XML 32 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Income Statement [Abstract]        
Net revenue $ 399,400 $ 412,541 $ 792,243 $ 801,011
Cost of sales 267,482 268,904 532,942 516,202
Gross margin 131,918 143,637 259,301 284,809
Selling, general and administrative 107,649 137,134 218,352 258,040
Gain on sale of route businesses, net (10,882) (237) (20,169) (326)
Other (income)/expense, net (445) 10,382 (534) 10,510
Income/(loss) before interest and income taxes 35,596 (3,642) 61,652 16,585
Interest expense, net 2,303 2,367 4,566 5,026
Income/(loss) before income taxes 33,293 (6,009) 57,086 11,559
Income tax expense/(benefit) 13,828 (2,303) 23,296 4,222
Net income/(loss) 19,465 (3,706) 33,790 7,337
Net income attributable to noncontrolling interests 140 142 251 336
Net income/(loss) attributable to Snyder's-Lance, Inc. $ 19,325 $ (3,848) $ 33,539 $ 7,001
Basic earnings per share $ 0.28 $ (0.06) $ 0.49 $ 0.10
Weighted average shares outstanding - basic 68,294 67,365 68,103 67,048
Diluted earnings per share $ 0.28 $ (0.06) $ 0.49 $ 0.10
Weighted average shares outstanding - diluted 69,319 [1] 67,365 [1] 69,086 [1] 68,168 [1]
Cash dividends declared per share $ 0.16 $ 0.16 $ 0.32 $ 0.32
[1] Refer to Note 4 for additional information regarding the calculation of diluted shares outstanding.