XML 75 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net Sales $ 1,062,252 $ 1,169,109 $ 2,008,429 $ 2,164,715
Cost of sales 569,682 569,101 1,034,328 1,024,656
Gross Profit 492,570 600,008 974,101 1,140,059
Advertising and promotion expenses 99,853 113,403 190,687 217,943
Other selling and administrative expenses 391,709 391,815 776,188 761,495
Operating Income 1,008 94,790 7,226 160,621
Interest expense 18,965 18,259 36,211 38,596
Interest (income) (2,186) (1,289) (3,465) (2,689)
Other non-operating (income) expense, net (1,400) (909) (1,728) 1,820
(Loss) Income Before Income Taxes (14,371) 78,729 (23,792) 122,894
(Benefit) provision for income taxes (42,696) 5,381 (40,899) 11,035
Net Income $ 28,325 $ 73,348 $ 17,107 $ 111,859
Net Income Per Common Share-Basic $ 0.08 $ 0.21 $ 0.05 $ 0.32
Weighted average number of common shares 338,709 346,614 339,463 345,453
Net Income Per Common Share-Diluted $ 0.08 $ 0.21 $ 0.05 $ 0.32
Weighted average number of common and potential common shares 340,644 350,424 341,594 349,503
Dividends Declared Per Common Share $ 0.38 $ 0.36 $ 0.76 $ 0.72