 $ 425,755 $ 1,392,627 Acquisitions $ 84,158 $ 2,788 $ - 86,946 Foreign currency translation effect $ 3,416 $ 3,516 $ 4,030 10,962 Balance at September 2, 2023 $ 416,536 $ 644,214 $ 429,785 $ 1,490,535 Balances of amortizable identifiable intangible assets, excluding goodwill and other non-amortizable intangible assets, are as follows: September 2, 2023 Purchased Technology Customer Amortizable Intangible Assets and Patents Relationships Trade Names Other Total Original cost $ 144,597 $ 1,052,458 $ 55,379 $ 10,919 $ 1,263,353 Accumulated amortization (56,624 ) (432,044 ) (21,837 ) (6,797 ) (517,302 ) Net identifiable intangibles $ 87,973 $ 620,414 $ 33,542 $ 4,122 $ 746,051 December 3, 2022 Purchased Technology Customer Amortizable Intangible Assets and Patents Relationships Trade Names Other Total Original cost $ 118,727 $ 1,004,008 $ 50,324 $ 11,053 $ 1,184,112 Accumulated amortization (66,433 ) (388,394 ) (21,401 ) (6,251 ) (482,479 ) Net identifiable intangibles $ 52,294 $ 615,614 $ 28,923 $ 4,802 $ 701,633 Amortization expense with respect to amortizable intangible assets was $20,820 and $18,676 for the three September 2, 2023 August 27, 2022 nine September 2, 2023 August 27, 2022 Estimated aggregate amortization expense based on the current carrying value of amortizable intangible assets for the next five Remainder Fiscal Year 2023 2024 2025 2026 2027 Thereafter Amortization expense $ 17,238 $ 79,499 $ 76,732 $ 70,072 $ 66,754 $ 435,756 Non-amortizable intangible assets as of September 2, 2023 December 3, 2022 September 2, 2023 December 3, 2022

Note 6 - Long-term Debt

Note 6 - Long-term Debt	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 6: On February 15, 2023, October 20, 2020 October 20, 2017. first Term Loans Interest on Term Loan A is payable at the Secured Overnight Financing Rate ("SOFR") plus an adjustment of 0.10 percent and an interest rate spread of 1.75 percent (7.15 percent at September 2, 2023 February 15, 2028. August 16, 2023, September 2, 2023 February 15, 2030. On January 12, 2023, 1 February 28, 2023, 1 848, Reference Rate Reform 11 On March 16, 2023, 1 1 11 Revolving Credit Facility Interest on the Revolving Credit Facility is payable at SOFR plus an adjustment of 0.10 percent and an interest rate spread of 1.75 percent (7.15 percent at September 2, 2023 September 2, 2023 February 15, 2028. The Revolving Credit Facility can be drawn upon for general corporate purposes up to a maximum of $700,000, less issued letters of credit. At June 3, 2023, ity by $9,968. Covenants and Other Under the Second Amended and Restated Credit Agreement, the Revolving Credit Facility and Term Loan A are subject to certain covenants and restrictions. For these facilities, we are required to maintain a secured leverage ratio, as defined in the agreement, no 1.00 June 1, 2024 1.00 not 1.00. Restrictive covenants include, but are not third twelve We are subject to mandatory prepayments in the first 4.25:1.00 3.75:1.00. The principal balance of the Term Loan B loans will be repayable in equal quarterly installments in an aggregate annual amount equal to 1 percent of the original principal amount thereof, with the balance due at maturity on February 15, 2030. first eight eight February 15, 2028.

Note 7 - Components of Net Peri

Note 7 - Components of Net Periodic Benefit related to Pension and Other Postretirement Benefit Plans	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Retirement Benefits [Text Block]	Note 7: Three Months Ended September 2, 2023 and August 27, 2022 Other Pension Benefits Postretirement U.S. Plans Non-U.S. Plans Benefits Net periodic (benefit) cost: 2023 2022 2023 2022 2023 2022 Service cost $ - $ - $ 422 $ 666 $ - $ - Interest cost 3,475 2,368 1,454 679 301 184 Expected return on assets (7,205 ) (7,117 ) (1,785 ) (1,525 ) (2,465 ) (2,719 ) Amortization: Prior service (benefit) cost - (1 ) 16 15 - - Actuarial loss (gain) 635 1,013 506 570 - (845 ) Settlement charge - - - - - - Net periodic (benefit) cost $ (3,095 ) $ (3,737 ) $ 613 $ 405 $ (2,164 ) $ (3,380 ) Nine Months Ended September 2, 2023 and August 27, 2022 Other Pension Benefits Postretirement U.S. Plans Non-U.S. Plans Benefits Net periodic (benefit) cost: 2023 2022 2023 2022 2023 2022 Service cost $ - $ - $ 1,255 $ 2,086 $ - $ - Interest cost 10,426 7,103 4,300 2,204 903 551 Expected return on assets (21,617 ) (21,353 ) (5,277 ) (4,916 ) (7,394 ) (8,156 ) Amortization: Prior service (benefit) cost - (2 ) 47 47 - - Actuarial loss (gain) 1,906 3,040 1,496 1,830 - (2,535 ) Settlement charge - - - 3,329 - - Net periodic (benefit) cost $ (9,285 ) $ (11,212 ) $ 1,821 $ 4,580 $ (6,491 ) $ (10,140 ) Service cost is included with employee compensation cost in cost of sales and selling, general and administrative expenses in the Consolidated Statements of Income. The components of our net periodic defined benefit pension and postretirement benefit costs other than service cost are presented in other income, net in the Consolidated Statements of Income. In the nine August 27, 2022,

Note 8 - Accumulated Other Comp

Note 8 - Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Accumulated Other Comprehensive Income (Loss) Disclosure [Text Block]	Note 8: The following table provides details of total comprehensive income (loss): Three Months Ended September 2, 2023 Three Months Ended August 27, 2022 Non- Non- controlling controlling H.B. Fuller Stockholders Interest H.B. Fuller Stockholders Interest Pre-tax Tax Net Net Pre-tax Tax Net Net Net income attributable to H.B. Fuller and non-controlling interest $ 37,627 $ 23 $ 46,497 $ 33 Foreign currency translation¹ $ (8,710 ) $ - (8,710 ) (7 ) $ (87,743 ) $ - (87,743 ) (46 ) Defined benefit pension plans adjustment² 1,157 (294 ) 863 - 778 (94 ) 684 - Interest rate swaps³ 21,086 (5,188 ) 15,898 - 1,783 (437 ) 1,346 - Cross-currency swaps³ - - - - (377 ) 6 (371 ) - Net investment hedges³ (6,156 ) 1,515 (4,641 ) - - - - - Other comprehensive income (loss) $ 7,377 $ (3,967 ) $ 3,410 $ (7 ) $ (85,559 ) $ (525 ) $ (86,084 ) $ (46 ) Comprehensive income (loss) $ 41,037 $ 16 $ (39,587 ) $ (13 ) Nine Months Ended September 2, 2023 Nine Months Ended August 27, 2022 Non- Non- controlling controlling H.B. Fuller Stockholders Interest H.B. Fuller Stockholders Interest Pretax Tax Net Net Pretax Tax Net Net Net income attributable to H.B. Fuller and non-controlling interest $ 99,916 $ 71 $ 132,007 $ 70 Foreign currency translation adjustment¹ $ 14,070 $ - 14,070 (12 ) $ (165,302 ) $ - (165,302 ) (67 ) Defined benefit pension plans adjustment² 3,449 (877 ) 2,572 - 5,483 (1,507 ) 3,976 - Interest rate swap³ 19,557 (4,812 ) 14,745 - 14,473 (3,549 ) 10,924 - Cross-currency swaps³ - - - - (3,720 ) 56 (3,664 ) - Net investment hedges³ (13,694 ) 3,370 (10,324 ) - - - - - Other comprehensive income (loss) $ 23,382 $ (2,319 ) $ 21,063 (12 ) $ (149,066 ) $ (5,000 ) (154,066 ) (67 ) Comprehensive income (loss) $ 120,979 $ 59 $ (22,059 ) $ 3 ¹ Income taxes are not ² Loss reclassified from accumulated other comprehensive income ("AOCI") into earnings as part of net periodic cost related to pension and other postretirement benefit plans is reported in cost of sales and SG&A expense. ³ Income (loss) reclassified from AOCI into earnings is reported in other income, net. The components of accumulated other comprehensive loss are as follows: September 2, 2023 Non- H.B. Fuller controlling Total Stockholders Interest Foreign currency translation adjustment $ (249,973 ) $ (249,943 ) $ (30 ) Interest rate swap, net of taxes of ($4,812) 14,745 14,745 - Net investment hedges, net of taxes of $ 16,667 (51,067 ) (51,067 ) - Defined benefit pension plans adjustment, net of taxes of $ 66,867 (125,689 ) (125,689 ) - Reclassification of AOCI tax effects (18,341 ) (18,341 ) - Accumulated other comprehensive loss $ (430,325 ) $ (430,295 ) $ (30 ) December 3, 2022 Non- H.B. Fuller controlling Total Stockholders Interest Foreign currency translation adjustment $ (264,054 ) $ (264,012 ) $ (42 ) Net investment hedges, net of taxes of $ 13,297 (40,743 ) (40,743 ) - Defined benefit pension plans adjustment, net of taxes of $ 67,744 (128,261 ) (128,261 ) - Reclassification of AOCI tax effects (18,341 ) (18,341 ) - Accumulated other comprehensive loss $ (451,399 ) $ (451,357 ) $ (42 )

Note 9 - Income Taxes

Note 9 - Income Taxes	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 9: Income tax expense for the three nine September 2, 2023 three nine September 2, 2023 Income tax expense for the three nine August 27, 2022 three nine August 27, 2022 As of September 2, 2023 December 3, 2022 September 2, 2023 December 3, 2022

Note 10 - Earnings Per Share

Note 10 - Earnings Per Share	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 10: A reconciliation of the common share components for the basic and diluted earnings per share calculations is as follows: Three Months Ended Nine Months Ended September 2, August 27, September 2, August 27, (Shares in thousands) 2023 2022 2023 2022 Weighted-average common shares - basic 54,394 53,644 54,279 53,498 Equivalent shares from share-based compensations plans 1,639 1,486 1,611 1,703 Weighted-average common and common equivalent shares diluted 56,033 55,130 55,890 55,201 Basic earnings per share is calculated by dividing net income attributable to H.B. Fuller by the weighted-average number of common shares outstanding during the applicable period. Diluted earnings per share is based upon the weighted-average number of common and common equivalent shares outstanding during the applicable period. The difference between basic and diluted earnings per share is attributable to share-based compensation awards. We use the treasury stock method to calculate the effect of outstanding shares, which computes total employee proceeds as the sum of (a) the amount the employee must pay upon exercise of the award and (b) the amount of unearned share-based compensation costs attributed to future services. Share-based compensation awards for which total employee proceeds exceed the average market price over the applicable period have an antidilutive effect on earnings per share, and accordingly, are excluded from the calculation of diluted earnings per share. Share-based compensation awards of 1,025,337 and 573,914 shares for the three September 2, 2023 August 27, 2022 nine September 2, 2023 August 27, 2022

Note 11 - Financial Instruments

Note 11 - Financial Instruments	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note 11: Overview As a result of being a global enterprise, foreign currency exchange rates and fluctuations in those rates may We use foreign currency forward contracts, cross-currency swaps, interest rate swaps and net investment hedges to manage risks associated with foreign currency exchange rates and interest rates. We do not no We are exposed to credit risk in the event of nonperformance of counterparties for foreign currency forward exchange contracts and interest rate swap agreements. We select investment-grade multinational banks and financial institutions as counterparties for derivative transactions and monitor the credit quality of each of these banks on a periodic basis as warranted. We do not Cash Flow Hedges On January 12, 2023, 1 January 12, 2028. February 28, 2023, swap agreement to our 1 848, Reference Rate Reform . The combined fair value of the interest rate swap was an asset of $6,652 at September 2, 2023 and was included in other assets i On March 16, 2023, 1 February 15, 2028. s an asset of $4,227 a September 2, 2023 in other liabilities On March 16, 2023, 1 February 15, 2028. asset of $951 September 2, 2023 n other liabilities in The amounts of pretax gains (losses) recognized in Comprehensive Income related to derivative instruments designated as cash flow hedges are as follows: Three Months Ended Nine Months Ended September 2, 2023 August 27, 2022 September 2, 2023 August 27, 2022 Cross-currency swap contracts $ - $ (377 ) $ - $ (3,720 ) Interest rate swap contracts 21,086 1,783 19,557 14,473 Fair Value Hedges On February 12, 2021, October 20, 2020 1 June 30, 2023, 1 848, Reference Rate Reform These interest rate swap agreements mature on October 15, 2028. ty of $46,843 a September 2, 2023 Net Investment Hedges On October 17, 2022, €307,173 October 2028. October 20, 2022, €300,000 August 2025, August 2026 February 2027. June 30, 2023, 1 t. As a result, the 1 percent. On July 17, 2023, 1 percent. We applied the practical expedients included in ASC 848, Reference Rate Reform September 2, 2023 , the combined fair value of the swaps w as a liability other liabilities The swaps are designated as net investment hedges for accounting treatment. The net gains or losses attributable to changes in spot exchange rates are recorded in the cumulative translation adjustment within other comprehensive income (loss). The gains or losses are reclassified into earnings upon a liquidation event or deconsolidation of the foreign subsidiary. Any ineffective portions of net investment hedges are reclassified from accumulated other comprehensive income (loss) into earnings during the period of change. The amount in accumulated other comprehensive income (loss) related to net investment hedge cross-currency swaps was a loss of $51,067 September 2, 2023 dge was $13,694 nine September 2, 2023 September 2, 2023 not not twelve No Derivatives Not We use foreign currency forward contracts to offset our exposure to the change in value of certain foreign currency denominated assets and liabilities held at foreign subsidiaries that are remeasured at the end of each period. Although the contracts are effective economic hedges, they are not As of September 2, 2023 between September 6, 2023 May 13, 2024 . The ma The amounts of pretax gains (losses) recognized in other income, net related to derivative instruments not nine September 2, 2023 August 27, 2022 a Concentrations of credit risk with respect to trade accounts receivable are limited due to the large number of entities in the customer base and their dispersion across many different industries and countries. As of September 2, 2023 no

Note 12 - Fair Value Measuremen

Note 12 - Fair Value Measurements	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 12: Overview Estimates of fair value for financial assets and liabilities are based on the framework established in the accounting guidance for fair value measurements. The framework defines fair value, provides guidance for measuring fair value and requires certain disclosures. The framework discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow) and the cost approach (cost to replace the service capacity of an asset or replacement cost). The framework utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three three ● Level 1: ● Level 2: not ● Level 3: Balances Measured at Fair Value on a Recurring Basis The following table presents information about our financial assets and liabilities that are measured at fair value on a recurring basis as of September 2, 2023 December 3, 2022 September 2, Fair Value Measurements Using: Description 2023 Level 1 Level 2 Level 3 Assets: Marketable securities $ 1,565 $ 1,565 $ - $ - Foreign exchange contract assets 6,410 - 6,410 - Interest rate swaps, cash flow hedge assets 11,830 - 11,830 - Liabilities: Foreign exchange contract liabilities $ 7,208 $ - 7,208 $ - Interest rate swaps, fair value hedge liabilities 46,843 - 46,843 - Net investment hedge liabilities 67,740 - 67,740 - Contingent consideration liabilities 4,632 - - 4,632 December 3, Fair Value Measurements Using: Description 2022 Level 1 Level 2 Level 3 Assets: Marketable securities $ 4,013 $ 4,013 $ - $ - Foreign exchange contract assets 10,282 - 10,282 - Liabilities: Foreign exchange contract liabilities $ 4,570 $ - $ 4,570 $ - Interest rate swaps, fair value hedge liabilities 42,542 - 42,542 Net investment hedge liabilities 54,046 - 54,046 - Contingent consideration liabilities 1,977 - - 1,977 The valuation of our contingent consideration liability related to the acquisitions of ZKLT and TissueSeal was $4,132 and $500, respectively, as of September 2, 2023 2 Amounts Balance at December 3, 2022 $ 1,977 Fair value adjustment 2,893 Foreign currency translation adjustment (238 ) Balance at September 2, 2023 $ 4,632 Balances Measured at Fair Value on a Nonrecurring Basis We measure certain assets and liabilities at fair value on a nonrecurring basis. These assets include intangible assets acquired in an acquisition. The identified intangible assets of customer relationships, technology and tradenames acquired in connection with our acquisitions were measured using unobservable (Level 3 See Note 2 Balances Disclosed at Fair Value Long-term debt had an estimated fair value of $1,744,678 and $1,713,257 as of September 2, 2023 December 3, 2022 not

Note 13 - Commitments and Conti

Note 13 - Commitments and Contingencies	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 13: Environmental Matters We are involved in environmental investigations, clean-up activities and administrative proceedings related to environmental compliance matters at former and current operating facilities. We have also been identified as a potentially responsible party (“PRP”) under the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”) and/or similar state laws that impose liability for costs relating to the clean-up of contamination resulting from past spills, disposal or other release of hazardous substances associated with landfills and/or hazardous waste sites. As a PRP, we may September 2, 2023 December 3, 2022 September 2, 2023 December 3, 2022 While uncertainties exist with respect to the amounts and timing of the ultimate environmental liabilities, based on currently available information, we have concluded that these matters, individually or in the aggregate, will not Other Legal Proceedings From time to time and in the ordinary course of business, we are a party to, or a target of, lawsuits, claims, investigations and proceedings, including product liability, personal injury, contract, patent and intellectual property, environmental, health and safety, tax and employment matters. While we are unable to predict the outcome of these matters, we have concluded, based upon currently available information, that the ultimate resolution of any pending matter, individually or in the aggregate, including the asbestos litigation described in the following paragraphs, will not We have been named as a defendant in lawsuits in which plaintiffs have alleged injury due to products containing asbestos manufactured more than 35 A significant portion of the defense costs and settlements in asbestos-related litigation is paid by third 1976 third third third In addition to the indemnification arrangements with third A summary of the number of and settlement amounts for asbestos-related lawsuits and claims is as follows: Nine Months Ended 3 Years Ended September 2, 2023 August 27, 2022 December 3, 2022 Lawsuits and claims settled 6 3 13 Settlement amounts $ 3,985 $ 206 $ 511 Insurance payments received or expected to be received $ 2,307 $ 139 $ 338 We do not Based on currently available information, we have concluded that the resolution of any pending matter, including asbestos-related litigation, individually or in the aggregate, will not

Note 14 - Segments

Note 14 - Segments	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 14: We are required to report segment information in the same way that we internally organize our business for assessing performance and making decisions regarding allocation of resources. Revenue and operating income of each of our segments are regularly reviewed by our chief operating decision maker to make decisions about resources to be allocated to the segments and assess their performance. Segment operating income is identified as gross profit less SG&A expenses. Corporate expenses, other than those included in Corporate Unallocated, are allocated to each operating segment. Consistent with our internal management reporting, Corporate Unallocated amounts include business acquisition and integration costs, organizational restructuring charges and project costs associated with implementing a global Enterprise Resource Planning (“ERP”) system that we refer to as Project ONE. Corporate assets are not We have three reportable segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives and Construction Adhesives. The business components within each operating segment are managed to maximize the results of the overall operating segment rather than the results of any individual business component of the operating segment. Results of individual components of each operating segment are subject to numerous allocations of segment-wide costs that may may not not The table below provides certain information regarding net revenue and operating income (loss) for each of our operating segments. Three Months Ended September 2, 2023 August 27, 2022 Net Operating Net Operating Revenue Income (Loss) Revenue Income (Loss) Hygiene, Health and Consumable Adhesives $ 402,388 $ 52,737 $ 424,978 $ 47,470 Engineering Adhesives 365,862 52,931 378,264 39,776 Construction Adhesives 132,384 5,853 137,988 6,391 Total segment $ 900,634 $ 111,521 $ 941,230 $ 93,637 Corporate Unallocated 1 - (20,202 ) - (5,683 ) Total $ 900,634 $ 91,319 $ 941,230 $ 87,954 Nine Months Ended September 2, 2023 August 27, 2022 Net Operating Net Operating Revenue Income (Loss) Revenue Income (Loss) Hygiene, Health and Consumable Adhesives $ 1,190,402 $ 149,474 $ 1,252,405 $ 122,950 Engineering Adhesives 1,063,009 129,806 1,137,587 115,266 Construction Adhesives 354,644 2,189 400,977 22,032 Total segment $ 2,608,055 $ 281,469 $ 2,790,969 $ 260,248 Corporate Unallocated - (39,734 ) - (27,780 ) Total $ 2,608,055 $ 241,735 $ 2,790,969 $ 232,468 1 not The table below provides a reconciliation of operating income to income before income taxes and income from equity method investments: Three Months Ended Nine Months Ended September 2, August 27, September 2, August 27, 2023 2022 2023 2022 Operating income $ 91,319 $ 87,954 $ 241,735 $ 232,468 Other income, net 1,555 6,559 4,764 12,701 Interest expense (35,105 ) (23,450 ) (101,305 ) (61,475 ) Interest income 1,128 2,139 2,726 6,170 Income before income taxes and income from equity method investments $ 58,897 $ 73,202 $ 147,920 $ 189,864 We view the following disaggregation of net revenue by geographic region as useful to understanding the composition of revenue recognized during the respective reporting periods: Three Months Ended September 2, 2023 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 227,947 $ 147,115 $ 100,510 $ 475,572 EIMEA 127,080 109,151 23,443 259,674 Asia Pacific 47,361 109,596 8,431 165,388 Total $ 402,388 $ 365,862 $ 132,384 $ 900,634 Three Months Ended August 27, 2022 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 261,751 $ 165,398 $ 106,169 $ 533,318 EIMEA 114,186 111,734 23,519 249,439 Asia Pacific 49,041 101,132 8,300 158,473 Total $ 424,978 $ 378,264 $ 137,988 $ 941,230 Nine Months Ended September 2, 2023 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 688,890 $ 429,824 $ 273,116 $ 1,391,830 EIMEA 348,876 341,710 57,938 748,524 Asia Pacific 152,636 291,475 23,590 467,701 Total $ 1,190,402 $ 1,063,009 $ 354,644 $ 2,608,055 Nine Months Ended August 27, 2022 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 737,689 $ 465,285 $ 321,167 $ 1,524,141 EIMEA 351,983 361,485 58,450 771,918 Asia Pacific 162,733 310,817 21,360 494,910 Total $ 1,252,405 $ 1,137,587 $ 400,977 $ 2,790,969

Note 15 - Subsequent Event

Note 15 - Subsequent Event	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	Note 15: Acquisition On September 8, 2023, .

Item 5. Other Information

Item 5. Other Information	9 Months Ended
	Sep. 02, 2023
Notes to Financial Statements
Issuer Rule 10b5-1, Material Terms [Text Block]	Item 5. Rule 10b5 1 Adoptions Modifications None.

Note 3 - Restructuring Actions

Note 3 - Restructuring Actions (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Restructuring and Related Costs [Table Text Block]	Three Months Ended Nine Months Ended September 2, 2023 August 27, 2022 September 2, 2023 August 27, 2022 Cost of sales $ 3,322 $ - $ 8,407 $ (152 ) Selling, general and administrative 5,077 (222 ) 8,320 (297 ) $ 8,399 $ (222 ) $ 16,727 $ (449 )
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	Employee-Related Asset-Related Total Balance at November 27, 2021 $ 1,095 $ - $ 1,095 Expenses incurred (449 ) - (449 ) Cash payments (529 ) - (529 ) Foreign currency translation (60 ) - (60 ) Balance at December 3, 2022 $ 57 $ - $ 57 Expenses incurred 16,394 333 16,727 Non-cash charges - (333 ) (333 ) Cash payments (6,910 ) - (6,910 ) Foreign currency translation (1,130 ) - (1,130 ) Balance at September 2, 2023 $ 8,411 $ - $ 8,411

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 2, December 3, 2023 2022 Raw materials $ 221,385 $ 237,071 Finished goods 251,256 254,710 Total inventories $ 472,641 $ 491,781

Note 5 - Goodwill and Other I_2

Note 5 - Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Schedule of Goodwill [Table Text Block]	Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Balance at December 3, 2022 $ 328,962 $ 637,910 $ 425,755 $ 1,392,627 Acquisitions $ 84,158 $ 2,788 $ - 86,946 Foreign currency translation effect $ 3,416 $ 3,516 $ 4,030 10,962 Balance at September 2, 2023 $ 416,536 $ 644,214 $ 429,785 $ 1,490,535
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]	September 2, 2023 Purchased Technology Customer Amortizable Intangible Assets and Patents Relationships Trade Names Other Total Original cost $ 144,597 $ 1,052,458 $ 55,379 $ 10,919 $ 1,263,353 Accumulated amortization (56,624 ) (432,044 ) (21,837 ) (6,797 ) (517,302 ) Net identifiable intangibles $ 87,973 $ 620,414 $ 33,542 $ 4,122 $ 746,051 December 3, 2022 Purchased Technology Customer Amortizable Intangible Assets and Patents Relationships Trade Names Other Total Original cost $ 118,727 $ 1,004,008 $ 50,324 $ 11,053 $ 1,184,112 Accumulated amortization (66,433 ) (388,394 ) (21,401 ) (6,251 ) (482,479 ) Net identifiable intangibles $ 52,294 $ 615,614 $ 28,923 $ 4,802 $ 701,633
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Remainder Fiscal Year 2023 2024 2025 2026 2027 Thereafter Amortization expense $ 17,238 $ 79,499 $ 76,732 $ 70,072 $ 66,754 $ 435,756

Note 7 - Components of Net Pe_2

Note 7 - Components of Net Periodic Benefit related to Pension and Other Postretirement Benefit Plans (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Three Months Ended September 2, 2023 and August 27, 2022 Other Pension Benefits Postretirement U.S. Plans Non-U.S. Plans Benefits Net periodic (benefit) cost: 2023 2022 2023 2022 2023 2022 Service cost $ - $ - $ 422 $ 666 $ - $ - Interest cost 3,475 2,368 1,454 679 301 184 Expected return on assets (7,205 ) (7,117 ) (1,785 ) (1,525 ) (2,465 ) (2,719 ) Amortization: Prior service (benefit) cost - (1 ) 16 15 - - Actuarial loss (gain) 635 1,013 506 570 - (845 ) Settlement charge - - - - - - Net periodic (benefit) cost $ (3,095 ) $ (3,737 ) $ 613 $ 405 $ (2,164 ) $ (3,380 ) Nine Months Ended September 2, 2023 and August 27, 2022 Other Pension Benefits Postretirement U.S. Plans Non-U.S. Plans Benefits Net periodic (benefit) cost: 2023 2022 2023 2022 2023 2022 Service cost $ - $ - $ 1,255 $ 2,086 $ - $ - Interest cost 10,426 7,103 4,300 2,204 903 551 Expected return on assets (21,617 ) (21,353 ) (5,277 ) (4,916 ) (7,394 ) (8,156 ) Amortization: Prior service (benefit) cost - (2 ) 47 47 - - Actuarial loss (gain) 1,906 3,040 1,496 1,830 - (2,535 ) Settlement charge - - - 3,329 - - Net periodic (benefit) cost $ (9,285 ) $ (11,212 ) $ 1,821 $ 4,580 $ (6,491 ) $ (10,140 )

Note 8 - Accumulated Other Co_2

Note 8 - Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	Three Months Ended September 2, 2023 Three Months Ended August 27, 2022 Non- Non- controlling controlling H.B. Fuller Stockholders Interest H.B. Fuller Stockholders Interest Pre-tax Tax Net Net Pre-tax Tax Net Net Net income attributable to H.B. Fuller and non-controlling interest $ 37,627 $ 23 $ 46,497 $ 33 Foreign currency translation¹ $ (8,710 ) $ - (8,710 ) (7 ) $ (87,743 ) $ - (87,743 ) (46 ) Defined benefit pension plans adjustment² 1,157 (294 ) 863 - 778 (94 ) 684 - Interest rate swaps³ 21,086 (5,188 ) 15,898 - 1,783 (437 ) 1,346 - Cross-currency swaps³ - - - - (377 ) 6 (371 ) - Net investment hedges³ (6,156 ) 1,515 (4,641 ) - - - - - Other comprehensive income (loss) $ 7,377 $ (3,967 ) $ 3,410 $ (7 ) $ (85,559 ) $ (525 ) $ (86,084 ) $ (46 ) Comprehensive income (loss) $ 41,037 $ 16 $ (39,587 ) $ (13 ) Nine Months Ended September 2, 2023 Nine Months Ended August 27, 2022 Non- Non- controlling controlling H.B. Fuller Stockholders Interest H.B. Fuller Stockholders Interest Pretax Tax Net Net Pretax Tax Net Net Net income attributable to H.B. Fuller and non-controlling interest $ 99,916 $ 71 $ 132,007 $ 70 Foreign currency translation adjustment¹ $ 14,070 $ - 14,070 (12 ) $ (165,302 ) $ - (165,302 ) (67 ) Defined benefit pension plans adjustment² 3,449 (877 ) 2,572 - 5,483 (1,507 ) 3,976 - Interest rate swap³ 19,557 (4,812 ) 14,745 - 14,473 (3,549 ) 10,924 - Cross-currency swaps³ - - - - (3,720 ) 56 (3,664 ) - Net investment hedges³ (13,694 ) 3,370 (10,324 ) - - - - - Other comprehensive income (loss) $ 23,382 $ (2,319 ) $ 21,063 (12 ) $ (149,066 ) $ (5,000 ) (154,066 ) (67 ) Comprehensive income (loss) $ 120,979 $ 59 $ (22,059 ) $ 3
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	September 2, 2023 Non- H.B. Fuller controlling Total Stockholders Interest Foreign currency translation adjustment $ (249,973 ) $ (249,943 ) $ (30 ) Interest rate swap, net of taxes of ($4,812) 14,745 14,745 - Net investment hedges, net of taxes of $ 16,667 (51,067 ) (51,067 ) - Defined benefit pension plans adjustment, net of taxes of $ 66,867 (125,689 ) (125,689 ) - Reclassification of AOCI tax effects (18,341 ) (18,341 ) - Accumulated other comprehensive loss $ (430,325 ) $ (430,295 ) $ (30 ) December 3, 2022 Non- H.B. Fuller controlling Total Stockholders Interest Foreign currency translation adjustment $ (264,054 ) $ (264,012 ) $ (42 ) Net investment hedges, net of taxes of $ 13,297 (40,743 ) (40,743 ) - Defined benefit pension plans adjustment, net of taxes of $ 67,744 (128,261 ) (128,261 ) - Reclassification of AOCI tax effects (18,341 ) (18,341 ) - Accumulated other comprehensive loss $ (451,399 ) $ (451,357 ) $ (42 )

Note 10 - Earnings Per Share (T

Note 10 - Earnings Per Share (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended September 2, August 27, September 2, August 27, (Shares in thousands) 2023 2022 2023 2022 Weighted-average common shares - basic 54,394 53,644 54,279 53,498 Equivalent shares from share-based compensations plans 1,639 1,486 1,611 1,703 Weighted-average common and common equivalent shares diluted 56,033 55,130 55,890 55,201

Note 11 - Financial Instrumen_2

Note 11 - Financial Instruments (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Derivative Instruments, Gain (Loss) [Table Text Block]	Three Months Ended Nine Months Ended September 2, 2023 August 27, 2022 September 2, 2023 August 27, 2022 Cross-currency swap contracts $ - $ (377 ) $ - $ (3,720 ) Interest rate swap contracts 21,086 1,783 19,557 14,473

Note 12 - Fair Value Measurem_2

Note 12 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	September 2, Fair Value Measurements Using: Description 2023 Level 1 Level 2 Level 3 Assets: Marketable securities $ 1,565 $ 1,565 $ - $ - Foreign exchange contract assets 6,410 - 6,410 - Interest rate swaps, cash flow hedge assets 11,830 - 11,830 - Liabilities: Foreign exchange contract liabilities $ 7,208 $ - 7,208 $ - Interest rate swaps, fair value hedge liabilities 46,843 - 46,843 - Net investment hedge liabilities 67,740 - 67,740 - Contingent consideration liabilities 4,632 - - 4,632 December 3, Fair Value Measurements Using: Description 2022 Level 1 Level 2 Level 3 Assets: Marketable securities $ 4,013 $ 4,013 $ - $ - Foreign exchange contract assets 10,282 - 10,282 - Liabilities: Foreign exchange contract liabilities $ 4,570 $ - $ 4,570 $ - Interest rate swaps, fair value hedge liabilities 42,542 - 42,542 Net investment hedge liabilities 54,046 - 54,046 - Contingent consideration liabilities 1,977 - - 1,977
Contingent Consideration Liability [Member]
Notes Tables
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Amounts Balance at December 3, 2022 $ 1,977 Fair value adjustment 2,893 Foreign currency translation adjustment (238 ) Balance at September 2, 2023 $ 4,632

Note 13 - Commitments and Con_2

Note 13 - Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Schedule of Loss Contingencies by Contingency [Table Text Block]	Nine Months Ended 3 Years Ended September 2, 2023 August 27, 2022 December 3, 2022 Lawsuits and claims settled 6 3 13 Settlement amounts $ 3,985 $ 206 $ 511 Insurance payments received or expected to be received $ 2,307 $ 139 $ 338

Note 14 - Segments (Tables)

Note 14 - Segments (Tables)	9 Months Ended
	Sep. 02, 2023
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended September 2, 2023 August 27, 2022 Net Operating Net Operating Revenue Income (Loss) Revenue Income (Loss) Hygiene, Health and Consumable Adhesives $ 402,388 $ 52,737 $ 424,978 $ 47,470 Engineering Adhesives 365,862 52,931 378,264 39,776 Construction Adhesives 132,384 5,853 137,988 6,391 Total segment $ 900,634 $ 111,521 $ 941,230 $ 93,637 Corporate Unallocated 1 - (20,202 ) - (5,683 ) Total $ 900,634 $ 91,319 $ 941,230 $ 87,954 Nine Months Ended September 2, 2023 August 27, 2022 Net Operating Net Operating Revenue Income (Loss) Revenue Income (Loss) Hygiene, Health and Consumable Adhesives $ 1,190,402 $ 149,474 $ 1,252,405 $ 122,950 Engineering Adhesives 1,063,009 129,806 1,137,587 115,266 Construction Adhesives 354,644 2,189 400,977 22,032 Total segment $ 2,608,055 $ 281,469 $ 2,790,969 $ 260,248 Corporate Unallocated - (39,734 ) - (27,780 ) Total $ 2,608,055 $ 241,735 $ 2,790,969 $ 232,468
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended Nine Months Ended September 2, August 27, September 2, August 27, 2023 2022 2023 2022 Operating income $ 91,319 $ 87,954 $ 241,735 $ 232,468 Other income, net 1,555 6,559 4,764 12,701 Interest expense (35,105 ) (23,450 ) (101,305 ) (61,475 ) Interest income 1,128 2,139 2,726 6,170 Income before income taxes and income from equity method investments $ 58,897 $ 73,202 $ 147,920 $ 189,864
Disaggregation of Revenue [Table Text Block]	Three Months Ended September 2, 2023 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 227,947 $ 147,115 $ 100,510 $ 475,572 EIMEA 127,080 109,151 23,443 259,674 Asia Pacific 47,361 109,596 8,431 165,388 Total $ 402,388 $ 365,862 $ 132,384 $ 900,634 Three Months Ended August 27, 2022 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 261,751 $ 165,398 $ 106,169 $ 533,318 EIMEA 114,186 111,734 23,519 249,439 Asia Pacific 49,041 101,132 8,300 158,473 Total $ 424,978 $ 378,264 $ 137,988 $ 941,230 Nine Months Ended September 2, 2023 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 688,890 $ 429,824 $ 273,116 $ 1,391,830 EIMEA 348,876 341,710 57,938 748,524 Asia Pacific 152,636 291,475 23,590 467,701 Total $ 1,190,402 $ 1,063,009 $ 354,644 $ 2,608,055 Nine Months Ended August 27, 2022 Hygiene, Health and Consumable Engineering Construction Adhesives Adhesives Adhesives Total Americas $ 737,689 $ 465,285 $ 321,167 $ 1,524,141 EIMEA 351,983 361,485 58,450 771,918 Asia Pacific 162,733 310,817 21,360 494,910 Total $ 1,252,405 $ 1,137,587 $ 400,977 $ 2,790,969

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) € in Thousands, ¥ in Thousands, £ in Thousands, $ in Thousands															3 Months Ended
	Jun. 23, 2023 USD ($)	Jun. 12, 2023 USD ($)	May 01, 2023 USD ($)	May 01, 2023 GBP (£)	Jan. 31, 2023 USD ($)	Dec. 15, 2022 USD ($)	Dec. 15, 2022 EUR (€)	Oct. 24, 2022 USD ($)	Aug. 16, 2022 USD ($)	Aug. 16, 2022 CNY (¥)	Jan. 26, 2022 USD ($)	Jan. 26, 2022 GBP (£)	Jan. 11, 2022 USD ($)	Jan. 11, 2022 EUR (€)	Sep. 02, 2023 USD ($)	Dec. 03, 2022 USD ($)	Aug. 16, 2022 CNY (¥)
Goodwill															$ 1,490,535	$ 1,392,627
Construction Adhesives [Member]
Goodwill															429,785	425,755
Adhezion [Member]
Business Combination, Consideration Transferred	$ 81,201
Payments to Acquire Businesses, Holdback Amount	780
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 15,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill															40,800
Goodwill															37,063
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets															3,338
Xchem [Member]
Business Combination, Consideration Transferred		$ 14,591
Payments to Acquire Businesses, Holdback Amount		1,650
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		8,664
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets		$ 5,927
Beardow Adams [Member]
Payments to Acquire Businesses, Holdback Amount | £				£ 8,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill															40,485
Goodwill															45,961
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets															14,439
Payments to Acquire Businesses, Gross			$ 100,885	£ 80,738
Aspen Research Corporation [Member]
Payments to Acquire Businesses, Holdback Amount					$ 500
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill															4,900
Goodwill															2,788
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets															2,073
Payments to Acquire Businesses, Gross					$ 9,761
Lemtapes [Member]
Payments to Acquire Businesses, Holdback Amount | €							€ 850
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill															5,526
Goodwill															955
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets															2,073
Payments to Acquire Businesses, Gross						$ 8,554	€ 8,048
GSSI Sealants, Inc. [Member]
Business Combination, Consideration Transferred								$ 7,701
Business Acquisition, Holdback Amount, Paid on 12 Month								$ 1,050
GSSI Sealants, Inc. [Member] | Construction Adhesives [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill															3,400
Goodwill															1,123
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets															3,178
ZKLT Polymer Co., Ltd [Member]
Business Combination, Consideration Transferred									$ 21,260	¥ 143,965
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High									4,132								¥ 30,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill															5,183
Goodwill															5,992
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets															10,085
Business Combination, Required Payments Each 12 and 18 month									$ 3,987	¥ 27,000
Apollo [Member] | UNITED KINGDOM
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill																76,198
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets																10,036
Payments to Acquire Businesses, Gross											$ 205,592	£ 152,714
Business Acquisition, Goodwill, Expected Tax Deductible Amount											$ 0
Apollo [Member] | UNITED KINGDOM | Trademarks and Trade Names [Member]
Goodwill																119,358
Fourny NV [Member] | BELGIUM
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill																10,117
Goodwill																6,455
Payments to Acquire Businesses, Gross													$ 14,627	€ 12,867	$ 3,060
Business Acquisition, Goodwill, Expected Tax Deductible Amount																0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents																$ 1,391

Note 3 - Restructuring Action_2

Note 3 - Restructuring Actions (Details Textual) $ in Millions	Sep. 02, 2023 USD ($)
Severance and Other [Member]
Restructuring and Related Cost, Expected Cost	$ 39.1
Income Taxes [Member]
Restructuring and Related Cost, Expected Cost	$ 44.1

Note 3 - Restructuring Action_3

Note 3 - Restructuring Actions - Restructuring Charges (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022	Dec. 03, 2022
Expenses incurred	$ 8,399	$ (222)	$ 16,727	$ (449)	$ (449)
Cost of Sales [Member]
Expenses incurred	3,322	0	8,407	(152)
Selling, General and Administrative Expenses [Member]
Expenses incurred	$ 5,077	$ (222)	$ 8,320	$ (297)

Note 3 - Restructuring Action_4

Note 3 - Restructuring Actions - Restructuring Reserve (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022	Dec. 03, 2022
Balance			$ 57	$ 1,095	$ 1,095
Expenses incurred	$ 8,399	$ (222)	16,727	(449)	(449)
Cash payments			(6,910)		(529)
Foreign currency translation			(1,130)		(60)
Non-cash charges			(333)
Balance	8,411		8,411		57
Employee Related [Member]
Balance			57	1,095	1,095
Expenses incurred			16,394		(449)
Cash payments			(6,910)		(529)
Foreign currency translation			(1,130)		(60)
Non-cash charges			0
Balance	8,411		8,411		57
Asset Related [Member]
Balance			0	$ 0	0
Expenses incurred			333		0
Cash payments			0		0
Foreign currency translation			0		0
Non-cash charges			(333)
Balance	$ 0		$ 0		$ 0

Note 4 - Inventories - Inventor

Note 4 - Inventories - Inventories (Details) - USD ($) $ in Thousands	Sep. 02, 2023	Dec. 03, 2022
Raw materials	$ 221,385	$ 237,071
Finished goods	251,256	254,710
Total inventories	$ 472,641	$ 491,781

Note 5 - Goodwill and Other I_3

Note 5 - Goodwill and Other Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022	Dec. 03, 2022
Amortization of Intangible Assets	$ 20,820	$ 18,676	$ 58,633	$ 55,088
Indefinite Lived Trademarks and Trade Names	$ 470		$ 470		$ 459

Note 5 - Goodwill and Other I_4

Note 5 - Goodwill and Other Intangible Assets - Goodwill Balance (Details) $ in Thousands	9 Months Ended
	Sep. 02, 2023 USD ($)
Balance	$ 1,392,627
Acquisitions	86,946
Foreign currency translation effect	10,962
Balance	1,490,535
Hygiene, Health, and Consumable Adhesives [Member]
Balance	328,962
Acquisitions	84,158
Foreign currency translation effect	3,416
Balance	416,536
Engineering Adhesives [Member]
Balance	637,910
Acquisitions	2,788
Foreign currency translation effect	3,516
Balance	644,214
Construction Adhesives [Member]
Balance	425,755
Acquisitions	0
Foreign currency translation effect	4,030
Balance	$ 429,785

Note 5 - Goodwill and Other I_5

Note 5 - Goodwill and Other Intangible Assets - Amortizable Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 02, 2023	Dec. 03, 2022
Original cost	$ 1,263,353	$ 1,184,112
Accumulated amortization	(517,302)	(482,479)
Net identifiable intangibles	746,051	701,633
Purchased Technology And Patents [Member]
Original cost	144,597	118,727
Accumulated amortization	(56,624)	(66,433)
Net identifiable intangibles	87,973	52,294
Customer Relationships [Member]
Original cost	1,052,458	1,004,008
Accumulated amortization	(432,044)	(388,394)
Net identifiable intangibles	620,414	615,614
Trade Names [Member]
Original cost	55,379	50,324
Accumulated amortization	(21,837)	(21,401)
Net identifiable intangibles	33,542	28,923
Other Intangible Assets [Member]
Original cost	10,919	11,053
Accumulated amortization	(6,797)	(6,251)
Net identifiable intangibles	$ 4,122	$ 4,802

Note 5 - Goodwill and Other I_6

Note 5 - Goodwill and Other Intangible Assets - Estimated Aggregate Amortization Expense (Details) $ in Thousands	Sep. 02, 2023 USD ($)
2023	$ 17,238
2024	79,499
2025	76,732
2026	70,072
2027	66,754
Thereafter	$ 435,756

Note 6 - Long-term Debt (Detail

Note 6 - Long-term Debt (Details Textual) - USD ($) $ in Thousands	Sep. 02, 2023	Aug. 16, 2023	Feb. 15, 2023	Mar. 16, 2023	Feb. 28, 2023	Jan. 13, 2023	Jan. 12, 2023	Feb. 15, 2022
Interest Rate Swap [Member]
Derivative, Amount of Hedged Item				$ 300,000		$ 400,000	$ 400,000
Derivative, Fixed Interest Rate				3.721%	3.726%	3.6895%	3.6895%
Interest Rate Swap 2 [Member]
Derivative, Amount of Hedged Item				$ 100,000
Derivative, Fixed Interest Rate				3.899%
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 700,000					$ 700,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage			25%
Long-Term Line of Credit, Total	$ 0
Letters of Credit Outstanding, Amount								$ 9,968
Debt Instrument, Covenant, Secured Leverage Ratio for Fiscal Quarters Ending on or Prior to June 1, 2024			4.75
Debt Instrument, Covenant, Secured Leverage Ratio for Fiscal Quarters Ending After June 1, 2024			4.50
Debt Instrument, Covenant, Interest Coverage Ratio			2
Revolving Credit Facility [Member] | SOFR Credit Adjustment [Member]
Debt Instrument, Basis Spread on Variable Rate			0.10%
Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	7.15%		1.75%
Term Loan A [Member]
Debt Instrument, Face Amount			$ 500,000
Term Loan A [Member] | SOFR Credit Adjustment [Member]
Debt Instrument, Basis Spread on Variable Rate			0.10%
Term Loan A [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	7.15%		1.75%
Term Loan B [Member]
Debt Instrument, Face Amount			$ 800,000
Term Loan B [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	7.55%	2.25%
Term Loan B [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate			0.50%
Second Amended and Restated Credit Agreement [Member]
Debt Instrument, Mandatory Prepayments of Excess Cashflow, Percentage			50%
Debt Instrument, Mandatory Prepayments of Excess Cashflow When Secured Leverage Ratio Is Below 4.25, Percentage			25%
Debt Instrument, Mandatory Prepayments of Excess Cashflow When Secured Leverage Ratio Is Below 3.75, Percentage			0%
Second Amended and Restated Credit Agreement [Member] | Term Loan B [Member]
Debt Instrument, Periodic Payment, Percentage of Principal			1%
Second Amended and Restated Credit Agreement [Member] | Term Loan A [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Periodic Payment, Percentage of Principal			1.25%
Second Amended and Restated Credit Agreement [Member] | Term Loan A [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument, Periodic Payment, Percentage of Principal			1.875%
Second Amended and Restated Credit Agreement [Member] | Term Loan A [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument, Periodic Payment, Percentage of Principal			2.50%

Note 7 - Components of Net Pe_3

Note 7 - Components of Net Periodic Benefit related to Pension and Other Postretirement Benefit Plans (Details Textual)	9 Months Ended
	Aug. 27, 2022 USD ($)
Nonoperating Income (Expense) [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	$ (3,329)

Note 7 - Components of Net Pe_4

Note 7 - Components of Net Periodic Benefit related to Pension and Other Postretirement Benefit Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022
UNITED STATES
Net periodic (benefit) cost	$ (3,095)	$ (3,737)	$ (9,285)	$ (11,212)
Foreign Plan [Member]
Net periodic (benefit) cost	613	405	1,821	4,580
Pension Plan [Member] | UNITED STATES
Service cost	0	0	0	0
Interest cost	3,475	2,368	10,426	7,103
Expected return on assets	(7,205)	(7,117)	(21,617)	(21,353)
Prior service (benefit) cost	0	(1)	0	(2)
Actuarial loss (gain)	635	1,013	1,906	3,040
Settlement charge	0	0	0	0
Pension Plan [Member] | Foreign Plan [Member]
Service cost	422	666	1,255	2,086
Interest cost	1,454	679	4,300	2,204
Expected return on assets	(1,785)	(1,525)	(5,277)	(4,916)
Prior service (benefit) cost	16	15	47	47
Actuarial loss (gain)	506	570	1,496	1,830
Settlement charge	0	0	0	3,329
Other Postretirement Benefits Plan [Member]
Service cost	0	0	0	0
Interest cost	301	184	903	551
Expected return on assets	(2,465)	(2,719)	(7,394)	(8,156)
Prior service (benefit) cost	0	0	0	0
Actuarial loss (gain)	0	(845)	0	(2,535)
Settlement charge	0	0	0	0
Net periodic (benefit) cost	$ (2,164)	$ (3,380)	$ (6,491)	$ (10,140)

Note 8 - Accumulated Other Co_3

Note 8 - Accumulated Other Comprehensive Income (Loss) - Comprehensive Income (Loss) Information (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022
Net income attributable to H.B. Fuller and non-controlling interest		$ 37,627	$ 46,497	$ 99,916	$ 132,007
Net income attributable to H.B. Fuller and non-controlling interest		23	33	71	70
Foreign currency translation adjustment¹, pretax	[1]	(8,710)	(87,743)	14,070	(165,302)
Foreign currency translation¹	[1]	(8,710)	(87,743)	14,070	(165,302)
Foreign currency translation adjustment¹, non-controlling interests	[1]	(7)	(46)	(12)	(67)
Defined benefit pension plans adjustment², pretax	[2]	1,157	778	3,449	5,483
Defined benefit pension plans adjustment², tax	[2]	(294)	(94)	(877)	(1,507)
Defined benefit pension plans adjustment²	[2]	863	684	2,572	3,976
Cash flow hedge		(4,641)	0	(10,324)	0
Other comprehensive income (loss), pretax		7,377	(85,559)	23,382	(149,066)
Other comprehensive income (loss), tax		(3,967)	(525)	(2,319)	(5,000)
Other comprehensive income (loss)		3,410	(86,084)	21,063	(154,066)
Other comprehensive income (loss), non-controlling interests		(7)	(46)	(12)	(67)
Comprehensive income (loss)		41,037	(39,587)	120,979	(22,059)
Comprehensive income (loss), non-controlling interests		16	(13)	59	3
Foreign currency translation adjustment¹, non-controlling interests	[1]	(7)	(46)	(12)	(67)
Interest Rate Swap [Member]
Cash flow hedge, pretax³	[3]	21,086	1,783	19,557	14,473
Cash flow hedge, tax³	[3]	(5,188)	(437)	(4,812)	(3,549)
Cash flow hedge	[3]	15,898	1,346	14,745	10,924
Cash flow hedge, tax³	[3]	(5,188)	(437)	(4,812)	(3,549)
Derivative instruments	[3]	21,086	1,783	19,557	14,473
Cross Currency Interest Rate Contract [Member]
Cash flow hedge, pretax³	[3]	0	(377)	0	(3,720)
Cash flow hedge, tax³	[3]	0	6	0	56
Cash flow hedge	[3]	0	(371)	0	(3,664)
Cash flow hedge, tax³	[3]	0	6	0	56
Derivative instruments	[3]	0	(377)	0	$ (3,720)
Net Investment Hedges [Member]
Cash flow hedge, pretax³	[3]	(6,156)	0	(13,694)
Cash flow hedge, tax³	[3]	1,515	0	3,370
Cash flow hedge	[3]		0
Cash flow hedge, tax³	[3]	1,515	0	3,370
Derivative instruments	[3]	(6,156)	$ 0	(13,694)
Net Investment Hedge [Member]
Cash flow hedge	[3]	$ (4,641)		$ (10,324)
[1]Income taxes are not provided for foreign currency translation relating to permanent investments in international subsidiaries.[2]Loss reclassified from accumulated other comprehensive income ("AOCI") into earnings as part of net periodic cost related to pension and other postretirement benefit plans is reported in cost of sales and SG&A expense.[3]Income (loss) reclassified from AOCI into earnings is reported in other income, net.

Note 8 - Accumulated Other Co_4

Note 8 - Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 02, 2023	Dec. 03, 2022	Jun. 03, 2023	Mar. 04, 2023	Aug. 27, 2022	May 28, 2022	Feb. 26, 2022	Nov. 27, 2021
Accumulated other comprehensive loss	$ 1,727,126	$ 1,610,794	$ 1,683,157	$ 1,634,127	$ 1,578,685	$ 1,614,754	$ 1,645,848	$ 1,597,360
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Before Reclassifications	(249,973)	(264,054)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Before Reclassifications	(249,943)	(264,012)
Accumulated Foreign Currency Adjustment Attributable to Noncontrolling Interest [Member]
Before Reclassifications	(30)	(42)
Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest [Member] | Interest Rate Swap [Member]
Before Reclassifications	14,745
Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest [Member] | Net Investment Hedges [Member]
Before Reclassifications	(51,067)	(40,743)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member] | Interest Rate Swap [Member]
Before Reclassifications	14,745
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member] | Net Investment Hedges [Member]
Before Reclassifications	(51,067)	(40,743)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Noncontrolling Interest [Member] | Interest Rate Swap [Member]
Before Reclassifications	0
Accumulated Gain (Loss), Net, Cash Flow Hedge, Noncontrolling Interest [Member] | Net Investment Hedges [Member]
Before Reclassifications	0	0
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Before Reclassifications	(125,689)	(128,261)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Before Reclassifications	(125,689)	(128,261)
Accumulated Defined Benefit Plans Adjustment Attributable to Noncontrolling Interest [Member]
Before Reclassifications	0	0
AOCI Including Portion Attributable to Noncontrolling Interest [Member]
Reclassification of AOCI tax effects	(18,341)	(18,341)
Accumulated other comprehensive loss	(430,325)	(451,399)
AOCI Attributable to Parent [Member]
Reclassification of AOCI tax effects	(18,341)	(18,341)
Accumulated other comprehensive loss	(430,295)	(451,357)	$ (433,705)	$ (446,116)	$ (424,312)	$ (338,228)	$ (259,070)	$ (270,247)
AOCI Attributable to Noncontrolling Interest [Member]
Reclassification of AOCI tax effects	0	0
Accumulated other comprehensive loss	$ (30)	$ (42)

Note 8 - Accumulated Other Co_5

Note 8 - Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Details) (Parentheticals) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 02, 2023	Dec. 03, 2022
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Before Reclassifications, tax	$ 66,867	$ 67,744
Net Investment Hedges [Member]
Before Reclassifications, tax	16,667
Net Investment Hedges [Member] | Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest [Member]
Before Reclassifications, tax		$ 13,297
Interest Rate Swap [Member]
Before Reclassifications, tax	$ (4,812)

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022	Dec. 03, 2022
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	$ 6,243	$ 6,449	$ 9,130	$ 7,696
Effective Income Tax Rate Reconciliation, Percent, Excluding Discrete Tax Benefit	27.10%	29.90%	28.50%	28.70%
Unrecognized Tax Benefits	$ 16,010		$ 16,010		$ 17,582
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 7,137		$ 7,137		$ 5,680

Note 10 - Earnings Per Share (D

Note 10 - Earnings Per Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	1,025,337	573,914	1,164,870	691,856

Note 10 - Earnings Per Share -

Note 10 - Earnings Per Share - Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022
Weighted-average common shares - basic (in shares)	54,394	53,644	54,279	53,498
Equivalent shares from share-based compensations plans (in shares)	1,639	1,486	1,611	1,703
Weighted-average common and common equivalent shares diluted (in shares)	56,033	55,130	55,890	55,201

Note 11 - Financial Instrumen_3

Note 11 - Financial Instruments (Details Textual) € in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 02, 2023 USD ($)	Aug. 27, 2022 USD ($)	Sep. 02, 2023 USD ($)	Aug. 27, 2022 USD ($)	Jul. 17, 2023	Jun. 30, 2023	Mar. 16, 2023 USD ($)	Feb. 28, 2023	Jan. 13, 2023 USD ($)	Jan. 12, 2023 USD ($)	Dec. 03, 2022 USD ($)	Oct. 20, 2022 EUR (€)	Oct. 17, 2022 EUR (€)	Feb. 12, 2021 USD ($)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net				$ (798)	$ 2,378
Public Notes [Member]
Debt Instrument, Face Amount												$ 300,000
Interest Rate Swap [Member]
Derivative, Amount of Hedged Item								$ 300,000		$ 400,000	$ 400,000
Derivative, Fixed Interest Rate								3.721%	3.726%	3.6895%	3.6895%
Interest Rate Cash Flow Hedge Asset at Fair Value		$ 6,652		6,652
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	[1]	21,086	$ 1,783	19,557	14,473
Interest Rate Swap [Member] | Other Liabilities [Member]
Interest Rate Cash Flow Hedge Asset at Fair Value		4,227		4,227
Interest Rate Swap 2 [Member]
Derivative, Amount of Hedged Item								$ 100,000
Derivative, Fixed Interest Rate								3.899%
Interest Rate Swap 2 [Member] | Other Liabilities [Member]
Interest Rate Cash Flow Hedge Asset at Fair Value		951		951
Interest Rate Swap Related to Public Notes [Member]
Derivative, Amount of Hedged Item															$ 300,000
Interest Rate Swap Related to Public Notes [Member] | London Interbank Offered Rate (LIBOR) 1 [Member]
Derivative, Variable Interest Rate															3.28%
Interest Rate Swap Related to Public Notes [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Derivative, Variable Interest Rate							3.28%
Interest Rate Swap Related to Public Notes [Member] | Other Liabilities [Member]
Interest Rate Fair Value Hedge Liability at Fair Value		46,843		46,843
Cross Currency Interest Rate Contract [Member]
Derivative, Notional Amount | €													€ 300,000	€ 307,173
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	[1]	0	$ (377)	0	$ (3,720)
Cross Currency Interest Rate Contract [Member] | Net Investment Hedging [Member]
AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax		(51,067)		(51,067)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax				(13,694)
Cross Currency Interest Rate Contract [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Derivative, Variable Interest Rate							3.28%
Cross Currency Interest Rate Contract [Member] | Euro Short Term Rate (ESTR) Overnight Index Swap Rate [Member]
Derivative, Variable Interest Rate						3.2195%
Cross Currency Interest Rate Contract [Member] | Other Liabilities [Member]
Interest Rate Fair Value Hedge Liability at Fair Value		$ 67,740		$ 67,740
[1]Income (loss) reclassified from AOCI into earnings is reported in other income, net.

Note 11 - Financial Instrumen_4

Note 11 - Financial Instruments - Gains (Losses) on Derivative Instruments (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022
Interest Rate Swap [Member]
Derivative instruments	[1]	$ 21,086	$ 1,783	$ 19,557	$ 14,473
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Currency Swap [Member]
Derivative instruments		0	(377)	0	(3,720)
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Derivative instruments		$ 21,086	$ 1,783	$ 19,557	$ 14,473
[1]Income (loss) reclassified from AOCI into earnings is reported in other income, net.

Note 12 - Fair Value Measurem_3

Note 12 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	Sep. 02, 2023	Dec. 03, 2022
Long-Term Debt, Fair Value	$ 1,744,678	$ 1,713,257
ZKLT Polymer Co., Ltd [Member]
Business Combination, Contingent Consideration, Liability	4,132
Tissue Seal, LLC [Member]
Business Combination, Contingent Consideration, Liability	$ 500

Note 12 - Fair Value Measurem_4

Note 12 - Fair Value Measurements - Fair Value Measurements (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Sep. 02, 2023	Dec. 03, 2022
Assets:
Marketable securities	$ 1,565	$ 4,013
Foreign exchange contract assets	6,410	10,282
Interest Rate Cash Flow Hedge Asset at Fair Value	11,830
Liabilities:
Foreign exchange contract liabilities	7,208	4,570
Interest rate swaps, fair value hedge liabilities	46,843	42,542
Contingent consideration liabilities	4,632	1,977
Net Investment Hedges [Member]
Liabilities:
Net investment hedge liabilities	67,740	54,046
Fair Value, Inputs, Level 1 [Member]
Assets:
Marketable securities	1,565	4,013
Interest Rate Cash Flow Hedge Asset at Fair Value	0
Liabilities:
Interest rate swaps, fair value hedge liabilities	0
Contingent consideration liabilities	0	0
Fair Value, Inputs, Level 1 [Member] | Net Investment Hedges [Member]
Liabilities:
Net investment hedge liabilities	0	0
Fair Value, Inputs, Level 2 [Member]
Assets:
Foreign exchange contract assets	6,410	10,282
Interest Rate Cash Flow Hedge Asset at Fair Value	11,830
Liabilities:
Foreign exchange contract liabilities	7,208	4,570
Interest rate swaps, fair value hedge liabilities	46,843	42,542
Contingent consideration liabilities	0	0
Fair Value, Inputs, Level 2 [Member] | Net Investment Hedges [Member]
Liabilities:
Net investment hedge liabilities	67,740	54,046
Fair Value, Inputs, Level 3 [Member]
Assets:
Interest Rate Cash Flow Hedge Asset at Fair Value	0
Liabilities:
Interest rate swaps, fair value hedge liabilities	0
Contingent consideration liabilities	4,632	1,977
Fair Value, Inputs, Level 3 [Member] | Net Investment Hedges [Member]
Liabilities:
Net investment hedge liabilities	$ 0	$ 0

Note 12 - Fair Value Measurem_5

Note 12 - Fair Value Measurements - Contingent Consideration (Details) - Contingent Consideration Liability [Member] $ in Thousands	9 Months Ended
	Sep. 02, 2023 USD ($)
Balance	$ 1,977
Fair value adjustment	2,893
Foreign currency translation adjustment	(238)
Balance	$ 4,632

Note 13 - Commitments and Con_3

Note 13 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	Sep. 02, 2023	Dec. 03, 2022
Accrued Environmental Loss Contingencies, Noncurrent	$ 5,329	$ 5,754
Accrual for Environmental Loss Contingencies	$ 2,561
Facility in Simpsonville, South Carolina [Member]
Accrual for Environmental Loss Contingencies		$ 2,789

Note 13 - Commitments and Con_4

Note 13 - Commitments and Contingencies - Asbestos Related Lawsuits and Claims (Details) - Asbestos Related Lawsuits and Claims [Member] Pure in Thousands, $ in Thousands	9 Months Ended		36 Months Ended
	Sep. 02, 2023 USD ($)	Aug. 27, 2022 USD ($)	Dec. 03, 2022 USD ($)
Lawsuits and claims settled	6	3	13
Settlement amounts	$ 3,985	$ 206	$ 511
Insurance payments received or expected to be received	$ 2,307	$ 139	$ 338

Note 14 - Segments (Details Tex

Note 14 - Segments (Details Textual)	6 Months Ended
	Sep. 02, 2023
Number of Reportable Segments	3

Note 14 - Segments - Reportable

Note 14 - Segments - Reportable Operating Segment Financial Information (Details) - USD ($) $ in Thousands		3 Months Ended				9 Months Ended
		Sep. 02, 2023		Aug. 27, 2022		Sep. 02, 2023	Aug. 27, 2022
Revenue		$ 900,634		$ 941,230		$ 2,608,055	$ 2,790,969
Operating income		91,319		87,954		241,735	232,468
Corporate, Non-Segment [Member]
Revenue	[1]	0		0
Operating income		(20,202)	[1]	(5,683)	[1]	(39,734)	(27,780)
Hygiene, Health, and Consumable Adhesives [Member] | Operating Segments [Member]
Revenue		402,388		424,978		1,190,402	1,252,405
Operating income		52,737		47,470		149,474	122,950
Engineering Adhesives [Member] | Operating Segments [Member]
Revenue		365,862		378,264		1,063,009	1,137,587
Operating income		52,931		39,776		129,806	115,266
Construction Adhesives [Member] | Operating Segments [Member]
Revenue		132,384		137,988		354,644	400,977
Operating income		5,853		6,391		2,189	22,032
Total Segment [Member] | Operating Segments [Member]
Revenue		900,634		941,230		2,608,055	2,790,969
Operating income		$ 111,521		$ 93,637		$ 281,469	$ 260,248
[1]Consistent with our internal management reporting, Corporate Unallocated amounts in the tables above include charges that are not allocated to the Company’s reportable segments.

Note 14 - Segments - Reconcilia

Note 14 - 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
	Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022
Operating income	$ 91,319	$ 87,954	$ 241,735	$ 232,468
Other income, net	1,555	6,559	4,764	12,701
Interest expense	(35,105)	(23,450)	(101,305)	(61,475)
Interest income	1,128	2,139	2,726	6,170
Income before income taxes and income from equity method investments	$ 58,897	$ 73,202	$ 147,920	$ 189,864

Note 14 - Segments - Disaggrega

Note 14 - Segments - Disaggregated Revenue Information (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 02, 2023	Aug. 27, 2022	Sep. 02, 2023	Aug. 27, 2022
Revenue		$ 900,634	$ 941,230	$ 2,608,055	$ 2,790,969
Corporate, Non-Segment [Member]
Revenue	[1]	0	0
Americas [Member] | Corporate, Non-Segment [Member]
Revenue		475,572	533,318	1,391,830	1,524,141
EIMEA [Member] | Corporate, Non-Segment [Member]
Revenue		259,674	249,439	748,524	771,918
Asia Pacific [Member] | Corporate, Non-Segment [Member]
Revenue		165,388	158,473	467,701	494,910
Hygiene, Health, and Consumable Adhesives [Member] | Operating Segments [Member]
Revenue		402,388	424,978	1,190,402	1,252,405
Hygiene, Health, and Consumable Adhesives [Member] | Americas [Member] | Operating Segments [Member]
Revenue		227,947	261,751	688,890	737,689
Hygiene, Health, and Consumable Adhesives [Member] | EIMEA [Member] | Operating Segments [Member]
Revenue		127,080	114,186	348,876	351,983
Hygiene, Health, and Consumable Adhesives [Member] | Asia Pacific [Member] | Operating Segments [Member]
Revenue		47,361	49,041	152,636	162,733
Engineering Adhesives [Member] | Operating Segments [Member]
Revenue		365,862	378,264	1,063,009	1,137,587
Engineering Adhesives [Member] | Americas [Member] | Operating Segments [Member]
Revenue		147,115	165,398	429,824	465,285
Engineering Adhesives [Member] | EIMEA [Member] | Operating Segments [Member]
Revenue		109,151	111,734	341,710	361,485
Engineering Adhesives [Member] | Asia Pacific [Member] | Operating Segments [Member]
Revenue		109,596	101,132	291,475	310,817
Construction Adhesives [Member] | Operating Segments [Member]
Revenue		132,384	137,988	354,644	400,977
Construction Adhesives [Member] | Americas [Member] | Operating Segments [Member]
Revenue		100,510	106,169	273,116	321,167
Construction Adhesives [Member] | EIMEA [Member] | Operating Segments [Member]
Revenue		23,443	23,519	57,938	58,450
Construction Adhesives [Member] | Asia Pacific [Member] | Operating Segments [Member]
Revenue		$ 8,431	$ 8,300	$ 23,590	$ 21,360
[1]Consistent with our internal management reporting, Corporate Unallocated amounts in the tables above include charges that are not allocated to the Company’s reportable segments.

Note 15 - Subsequent Event (Det

Note 15 - Subsequent Event (Details Textual) - Sep. 08, 2023 £ in Millions, $ in Millions	USD ($)	GBP (£)
Subsequent Event [Member] | Construction Adhesives [Member] | Certain Assets of the Sanglier Group [Member]
Asset Acquisition, Consideration Transferred	$ 17.5	£ 14

Item 5. Other Information (Deta

Item 5. Other Information (Details Textual)	3 Months Ended
	Sep. 02, 2023
Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false