XML 19 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Income Statement [Abstract]        
Net sales $ 884,126 $ 1,058,482 $ 1,745,807 $ 2,042,740
Cost of products sold 733,966 899,578 1,437,729 1,778,407
Gross profit 150,160 158,904 308,078 264,333
Selling, general and administrative 80,994 63,490 142,248 121,209
Operating profit 69,166 95,414 165,830 143,124
Interest expense (7,231) (8,383) (14,332) (16,858)
Interest income 141 721 437 1,372
Other - income (expense) (834) 183 (239) 648
Income before income taxes 61,242 87,935 151,696 128,286
Income tax expense 19,642 29,345 47,259 41,646
Net income 41,600 58,590 104,437 86,640
Net income attributable to noncontrolling shareholders' interests 6,114 6,844 12,871 13,326
Net income attributable to Cooper Tire & Rubber Company $ 35,486 $ 51,746 $ 91,566 $ 73,314
Basic earnings per share:        
Net income attributable to Cooper Tire & Rubber Company common stockholders $ 0.56 $ 0.83 $ 1.45 $ 1.18
Diluted earnings per share:        
Net income attributable to Cooper Tire & Rubber Company common stockholders $ 0.55 $ 0.82 $ 1.43 $ 1.17
Dividends per share $ 0.105 $ 0.105 $ 0.210 $ 0.210