Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Sep. 29, 2012
Oct. 01, 2011
Net sales $ 3,119,614 $ 2,727,704 $ 7,762,660 $ 6,486,046
Royalty income 28,740 22,367 83,935 62,947
Total revenues 3,148,354 2,750,071 7,846,595 6,548,993
Costs and operating expenses        
Cost of goods sold 1,678,090 1,504,982 4,222,368 3,533,429
Marketing, administrative and general expenses 933,372 814,971 2,609,248 2,122,132
Costs and Operating Expenses, Total 2,611,462 2,319,953 6,831,616 5,655,561
Operating income 536,892 430,118 1,014,979 893,432
Interest income 632 1,371 2,858 3,847
Interest expense (23,841) (20,671) (70,779) (52,573)
Other income (expense), net 1,569 (6,473) 44,872 (11,139)
Income before income taxes 515,252 404,345 991,930 833,567
Income taxes 133,934 102,933 239,960 201,168
Net income 381,318 301,412 751,970 632,399
Net (income) loss attributable to noncontrolling interests   (712) (139) (1,628)
Net income attributable to VF Corporation $ 381,318 $ 300,700 $ 751,831 $ 630,771
Earnings per common share attributable to VF Corporation common stockholders        
Basic $ 3.48 $ 2.74 $ 6.85 $ 5.79
Diluted $ 3.42 $ 2.69 $ 6.72 $ 5.69
Cash dividends per common share $ 0.72 $ 0.63 $ 2.16 $ 1.89