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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net sales $ 8,149,719 $ 7,986,252 $ 7,791,069
Cost of sales 4,448,450 4,363,774 4,215,744
Gross profit 3,701,269 3,622,478 3,575,325
Selling, marketing and administrative expense 1,890,925 1,905,929 1,874,829
Long-lived and intangible asset impairment charges 9,143 112,485 57,729
Business realignment costs 31,513 9,238 51,827
Operating profit 1,782,698 1,595,952 1,623,664
Interest expense, net 149,374 144,125 138,837
Other (income) expense, net 138,327 71,043 74,766
Income before income taxes 1,494,997 1,380,784 1,410,061
Provision for income taxes 219,584 234,032 239,010
Net income including noncontrolling interest 1,275,413 1,146,752 1,171,051
Net income (loss) attributable to noncontrolling interests (3,295) (2,940) (6,511)
Net income attributable to The Hershey Company 1,278,708 1,149,692 1,177,562
Business realignment charges      
Business realignment costs $ 18,503 $ 8,112 $ 19,103
Common stock      
Net income per share—basic:      
Net income per share - basic (USD per share) $ 6.30 $ 5.64 $ 5.76
Net income per share—diluted:      
Net income per share - diluted (USD per share) 6.11 5.46 5.58
Dividends paid per share:      
Dividends paid per share (USD per share) 3.154 2.990 2.756
Class B common stock      
Net income per share—basic:      
Net income per share - basic (USD per share) 5.72 5.12 5.24
Net income per share—diluted:      
Net income per share - diluted (USD per share) 5.71 5.10 5.22
Dividends paid per share:      
Dividends paid per share (USD per share) $ 2.866 $ 2.716 $ 2.504