Consolidated Statements of Income (USD $)
In Thousands, except Per Share data |
3 Months Ended | 6 Months Ended | ||
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Jul. 02, 2011
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Jul. 03, 2010
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Jul. 02, 2011
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Jul. 03, 2010
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Income Statement | ||||
Net Sales | $ 1,821,218 | $ 1,576,947 | $ 3,758,342 | $ 3,307,033 |
Royalty Income | 18,905 | 17,157 | 40,580 | 36,950 |
Total Revenues | 1,840,123 | 1,594,104 | 3,798,922 | 3,343,983 |
Costs and Operating Expenses | ||||
Cost of goods sold | 994,591 | 842,502 | 2,028,447 | 1,774,705 |
Marketing, administrative and general expenses | 656,861 | 582,078 | 1,307,161 | 1,176,494 |
Costs and Operating Expenses, Total | 1,651,452 | 1,424,580 | 3,335,608 | 2,951,199 |
Operating Income | 188,671 | 169,524 | 463,314 | 392,784 |
Other Income (Expense) | ||||
Interest income | 1,510 | 496 | 2,476 | 990 |
Interest expense | (15,962) | (20,494) | (31,902) | (40,993) |
Miscellaneous, net | (2,735) | 1,923 | (4,666) | 8,346 |
Other Income (Expense), Total | (17,187) | (18,075) | (34,092) | (31,657) |
Income Before Income Taxes | 171,484 | 151,449 | 429,222 | 361,127 |
Income Taxes | 41,917 | 39,959 | 98,235 | 86,178 |
Net Income | 129,567 | 111,490 | 330,987 | 274,949 |
Net (Income) Loss Attributable to Noncontrolling Interests | (199) | (655) | (916) | (598) |
Net Income Attributable to VF Corporation | $ 129,368 | $ 110,835 | $ 330,071 | $ 274,351 |
Earnings Per Share | ||||
Earnings Per Common Share Attributable to VF Corporation Common Stockholders - Basic | $ 1.19 | $ 1.02 | $ 3.04 | $ 2.50 |
Earnings Per Common Share Attributable to VF Corporation Common Stockholders - Diluted | $ 1.17 | $ 1.00 | $ 2.99 | $ 2.47 |
Cash Dividends Per Common Share | $ 0.63 | $ 0.6 | $ 1.26 | $ 1.2 |
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- Definition
Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period.
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- Definition
The amount of net income or loss for the period per each share of common stock outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share of common stock and dilutive common stock equivalents outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
This element represents the income or loss from continuing operations attributable to noncontrolling interests, if any, which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items and cumulative effects of changes in accounting principles which are apportioned to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The sum of the current income tax expense (benefit) and the deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Interest and debt related expenses associated with nonoperating financing activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Interest generated from day to day operating activities of the business. This element represents a revenue generating activity and is therefore gross (before any related cost of revenue items).
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- Definition
The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of gains (losses) resulting from nonoperating activities (for example, interest and dividend revenue, property, plant and equipment impairment loss, and so forth.) Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues.
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- Definition
The net amount of other nonoperating income and expense, which does not qualify for separate disclosure on the income statement under materiality guidelines. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Revenue earned during the period from the leasing or otherwise lending to a third party the entity's rights or title to certain property. Royalty revenue is derived from a percentage or stated amount of sales proceeds or revenue generated by the third party using the entity's property. Examples of property from which royalties may be derived include patents and oil and mineral rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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