XML 72 R54.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Net Income Per Share (Tables) | 12 Months Ended
--- | ---
Jan. 01, 2017
Earnings Per Share [Abstract] |
Computation of Basic Net Income Per Share and Diluted Net Income Per Share | The following table sets forth the computation of basic net income per share and diluted net income per share under the two-class method. See Note 1 to the consolidated financial statements for additional information related to net income per share.
|  | Fiscal Year |
(in thousands, except per share data) |  | 2016 |  |  | 2015 |  |  | 2014 |
Numerator for basic and diluted net income per Common Stock and Class B Common Stock share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Coca-Cola Bottling Co. Consolidated |  | $ | 50,146 |  |  | $ | 59,002 |  |  | $ | 31,354 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |
Common Stock |  |  | 7,141 |  |  |  | 7,141 |  |  |  | 7,141 |
Class B Common Stock |  |  | 2,166 |  |  |  | 2,146 |  |  |  | 2,125 |
Total undistributed earnings |  | $ | 40,839 |  |  | $ | 49,715 |  |  | $ | 22,088 |
Common Stock undistributed earnings – basic |  | $ | 31,328 |  |  | $ | 38,223 |  |  | $ | 17,021 |
Class B Common Stock undistributed earnings – basic |  |  | 9,511 |  |  |  | 11,492 |  |  |  | 5,067 |
Total undistributed earnings |  | $ | 40,839 |  |  | $ | 49,715 |  |  | $ | 22,088 |
Common Stock undistributed earnings – diluted |  | $ | 31,194 |  |  | $ | 38,059 |  |  | $ | 16,948 |
Class B Common Stock undistributed earnings – diluted |  |  | 9,645 |  |  |  | 11,656 |  |  |  | 5,140 |
Total undistributed earnings – diluted |  | $ | 40,839 |  |  | $ | 49,715 |  |  | $ | 22,088 |
Numerator for basic net income per Common Stock share: |  |  |  |  |  |  |  |  |  |  |  |
Dividends on Common Stock |  | $ | 7,141 |  |  | $ | 7,141 |  |  | $ | 7,141 |
Common Stock undistributed earnings – basic |  |  | 31,328 |  |  |  | 38,223 |  |  |  | 17,021 |
Numerator for basic net income per Common Stock share |  | $ | 38,469 |  |  | $ | 45,364 |  |  | $ | 24,162 |
Numerator for basic net income per Class B Common Stock share: |  |  |  |  |  |  |  |  |  |  |  |
Dividends on Class B Common Stock |  | $ | 2,166 |  |  | $ | 2,146 |  |  | $ | 2,125 |
Class B Common Stock undistributed earnings – basic |  |  | 9,511 |  |  |  | 11,492 |  |  |  | 5,067 |
Numerator for basic net income per Class B Common Stock share |  | $ | 11,677 |  |  | $ | 13,638 |  |  | $ | 7,192 |
Numerator for diluted net income per Common Stock share: |  |  |  |  |  |  |  |  |  |  |  |
Dividends on Common Stock |  | $ | 7,141 |  |  | $ | 7,141 |  |  | $ | 7,141 |
Dividends on Class B Common Stock assumed converted to Common Stock |  |  | 2,166 |  |  |  | 2,146 |  |  |  | 2,125 |
Common Stock undistributed earnings – diluted |  |  | 40,839 |  |  |  | 49,715 |  |  |  | 22,088 |
Numerator for diluted net income per Common Stock share |  | $ | 50,146 |  |  | $ | 59,002 |  |  | $ | 31,354 |
Numerator for diluted net income per Class B Common Stock share: |  |  |  |  |  |  |  |  |  |  |  |
Dividends on Class B Common Stock |  | $ | 2,166 |  |  | $ | 2,146 |  |  | $ | 2,125 |
Class B Common Stock undistributed earnings – diluted |  |  | 9,645 |  |  |  | 11,656 |  |  |  | 5,140 |
Numerator for diluted net income per Class B Common Stock share |  | $ | 11,811 |  |  | $ | 13,802 |  |  | $ | 7,265 |
|  | Fiscal Year |
(in thousands, except per share data) |  | 2016 |  |  | 2015 |  |  | 2014 |
Denominator for basic net income per Common Stock and Class B Common Stock share: |  |  |  |  |  |  |  |  |  |  |  |
Common Stock weighted average shares outstanding – basic |  |  | 7,141 |  |  |  | 7,141 |  |  |  | 7,141 |
Class B Common Stock weighted average shares outstanding – basic |  |  | 2,168 |  |  |  | 2,147 |  |  |  | 2,126 |
Denominator for diluted net income per Common Stock and Class B Common Stock share: |  |  |  |  |  |  |  |  |  |  |  |
Common Stock weighted average shares outstanding – diluted (assumes conversion of Class B Common Stock to Common Stock) |  |  | 9,349 |  |  |  | 9,328 |  |  |  | 9,307 |
Class B Common Stock weighted average shares outstanding – diluted |  |  | 2,208 |  |  |  | 2,187 |  |  |  | 2,166 |
Basic net income per share: |  |  |  |  |  |  |  |  |  |  |  |
Common Stock |  | $ | 5.39 |  |  | $ | 6.35 |  |  | $ | 3.38 |
Class B Common Stock |  | $ | 5.39 |  |  | $ | 6.35 |  |  | $ | 3.38 |
Diluted net income per share: |  |  |  |  |  |  |  |  |  |  |  |
Common Stock |  | $ | 5.36 |  |  | $ | 6.33 |  |  | $ | 3.37 |
Class B Common Stock |  | $ | 5.35 |  |  | $ | 6.31 |  |  | $ | 3.35 |
NOTES TO TABLE
(1) | For purposes of the diluted net income per share computation for Common Stock, shares of Class B Common Stock are assumed to be converted; therefore, 100% of undistributed earnings is allocated to Common Stock.
(2) | For purposes of the diluted net income per share computation for Class B Common Stock, weighted average shares of Class B Common Stock are assumed to be outstanding for the entire period and not converted.
(3) | Denominator for diluted net income per share for Common Stock and Class B Common Stock includes the diluted effect of shares relative to the Performance Unit Award.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration