XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2018
Jul. 02, 2017
Jul. 01, 2018
Jul. 02, 2017
Net sales $ 1,227,272 $ 1,169,291 $ 2,299,336 $ 2,034,993
Cost of sales 815,295 754,113 1,522,411 1,287,794
Gross profit 411,977 415,178 776,925 747,199
Selling, delivery and administrative expenses 392,298 366,523 776,243 683,594
Income from operations 19,679 48,655 682 63,605
Interest expense, net 12,744 10,440 24,790 19,910
Other expense, net 9,818 26,891 5,308 40,479
Income (loss) before income taxes (2,883) 11,324 (29,416) 3,216
Income tax expense (benefit) (135) 3,743 (13,106) 52
Net income (loss) (2,748) 7,581 (16,310) 3,164
Less: Net income attributable to noncontrolling interest 1,185 1,233 1,808 1,867
Net income (loss) attributable to Coca-Cola Bottling Co. Consolidated $ (3,933) $ 6,348 $ (18,118) $ 1,297
Basic net income (loss) per share based on net income (loss) attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ (0.42) $ 0.68 $ (1.94) $ 0.14
Weighted average number of Common Stock shares outstanding 7,141 7,141 7,141 7,141
Diluted net income (loss) per share based on net income (loss) attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ (0.42) $ 0.68 $ (1.94) $ 0.14
Weighted average number of Common Stock shares outstanding – assuming dilution 9,354 9,374 9,347 9,366
Cash dividends per share:        
Cash dividend per share $ 0.25 $ 0.25 $ 0.50 $ 0.50
Class B Common Stock [Member]        
Basic net income (loss) per share based on net income (loss) attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ (0.42) $ 0.68 $ (1.94) $ 0.14
Weighted average number of Common Stock shares outstanding 2,213 2,193 2,206 2,185
Diluted net income (loss) per share based on net income (loss) attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ (0.42) $ 0.67 $ (1.94) $ 0.13
Weighted average number of Common Stock shares outstanding – assuming dilution 2,213 2,233 2,206 2,225
Cash dividends per share:        
Cash dividend per share $ 0.25 $ 0.25 $ 0.50 $ 0.50