Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Income

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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Jan. 01, 2011
Jan. 02, 2010
Consolidated Statements Of Income [Abstract]      
Net Sales $ 9,365,477 $ 7,624,599 $ 7,143,074
Royalty Income 93,755 77,990 77,212
Total Revenues 9,459,232 7,702,589 7,220,286
Costs and Operating Expenses      
Cost of goods sold 5,128,602 4,105,201 4,025,122
Marketing, administrative and general expenses 3,085,839 2,574,790 2,336,394
Impairment of goodwill and intangible assets   201,738 [1] 121,953 [1]
Costs and Operating Expenses, Total 8,214,441 6,881,729 6,483,469
Operating Income 1,244,791 820,860 736,817
Other Income (Expense)      
Interest income 4,778 2,336 2,230
Interest expense (77,578) (77,738) (85,902)
Miscellaneous, net (7,248) 4,754 1,528
Other Income (Expense), Total (80,048) (70,648) (82,144)
Income Before Income Taxes 1,164,743 750,212 654,673
Income Taxes 274,350 176,700 196,215
Net Income 890,393 573,512 458,458
Net (Income) Loss Attributable to Noncontrolling Interests (2,304) (2,150) 2,813
Net Income Attributable to VF Corporation $ 888,089 $ 571,362 $ 461,271
Earnings Per Common Share Attributable to VF Corporation Common Stockholders      
Basic $ 8.13 $ 5.25 $ 4.18
Diluted $ 7.98 $ 5.18 $ 4.13
Cash Dividends Per Common Share $ 2.61 $ 2.43 $ 2.37
[1] Goodwill and trademark impairment charges totaling $201.7 million in 2010 related to Contemporary Brands and totaling $122.0 million in 2009 related to: Outdoor & Action Sports - $63.5 million and Sportswear - $58.5 million. See Notes F, G, and T.