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Consolidated Statements Of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Net sales $ 490,020us-gaap_SalesRevenueNet $ 534,262us-gaap_SalesRevenueNet $ 555,980us-gaap_SalesRevenueNet [1]
Cost of goods sold 182,780us-gaap_CostOfGoodsSold 199,586us-gaap_CostOfGoodsSold 212,677us-gaap_CostOfGoodsSold
Gross profit 307,240us-gaap_GrossProfit 334,676us-gaap_GrossProfit 343,303us-gaap_GrossProfit
Selling 223,742us-gaap_SellingExpense 240,943us-gaap_SellingExpense 249,231us-gaap_SellingExpense
Administrative and other expense 76,401us-gaap_GeneralAndAdministrativeExpense 81,843us-gaap_GeneralAndAdministrativeExpense 90,057us-gaap_GeneralAndAdministrativeExpense
Total operating expense 300,143us-gaap_OperatingExpenses 322,786us-gaap_OperatingExpenses 339,288us-gaap_OperatingExpenses
Operating profit 7,097us-gaap_OperatingIncomeLoss [2] 11,890us-gaap_OperatingIncomeLoss 4,015us-gaap_OperatingIncomeLoss [1],[2]
Other expense (income):      
Interest expense 7,042us-gaap_InterestExpense 6,042us-gaap_InterestExpense 6,062us-gaap_InterestExpense
Interest income (453)us-gaap_InvestmentIncomeInterestAndDividend (616)us-gaap_InvestmentIncomeInterestAndDividend (1,707)us-gaap_InvestmentIncomeInterestAndDividend
Foreign exchange and other, net 4,020us-gaap_OtherNonoperatingIncomeExpense (72)us-gaap_OtherNonoperatingIncomeExpense (691)us-gaap_OtherNonoperatingIncomeExpense
Total other expense 10,609us-gaap_NonoperatingIncomeExpense 5,354us-gaap_NonoperatingIncomeExpense 3,664us-gaap_NonoperatingIncomeExpense
Earnings (loss) from continuing operations before income taxes and noncontrolling interest (3,512)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments [2] 6,536us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 351us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments [1],[2]
Income tax expense (benefit) 21,071us-gaap_IncomeTaxExpenseBenefit 6,736us-gaap_IncomeTaxExpenseBenefit (2,650)us-gaap_IncomeTaxExpenseBenefit
Earnings (loss) from continuing operations (24,583)us-gaap_IncomeLossFromContinuingOperations (200)us-gaap_IncomeLossFromContinuingOperations 3,001us-gaap_IncomeLossFromContinuingOperations
Discontinued Operation, Amount of Other Income (Loss) from Disposition of Discontinued Operation, Net of Tax (7,231)us-gaap_DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax 2,946us-gaap_DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax 35,742us-gaap_DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax
Gain on sale of discontinued operations 118,918us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 5,540us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 111,687us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 2,946us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 41,282us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net earnings from discontinued operations 87,104us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 2,746us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 44,283us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Net earnings 343us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 313us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 281us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Less: Net earnings attributable to noncontrolling interests (86,761)us-gaap_NetIncomeLoss (2,433)us-gaap_NetIncomeLoss (44,002)us-gaap_NetIncomeLoss
Net earnings from discontinued operations      
Net earnings attributable per share of Blyth, Inc. $ (1.55)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [3] $ (0.03)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.16us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Weighted average number of shares outstanding $ 6.93us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [3] $ 0.18us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 2.40us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Diluted earnings per share: $ 5.38us-gaap_EarningsPerShareBasic [3] $ 0.15us-gaap_EarningsPerShareBasic $ 2.56us-gaap_EarningsPerShareBasic
Net earnings (loss) from continuing operations 16,112us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [3] 16,196us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,180us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Net earnings from discontinued operations      
Net earnings attributable per share of Blyth, Inc. $ (1.54)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [3] $ (0.03)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.16us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Weighted average number of shares outstanding $ 6.91us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [3] $ 0.18us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 2.39us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Cash dividend declared per share $ 5.37us-gaap_EarningsPerShareDiluted [3] $ 0.15us-gaap_EarningsPerShareDiluted $ 2.55us-gaap_EarningsPerShareDiluted
Retained Earnings      
Other expense (income):      
Less: Net earnings attributable to noncontrolling interests   $ (2,433)us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (44,002)us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
[1] As adjusted for discontinued operations (See Note 3 to the Consolidated Financial Statements).
[2] For the year ended December 31, 2012, earnings within the Catalog & Internet segment include non-cash pre-tax intangibles impairment charges of $0.8 million (See Note 8 to the Consolidated Financial Statements).
[3] BLYTH, INC. AND SUBSIDIARIESConsolidated Statements of Earnings For the year ended(In thousands, except per share data)December 31, 2014 December 31, 2013 December 31, 2012 Net sales$490,020 $534,262 $555,980Cost of goods sold182,780 199,586 212,677Gross profit307,240 334,676 343,303Selling223,742 240,943 249,231Administrative and other expense76,401 81,843 90,057Total operating expense300,143 322,786 339,288Operating profit7,097 11,890 4,015Other expense (income): Interest expense7,042 6,042 6,062Interest income(453) (616) (1,707)Foreign exchange and other, net4,020 (72) (691)Total other expense10,609 5,354 3,664Earnings (loss) from continuing operations before income taxes and noncontrolling interest(3,512) 6,536 351Income tax expense (benefit)21,071 6,736 (2,650)Earnings (loss) from continuing operations(24,583) (200) 3,001Earnings (loss) from discontinued operations, net of income tax expense(7,231) 2,946 35,742Gain on sale of discontinued operations118,918 — 5,540Net earnings from discontinued operations111,687 2,946 41,282Net earnings87,104 2,746 44,283Less: Net earnings attributable to noncontrolling interests343 313 281Net earnings attributable to Blyth, Inc.$86,761 $2,433 $44,002Basic earnings per share: Net earnings (loss) from continuing operations$(1.55) $(0.03) $0.16Net earnings from discontinued operations6.93 0.18 2.40Net earnings attributable per share of Blyth, Inc.$5.38 $0.15 $2.56Weighted average number of shares outstanding16,112 16,196 17,180Diluted earnings per share: Net earnings (loss) from continuing operations$(1.54) $(0.03) $0.16Net earnings from discontinued operations6.91 0.18 2.39Net earnings attributable per share of Blyth, Inc.$5.37 $0.15 $2.55Weighted average number of shares outstanding16,165 16,228 17,247Cash dividend declared per share$0.05 $0.20 $0.18