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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data |
3 Months Ended | 6 Months Ended | ||
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Jun. 25, 2011
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Jun. 26, 2010
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Jun. 25, 2011
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Jun. 26, 2010
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| Income Statement [Abstract] | ||||
| Net sales | $ 2,130,640 | $ 1,849,401 | $ 4,078,401 | $ 3,609,711 |
| Cost of sales | 1,518,416 | 1,303,757 | 2,900,355 | 2,551,034 |
| Gross profit | 612,224 | 545,644 | 1,178,046 | 1,058,677 |
| Operating expenses: | ||||
| Selling, general and administrative | 461,009 | 407,638 | 902,531 | 804,627 |
| Restructuring costs | 0 | 0 | 0 | 12,285 |
| Operating income | 151,215 | 138,006 | 275,515 | 241,765 |
| Other income (expense): | ||||
| Interest income | 4,192 | 3,508 | 8,125 | 6,896 |
| Interest expense | (7,902) | (9,185) | (15,987) | (18,272) |
| Other, net | 758 | 474 | 1,081 | 359 |
| Income before taxes, equity in earnings of affiliates and noncontrolling interests | 148,263 | 132,803 | 268,734 | 230,748 |
| Income taxes | (47,340) | (41,435) | (86,493) | (73,659) |
| Equity in earnings of affiliates | 4,133 | 1,795 | 5,786 | 3,326 |
| Net income | 105,056 | 93,163 | 188,027 | 160,415 |
| Less: Net income attributable to noncontrolling interests | (10,581) | (9,162) | (17,057) | (15,514) |
| Net income attributable to Henry Schein, Inc. | $ 94,475 | $ 84,001 | $ 170,970 | $ 144,901 |
| Earnings per share attributable to Henry Schein, Inc.: | ||||
| Basic (in dollars per share) | $ 1.04 | $ 0.93 | $ 1.88 | $ 1.61 |
| Diluted (in dollars per share) | $ 1.01 | $ 0.90 | $ 1.83 | $ 1.56 |
| Weighted-Average Common Shares Outstanding, Basic and Diluted [Abstract] | ||||
| Basic (in shares) | 90,766 | 90,021 | 90,710 | 89,733 |
| Diluted (in shares) | 93,446 | 93,352 | 93,330 | 92,984 |
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share of common stock outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share of common stock and dilutive common stock equivalents outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.
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- Definition
Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. Such amount typically reflects adjustments similar to those made in preparing consolidated statements, including adjustments to eliminate intercompany gains and losses, and to amortize, if appropriate, any difference between cost and underlying equity in net assets of the investee at the date of investment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The sum of the current income tax expense (benefit) and the deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of net income (loss) attributable to the noncontrolling interest (if any) deducted in order to derive the portion attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net result for the period of deducting operating expenses from operating revenues.
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- Definition
The net amount of other nonoperating income and expense, which does not qualify for separate disclosure on the income statement under materiality guidelines. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount charged against earnings in the period for incurred and estimated costs, excluding asset retirement obligations, associated with exit from or disposal of business activities or restructurings pursuant to a program that is planned and controlled by management, and materially changes either the scope of a business undertaken by an entity, or the manner in which that business is conducted. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of shares issued and outstanding that are used in calculating diluted EPS, determined based on the timing of issuance of shares in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares, after adjustment for contingently issuable shares and other shares not deemed outstanding, determined by relating the portion of time within a reporting period that common shares have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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