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Quarterly Results of Operations (Unaudited) (Tables) | 12 Months Ended
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Oct. 30, 2016
Quarterly Results of Operations (Unaudited) |
Schedule of unaudited quarterly results of operations |
|  |  |  | Net Earnings |  |
|  |  |  | Attributable to | Basic | Diluted
|  | Gross | Net | Hormel Foods | Earnings | Earnings
(in thousands, except per share data) | Net Sales | Profit | Earnings | Corporation(1) | Per Share | Per Share
2016 |  |  |  |  |  |
First quarter | $ 2,292,672 | $ 558,011 | $ 235,167 | $ 235,061 | $ 0.44 | $ 0.43
Second quarter | 2,300,235 | 526,359 | 215,384 | 215,397 | 0.41 | 0.40
Third quarter | 2,302,376 | 475,285 | 195,776 | 195,654 | 0.37 | 0.36
Fourth quarter | 2,627,941 | 598,520 | 244,190 | 243,940 | 0.46 | 0.45
2015 |  |  |  |  |  |
First quarter | $ 2,395,073 | $ 444,605 | $ 172,430 | $ 171,718 | $ 0.33 | $ 0.32
Second quarter | 2,279,345 | 459,556 | 180,435 | 180,201 | 0.34 | 0.33
Third quarter | 2,188,587 | 409,390 | 146,956 | 146,938 | 0.28 | 0.27
Fourth quarter | 2,400,858 | 495,030 | 187,443 | 187,231 | 0.35 | 0.35
(1) Excludes net earnings attributable to the Company’s noncontrolling interests.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1280-108306 + Details
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