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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jul. 01, 2018
Jun. 30, 2019
Jul. 01, 2018
Net sales $ 1,273,659 $ 1,220,003 $ 2,376,571 $ 2,284,760
Cost of sales 837,880 815,295 1,551,484 1,522,411
Gross profit 435,779 404,708 825,087 762,349
Selling, delivery and administrative expenses 368,565 385,029 737,719 761,667
Income from operations 67,214 19,679 87,368 682
Interest expense, net 11,995 12,744 24,881 24,790
Other expense, net 31,181 9,818 47,032 5,308
Income (loss) before income taxes 24,038 (2,883) 15,455 (29,416)
Income tax expense (benefit) 7,182 (135) 4,177 (13,106)
Net income (loss) 16,856 (2,748) 11,278 (16,310)
Less: Net income attributable to noncontrolling interest 1,486 1,185 2,739 1,808
Net income (loss) attributable to Coca-Cola Consolidated, Inc. $ 15,370 $ (3,933) $ 8,539 $ (18,118)
Basic net income (loss) per share based on net loss attributable to Coca-Cola Consolidated, Inc.:        
Common Stock $ 1.64 $ (0.42) $ 0.91 $ (1.94)
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 loss attributable to Coca-Cola Consolidated, Inc.:        
Common Stock $ 1.64 $ (0.42) $ 0.91 $ (1.94)
Weighted average number of Common Stock shares outstanding – assuming dilution 9,421 9,354 9,415 9,347
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 loss attributable to Coca-Cola Consolidated, Inc.:        
Common Stock $ 1.64 $ (0.42) $ 0.91 $ (1.94)
Weighted average number of Common Stock shares outstanding 2,232 2,213 2,225 2,206
Diluted net income (loss) per share based on net loss attributable to Coca-Cola Consolidated, Inc.:        
Common Stock $ 1.63 $ (0.42) $ 0.90 $ (1.94)
Weighted average number of Common Stock shares outstanding – assuming dilution 2,280 2,213 2,274 2,206
Cash dividends per share:        
Cash dividend per share $ 0.25 $ 0.25 $ 0.50 $ 0.50