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Quarterly Financial Information (Unaudited) Quarterly Financial Information (Tables)
12 Months Ended
Dec. 29, 2012
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following summarizes selected quarterly financial information for fiscal years 2012 and 2011.
2012
First
 
Second
 
Third
 
Fourth
 
Full Year
 
(In millions, except per share data)
Sales
$
1,008.1

 
$
1,440.9

 
$
1,685.8

 
$
1,480.2

 
$
5,615.0

Excise taxes
(316.7
)
 
(441.5
)
 
(490.3
)
 
(450.0
)
 
(1,698.5
)
Net sales
691.4

 
999.4

 
1,195.5

 
1,030.2

 
3,916.5

Cost of goods sold
(438.8
)
 
(580.1
)
 
(687.0
)
 
(646.6
)
 
(2,352.5
)
Gross profit
$
252.6

 
$
419.3

 
$
508.5

 
$
383.6

 
$
1,564.0

Amounts attributable to MCBC:
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
79.4

 
$
104.3

 
$
197.7

 
$
60.1

 
$
441.5

Gain (loss) from discontinued operations, net of tax
0.1

 
0.8

 
0.7

 
(0.1
)
 
1.5

Net income
$
79.5

 
$
105.1

 
$
198.4

 
$
60.0

 
$
443.0

Basic income (loss) per share:
 
 
 
 
 
 
 
 
 
From continuing operations
$
0.44

 
$
0.58

 
$
1.09

 
$
0.33

 
$
2.44

From discontinued operations

 

 

 

 
0.01

Basic net income per share
$
0.44

 
$
0.58

 
$
1.09

 
$
0.33

 
$
2.45

Diluted income (loss) per share:
 
 
 
 
 
 
 
 
 
From continuing operations
$
0.44

 
$
0.57

 
$
1.09

 
$
0.33

 
$
2.43

From discontinued operations

 

 

 

 
0.01

Diluted net income per share
$
0.44

 
$
0.57

 
$
1.09

 
$
0.33

 
$
2.44

2011
First
 
Second
 
Third
 
Fourth
 
Full Year
 
(In millions, except per share data)
Sales
$
997.3

 
$
1,383.1

 
$
1,393.9

 
$
1,395.6

 
$
5,169.9

Excise taxes
(306.9
)
 
(449.5
)
 
(439.5
)
 
(458.3
)
 
(1,654.2
)
Net sales
690.4

 
933.6

 
954.4

 
937.3

 
3,515.7

Cost of goods sold
(427.2
)
 
(523.9
)
 
(550.5
)
 
(547.5
)
 
(2,049.1
)
Gross profit
$
263.2

 
$
409.7

 
$
403.9

 
$
389.8

 
$
1,466.6

Amounts attributable to MCBC:
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
82.6

 
$
224.3

 
$
194.7

 
$
172.4

 
$
674.0

Gain (loss) from discontinued operations, net of tax
0.3

 
(1.5
)
 
2.7

 
0.8

 
2.3

Net income
$
82.9

 
$
222.8

 
$
197.4

 
$
173.2

 
$
676.3

Basic income (loss) per share:
 
 
 
 
 
 
 
 
 
From continuing operations
$
0.44

 
$
1.20

 
$
1.05

 
$
0.95

 
$
3.65

From discontinued operations

 
(0.01
)
 
0.01

 

 
0.01

Basic net income per share
$
0.44

 
$
1.19

 
$
1.06

 
$
0.95

 
$
3.66

Diluted income (loss) per share:
 
 
 
 
 
 
 
 
 
From continuing operations
$
0.44

 
$
1.19

 
$
1.05

 
$
0.95

 
$
3.62

From discontinued operations

 
(0.01
)
 
0.01

 

 
0.01

Diluted net income per share
$
0.44

 
$
1.18

 
$
1.06

 
$
0.95

 
$
3.63