XML 76 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jul. 18, 2015
Jul. 12, 2014
Jul. 18, 2015
Jul. 12, 2014
Income Statement [Abstract]        
Sales $ 888,795 $ 872,791 $ 2,034,840 $ 2,026,708
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) 457,253 458,019 1,043,169 1,053,896
Selling, distribution and administrative expenses 318,758 314,995 742,532 735,542
Impairment of assets 2,275 4,489 2,275 4,489
Depreciation and amortization 30,468 29,907 70,285 69,199
Income from operations 80,041 65,381 176,579 163,582
Interest expense 5,998 6,494 14,357 15,618
Interest income (5,138) (4,760) (11,915) (10,712)
Income before income taxes 79,181 63,647 174,137 158,676
Income tax expense 27,421 21,583 60,988 55,546
Net income $ 51,760 $ 42,064 $ 113,149 $ 103,130
Basic:        
Net income per common share $ 0.25 $ 0.20 $ 0.54 $ 0.49
Weighted average shares outstanding 210,334 209,639 210,093 209,354
Diluted:        
Net income per common share $ 0.24 $ 0.20 $ 0.53 $ 0.48
Weighted average shares outstanding 212,872 212,919 212,798 212,906
Cash dividends paid per common share $ 0.1450 $ 0.1200 $ 0.2775 $ 0.2325