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Quarterly Financial Information (Tables)
 12 Months Ended
Jan. 02, 2016
Quarterly Financial Information Disclosure [Abstract]  
Summary Of Interim Financial Information
A summary of quarterly financial information follows:
(in thousands, except per share data)
 
2015 Quarter Ended
April 4
  (13 Weeks)
 
July 4
(13 Weeks)  
 
October 3
(13 Weeks)  
 
January 2
(13 Weeks)  
Net revenue
 
$
402,341

 
$
431,428

 
$
416,773

 
$
405,857

Cost of sales
 
262,979

 
279,945

 
274,287

 
259,899

Gross margin
 
139,362

 
151,483

 
142,486

 
145,958

 
 
 
 
 
 
 
 
 
Selling, general and administrative (1)
 
121,924

 
119,069

 
114,835

 
116,408

Settlements of certain litigation
 
—

 
2,775

 
2,900

 
—

Impairment charges
 
—

 
—

 
—

 
11,997

Gain on sale of route businesses, net
 
(793
)
 
(74
)
 
(501
)
 
(545
)
Other (income)/expense, net
 
(736
)
 
(110
)
 
115

 
1,569

Income before interest and income taxes
 
18,967

 
29,823

 
25,137

 
16,529

 
 
 
 
 
 
 
 
 
Interest expense, net
 
2,467

 
2,671

 
2,851

 
2,864

Income before income taxes
 
16,500

 
27,152

 
22,286

 
13,665

 
 
 
 
 
 
 
 
 
Income tax expense
 
5,918

 
9,758

 
6,557

 
6,652

Net income
 
10,582

 
17,394

 
15,729

 
7,013

Net (loss)/income attributable to noncontrolling interests
 
(54
)
 
65

 
52

 
(30
)
Net income attributable to Snyder’s-Lance, Inc.
 
$
10,636

 
$
17,329

 
$
15,677

 
$
7,043

 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.15

 
$
0.25

 
$
0.22

 
$
0.10

Diluted earnings per share
 
$
0.15

 
$
0.24

 
$
0.22

 
$
0.10

Dividends declared per common share
 
$
0.16

 
$
0.16

 
$
0.16

 
$
0.16

Footnotes:
(1)
During the fourth quarter of 2015, we recognized $7.3 million of Diamond-related transaction costs in selling, general and administrative expense.    

(in thousands, except per share data)
 
2014 Quarter Ended
March 29
  (13 Weeks)
 
June 28
(13 Weeks)  
 
September 27
(13 Weeks)  
 
January 3
(14 Weeks)  
Net revenue
 
$
373,016

 
$
399,596

 
$
409,308

 
$
439,000

Cost of sales
 
239,830

 
254,707

 
266,088

 
281,833

Gross margin
 
133,186

 
144,889

 
143,220

 
157,167

 
 
 
 
 
 
 
 
 
Selling, general and administrative
 
116,064

 
121,312

 
116,659

 
124,497

Impairment charges
 
1,000

 
6,503

 
—

 
5,544

(Gain)/loss on sale of route businesses, net
 
(1,163
)
 
(297
)
 
22

 
329

Gain on the revaluation of prior equity investment
 
—

 
—

 
—

 
(16,608
)
Other (income)/expense, net
 
80

 
501

 
61

 
(892
)
Income before interest and income taxes
 
17,205

 
16,870

 
26,478

 
44,297

 
 
 
 
 
 
 
 
 
Interest expense, net
 
3,390

 
4,111

 
2,984

 
2,857

Income before income taxes
 
13,815

 
12,759

 
23,494

 
41,440

 
 
 
 
 
 
 
 
 
Income tax expense
 
3,326

 
4,584

 
9,809

 
14,572

Income from continuing operations
 
10,489

 
8,175

 
13,685

 
26,868

Income/(loss) from discontinued operations, net of income tax (1)
 
6,322

 
3,523

 
124,097

 
(626
)
Net income
 
16,811

 
11,698

 
137,782

 
26,242

Net (loss)/income attributable to noncontrolling interests
 
(5
)
 
21

 
16

 
(90
)
Net income attributable to Snyder’s-Lance, Inc.
 
$
16,816

 
$
11,677

 
$
137,766

 
$
26,332

 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.15

 
$
0.12

 
$
0.19

 
$
0.38

Discontinued operations
 
0.09

 
0.05

 
1.77

 
(0.01
)
Total basic earnings per share
 
$
0.24

 
$
0.17

 
$
1.96

 
$
0.37

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.15

 
$
0.11

 
$
0.19

 
$
0.38

Discontinued operations
 
0.09

 
0.05

 
1.75

 
(0.01
)
Total diluted earnings per share
 
$
0.24

 
$
0.16

 
$
1.94

 
$
0.37

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends declared per common share
 
$
0.16

 
$
0.16

 
$
0.16

 
$
0.16


Footnotes:
(1)
During the third quarter of 2014, the significant income from discontinued operations was due to the gain recognized on the sale of Private Brands.