XML 65 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Operations Unaudited - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Jul. 04, 2015
Jun. 28, 2014
Income Statement [Abstract]        
Revenue, net $ 779.8 $ 549.2 $ 1,489.6 $ 1,024.3
Cost of sales 539.2 470.2 1,047.7 889.1
Gross profit 240.6 79.0 441.9 135.2
Selling, general and administrative expenses 190.2 50.7 378.7 97.6
Loss (gain) on disposal of property, plant & equipment 0.2 (0.1) 1.6  
Restructuring   0.1   2.3
Asset impairments   0.3   1.9
Acquisition and integration expenses 4.1 1.8 8.8 2.9
Operating income 46.1 26.2 52.8 30.5
Other expense (income), net 1.0 19.8 (9.4) 17.5
Interest expense, net 27.9 8.4 55.6 18.2
Income (loss) before income taxes 17.2 (2.0) 6.6 (5.2)
Income tax (benefit) expense (1.1) 2.5 (10.5) 2.0
Net income (loss) 18.3 (4.5) 17.1 (7.2)
Less: Net income attributable to non-controlling interests 1.7 1.4 3.0 2.8
Less: Accumulated dividends on convertible preferred shares 1.8   4.5  
Less: Accumulated dividends on non-convertible preferred shares 0.6   1.4  
Less: Foreign exchange impact on redemption of preferred shares 12.0   12.0  
Net income (loss) attributed to Cott Corporation $ 2.2 $ (5.9) $ (3.8) $ (10.0)
Net income (loss) per common share attributed to Cott Corporation        
Basic $ 0.02 $ (0.06) $ (0.04) $ (0.11)
Diluted $ 0.02 $ (0.06) $ (0.04) $ (0.11)
Weighted average outstanding shares (thousands) attributed to Cott Corporation        
Basic 99,573 94,234 96,384 94,276
Diluted 100,165 94,234 96,384 94,276
Dividends declared per share $ 0.06 $ 0.06 $ 0.12 $ 0.12