Annual report pursuant to Section 13 and 15(d)

Summary Of Significant Accounting Policies (Tables)

v2.4.0.6
Summary Of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2011
Summary Of Significant Accounting Policies [Abstract]  
Impact Of Accounting Change In Accounting Principle On Consolidated Statements

The impact of recording this change in the 2011 Consolidated Statement of Income was as follows:

 

     Increase  
     (Decrease)  
     In thousands, except
per share amounts		  

Cost of goods sold

    $ (8,027 ) 
  

 

 

  

Income before income taxes

    $ 8,027   

Income taxes

      3,160   
  

 

 

  

Net income attributable to VF Corporation

    $ 4,867   
  

 

 

  

Earnings per common share attributable to VF Corporation common stockholders:

   

Basic

    $ 0.04   

Diluted

      0.04   

The impact of recording this change in the Consolidated Balance Sheet as of January 2, 2011 was as follows.

 

     Increase  
     In thousands  

Inventories

    $ 8,027   

Accrued liabilities

      3,160   

Retained earnings

      4,867