XML 17 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2016
Oct. 03, 2015
Oct. 01, 2016
Oct. 03, 2015
Income Statement [Abstract]        
Net revenue $ 588,801 $ 416,773 $ 1,661,066 $ 1,250,542
Cost of sales 375,729 274,287 1,087,557 817,211
Gross profit 213,072 142,486 573,509 433,331
Selling, general and administrative 161,107 114,835 452,815 355,828
Settlements of certain litigation 0 2,900 0 5,675
Transaction and integration related expenses 4,043 0 63,983 0
Impairment charges 507 0 1,370 0
Loss/(gain) on sale of route businesses, net 41 (501) (650) (1,368)
Other (income)/expense, net (3,512)   (4,796) (731)
Other Expenses   115    
Income before interest and income taxes 50,886 25,137 60,787 73,927
Loss on early extinguishment of debt 0 0 4,749 0
Interest expense, net 9,215 2,851 23,305 7,989
Income before income taxes 41,671 22,286 32,733 65,938
Income tax expense 12,470 6,557 9,309 22,233
Net income 29,201 15,729 23,424 43,705
Net (loss)/income attributable to noncontrolling interests (114) 52 (141) 63
Net income attributable to Snyder’s-Lance, Inc. $ 29,315 $ 15,677 $ 23,565 $ 43,642
Basic (loss)/earnings per share (in dollars per share) $ 0.30 $ 0.22 $ 0.26 $ 0.62
Weighted average basic shares outstanding (in shares) 95,881 70,548 90,504 70,411
Diluted (loss)/earnings per share (in dollars per share) $ 0.30 $ 0.22 $ 0.26 $ 0.61
Weighted average diluted shares outstanding (in shares) 97,012 71,319 91,493 71,134
Cash dividends declared per share (in dollars per share) $ 0.16 $ 0.16 $ 0.48 $ 0.48