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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 7,986,252 $ 7,791,069 $ 7,515,426
Cost of sales 4,363,774 4,215,744 4,060,050
Gross profit 3,622,478 3,575,325 3,455,376
Selling, marketing and administrative expense 1,905,929 1,874,829 1,885,492
Long-lived and intangible asset impairment charges 112,485 57,729 208,712
Business realignment costs 8,112 19,103 47,763
Operating profit 1,595,952 1,623,664 1,313,409
Interest expense, net 144,125 138,837 98,282
Other (income) expense, net 71,043 74,766 104,459
Income before income taxes 1,380,784 1,410,061 1,110,668
Provision for income taxes 234,032 239,010 354,131
Net income including noncontrolling interest 1,146,752 1,171,051 756,537
Net income (loss) attributable to noncontrolling interests (2,940) (6,511) (26,444)
Net income attributable to The Hershey Company $ 1,149,692 $ 1,177,562 $ 782,981
Common stock      
Net income per share—basic:      
Net income per share - basic (USD per share) $ 5.64 $ 5.76 $ 3.79
Net income per share—diluted:      
Net income per share - diluted (USD per share) 5.46 5.58 3.66
Dividends paid per share:      
Dividends paid per share (USD per share) 2.990 2.756 2.548
Class B common stock      
Net income per share—basic:      
Net income per share - basic (USD per share) 5.12 5.24 3.44
Net income per share—diluted:      
Net income per share - diluted (USD per share) 5.10 5.22 3.44
Dividends paid per share:      
Dividends paid per share (USD per share) $ 2.716 $ 2.504 $ 2.316