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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND RETAINED EARNINGS (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended
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Mar. 29, 2014 | Mar. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND RETAINED EARNINGS |  |  |  |
Net product sales | $ 106,812 |  | $ 110,279 |
Rental and royalty revenue | 970 |  | 1,007 |
Total revenue | 107,782 |  | 111,286 |
Product cost of goods sold | 66,865 |  | 72,169 |
Rental and royalty cost | 258 |  | 250 |
Total costs | 67,123 |  | 72,419 |
Product gross margin | 39,947 |  | 38,110 |
Rental and royalty gross margin | 712 |  | 757 |
Total gross margin | 40,659 |  | 38,867 |
Selling, marketing and administrative expenses | 25,631 |  | 27,967 |
Earnings from operations | 15,028 |  | 10,900 |
Other income, net | 1,666 |  | 2,591 |
Earnings before income taxes | 16,694 |  | 13,491 |
Provision for income taxes | 7,337 |  | 4,422 |
Net earnings | 9,357 |  | 9,069 |
Less: Net loss attributable to noncontrolling interests | 224 |  |  |
Net earnings attributable to Tootsie Roll Industries, Inc. | 9,581 |  | 9,069 |
Net earnings attributable to Tootsie Roll Industries, Inc. per share (in dollars per share) | $ 0.16 |  | $ 0.15 |
Dividends per share (in dollars per share) | $ 0.08 | [1] | $ 0.08 | [1]
Average number of shares outstanding (in shares) | 60,814 |  | 61,667 |
Retained earnings at beginning of period | 73,109 |  | 80,210 |
Net earnings attributable to Tootsie Roll Industries, Inc. | 9,581 |  | 9,069 |
Cash dividends | (4,715) |  | (4,653) |
Stock dividends | (52,281) |  | (49,028) |
Retained earnings at end of period | $ 25,694 |  | $ 35,598 |
[1] | Does not include 3% stock dividend to shareholders of record on 3/4/14 and 3/5/13.

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