v2.3.0.11
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 25, 2011
Jun. 26, 2010
Jun. 25, 2011
Jun. 26, 2010
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