XML 41 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Oct. 03, 2015
Sep. 27, 2014
Income Statement [Abstract]        
Net revenue $ 416,773 $ 409,308 $ 1,250,542 $ 1,181,920
Cost of sales 274,287 266,088 817,211 760,625
Gross margin 142,486 143,220 433,331 421,295
Selling, general and administrative 114,835 116,659 355,828 354,035
Settlements of certain litigation 2,900 0 5,675 0
Impairment charges 0 0 0 7,503
(Gain)/loss on sale of route businesses, net (501) 22 (1,368) (1,438)
Other expense/(income), net 115 61 (731) 642
Income before interest and income taxes 25,137 26,478 73,927 60,553
Interest expense, net 2,851 2,984 7,989 10,485
Income before income taxes 22,286 23,494 65,938 50,068
Income tax expense 6,557 9,809 22,233 17,719
Income from continuing operations 15,729 13,685 43,705 32,349
Income from discontinued operations, net of income tax 0 124,097 0 133,942
Net income 15,729 137,782 43,705 166,291
Net income attributable to noncontrolling interests 52 16 63 32
Net income attributable to Snyder’s-Lance, Inc. 15,677 137,766 43,642 166,259
Income from continuing operations attributable to Snyders's-Lance, Inc. $ 15,677 $ 13,669 $ 43,642 $ 32,317
Basic earnings per share (in dollars per share) $ 0.22 $ 1.96 $ 0.62 $ 2.37
Basic earnings per share – Continuing Operations (in dollars per share) 0.22 0.19 0.62 0.46
Basic earnings per share – Discontinued Operations (in dollars per share) 0.00 1.77 0.00 1.91
Diluted earnings per share (in dollars per share) 0.22 1.94 0.61 2.35
Diluted earnings per share – Continuing Operations (in dollars per share) 0.22 0.19 0.61 0.46
Diluted earnings per share – Discontinued Operations (in dollars per share) 0.00 1.75 0.00 1.89
Cash dividends declared per share (in dollars per share) $ 0.16 $ 0.16 $ 0.48 $ 0.48