XML 14 R4.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND RETAINED EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Total revenue $ 154,219 $ 155,088 $ 305,760 $ 303,543
Total costs 101,589 98,605 201,836 194,610
Total gross margin 52,630 56,483 103,924 108,933
Selling, marketing and administrative expenses 54,247 44,362 82,328 73,752
Earnings from operations (1,617) 12,121 21,596 35,181
Other (loss) income, net 19,854 14,072 20,170 14,021
Earnings before income taxes 18,237 26,193 41,766 49,202
Provision for income taxes 4,911 8,663 10,814 13,631
Net earnings 13,326 17,530 30,952 35,571
Less: net (loss) income attributable to noncontrolling interests (21) (14) (56) (31)
Net earnings attributable to Tootsie Roll Industries, Inc. $ 13,347 $ 17,544 $ 31,008 $ 35,602
Net earnings attributable to Tootsie Roll Industries, Inc. per share $ 0.18 $ 0.23 $ 0.41 $ 0.47
Dividends per share [1] $ 0.09 $ 0.09 $ 0.18 $ 0.18
Average number of shares outstanding (in shares) 75,035 75,060 75,046 75,105
Product        
Total revenue $ 151,943 $ 153,190 $ 301,431 $ 299,711
Total costs 100,965 98,127 200,687 193,627
Total gross margin 50,978 55,063 100,744 106,084
Rental and Royalty        
Total revenue 2,276 1,898 4,329 3,832
Total costs 624 478 1,149 983
Total gross margin $ 1,652 $ 1,420 $ 3,180 $ 2,849
[1] Does not include 3% stock dividend to shareholders of record on 3/5/26 and 3/5/25.