Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income (Unaudited)

v3.7.0.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Income Statement [Abstract]    
Net sales $ 2,555,693 $ 2,606,982
Royalty income 25,984 27,435
Total revenues 2,581,677 2,634,417
Costs and operating expenses    
Cost of goods sold 1,286,685 1,350,700
Selling, general and administrative expenses 1,003,518 971,920
Total costs and operating expenses 2,290,203 2,322,620
Operating income 291,474 311,797
Interest income 3,518 2,008
Interest expense (23,706) (22,028)
Other income (expense), net (67) 1,292
Income from continuing operations before income taxes 271,219 293,069
Income taxes 56,540 51,134
Income from continuing operations 214,679 241,935
Income (loss) from discontinued operations, net of tax (5,516) 18,334
Net income $ 209,163 $ 260,269
Earnings per common share - basic    
Continuing operations (in USD per share) $ 0.52 $ 0.57
Discontinued operations (in USD per share) (0.01) 0.04
Total earnings per common share - basic (in USD per share) 0.51 0.62
Earnings per common share - diluted    
Continuing operations (in USD per share) 0.52 0.56
Discontinued operations (in USD per share) (0.01) 0.04
Total earnings per common share - diluted (in USD per share) 0.50 0.61
Cash dividends per common share (in USD per share) $ 0.42 $ 0.37