XML 51 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
Apr. 26, 2013
Apr. 27, 2012
Apr. 26, 2013
Apr. 27, 2012
Income Statement [Abstract]        
Net sales $ 1,360,435 $ 1,541,060 $ 2,510,312 $ 2,677,261
Costs and expenses:        
Cost of sales 909,179 1,030,689 1,682,328 1,803,465
Product development, selling and administrative expenses 172,953 182,033 330,234 353,389
Other income (330) (5,099) (2,035) (26,776)
Operating income 278,633 333,437 499,785 547,183
Interest income 1,843 1,336 3,644 2,529
Interest expense (17,028) (18,456) (33,982) (35,726)
Income from continuing operations before income taxes 263,448 316,317 469,447 513,986
Provision for income taxes 81,669 98,365 145,529 153,515
Income from continuing operations 181,779 217,952 323,918 360,471
Income from continuing operations attributable to noncontrolling interest 0 (33) 0 (142)
Income from continuing operations attributable to Joy Global Inc. 181,779 217,919 323,918 360,329
Loss from discontinued operations, net of income taxes (223) (4,331) (225) (4,389)
Net income 181,556 213,621 323,693 356,082
Net income attributable to noncontrolling interest 0 (33) 0 (142)
Net income attributable to Joy Global Inc. $ 181,556 $ 213,588 $ 323,693 $ 355,940
Basic earnings per share:        
Continuing operations (in dollars per share) $ 1.71 $ 2.06 $ 3.05 $ 3.41
Discontinued operations (in dollars per share) $ 0.00 $ (0.04) $ 0.00 $ (0.04)
Net income (in dollars per share) $ 1.71 $ 2.02 $ 3.05 $ 3.37
Diluted earnings per share:        
Continuing operations (in dollars per share) $ 1.69 $ 2.04 $ 3.02 $ 3.37
Discontinued operations (in dollars per share) $ 0.00 $ (0.04) $ 0.00 $ (0.04)
Net income (in dollars per share) $ 1.69 $ 2.00 $ 3.02 $ 3.33
Dividends per share $ 0.175 $ 0.175 $ 0.35 $ 0.35
Weighted average shares outstanding:        
Basic (in shares) 106,426 105,951 106,334 105,678
Diluted (in shares) 107,413 106,983 107,325 106,868