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Consolidated Statements of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Sep. 29, 2012
Oct. 01, 2011
Revenue, net $ 583.8 [1] $ 611.3 [2] $ 1,733.4 [1] $ 1,785.4 [2]
Cost of sales 510.6 543.7 1,504.5 1,560.2
Gross profit 73.2 67.6 228.9 225.2
Selling, general and administrative expenses 43.8 38.1 134.4 128.3
Loss on disposal of property, plant & equipment 0.8 0.5 1.7 0.5
Operating income 28.6 29.0 92.8 96.4
Other (income) expense, net (1.5) 1.3 (2.2) 2.1
Interest expense, net 13.1 14.4 40.6 43.4
Income (loss) before income tax (benefit) expense and equity income (loss) 17.0 13.3 54.4 50.9
Income tax expense 1.2 (4.0) 5.5 (1.7)
Net income 15.8 17.3 48.9 52.6
Less: Net income attributable to non-controlling interests 1.3 1.1 3.4 3.1
Net income attributed to Cott Corporation $ 14.5 $ 16.2 $ 45.5 $ 49.5
Net income per common share attributed to Cott Corporation        
Basic $ 0.15 $ 0.17 $ 0.48 $ 0.53
Diluted $ 0.15 $ 0.17 $ 0.48 $ 0.52
Weighted average outstanding shares (thousands) attributed to Cott Corporation        
Basic 94,488 94,325 94,461 94,179
Diluted 95,598 95,146 95,591 94,899
[1] Intersegment revenue between North America and the other reporting segments was $4.9 million and $13.0 million for the three and nine months ended September 29, 2012, respectively.
[2] Intersegment revenue between North America and the other reporting segments was $3.3 million and $11.5 million for the three and nine months ended October 1, 2011, respectively.