XML 70 R54.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Quarterly Results of Operations (Unaudited) (Tables) | 12 Months Ended
--- | ---
Jan. 02, 2016
Quarterly Results of Operations (Unaudited) |
|  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |  |  | Full Year |
|  | In thousands, except per share amounts |
2015 (a)(b) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  | $ | 2,837,301 |  |  | $ | 2,513,860 |  |  | $ | 3,612,820 |  |  | $ | 3,412,763 |  |  | $ | 12,376,744 |
Operating income |  |  | 397,835 |  |  |  | 223,027 |  |  |  | 642,928 |  |  |  | 397,206 |  |  |  | 1,660,996 |
Net income |  |  | 288,709 |  |  |  | 170,811 |  |  |  | 459,864 |  |  |  | 312,209 |  |  |  | 1,231,593 |
Earnings per common share: (d) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.68 |  |  | $ | 0.40 |  |  | $ | 1.08 |  |  | $ | 0.73 |  |  | $ | 2.90 |
Diluted |  |  | 0.67 |  |  |  | 0.40 |  |  |  | 1.07 |  |  |  | 0.72 |  |  |  | 2.85 |
Dividends per common share |  | $ | 0.32 |  |  | $ | 0.32 |  |  | $ | 0.32 |  |  | $ | 0.37 |  |  | $ | 1.33 |
2014 (a)(c) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  | $ | 2,780,778 |  |  | $ | 2,402,076 |  |  | $ | 3,520,447 |  |  | $ | 3,578,860 |  |  | $ | 12,282,161 |
Operating income |  |  | 403,190 |  |  |  | 219,808 |  |  |  | 633,082 |  |  |  | 181,644 |  |  |  | 1,437,724 |
Net income |  |  | 297,193 |  |  |  | 157,682 |  |  |  | 470,529 |  |  |  | 122,101 |  |  |  | 1,047,505 |
Earnings per common share: (d) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.68 |  |  | $ | 0.37 |  |  | $ | 1.09 |  |  | $ | 0.28 |  |  | $ | 2.42 |
Diluted |  |  | 0.67 |  |  |  | 0.36 |  |  |  | 1.08 |  |  |  | 0.28 |  |  |  | 2.38 |
Dividends per common share |  | $ | 0.2625 |  |  | $ | 0.2625 |  |  | $ | 0.2625 |  |  | $ | 0.3200 |  |  | $ | 1.1075 |
(a) | The fourth quarter and full year 2015 consisted of 13 weeks and 52 weeks, respectively, compared with 14 weeks and 53 weeks in the respective 2014 periods.
(b) | Intangible asset impairment charges in the fourth quarter of 2015 reduced fourth quarter and full year operating results as follows: operating income — $143.6 million; net income — $97.1 million; and diluted earnings per share — $0.23. In addition, these intangible asset impairment charges reduced fourth quarter and full year 2015 basic earnings per share by $0.23 and $0.22, respectively. See Notes E, F and S.
(c) | Goodwill and intangible asset impairment charges in the fourth quarter of 2014 reduced fourth quarter and full year operating results as follows: operating income — $396.4 million; net income — $306.8 million; basic earnings per share — $0.71; and diluted earnings per share — $0.70. See Notes E, F and S.
(d) | Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in average quarterly shares outstanding and rounding.

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and 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=51825399&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration