Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Detail)

v2.4.0.6
Earnings Per Share (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 29, 2012
Sep. 29, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Oct. 01, 2011
Jul. 02, 2011
Apr. 02, 2011
Jan. 01, 2011
Oct. 02, 2010
Jul. 03, 2010
Apr. 03, 2010
Dec. 29, 2012
Dec. 31, 2011
Jan. 01, 2011
Earnings per share - basic:                              
Net income                         $ 1,086,138 $ 890,393 $ 573,512
Net income attributable to noncontrolling interests                         (139) (2,304) (2,150)
Net income attributable to VF Corporation 334,168 [1] 381,318 [1] 155,297 [1] 215,216 [1] 257,318 [2] 300,700 [2] 129,368 [2] 200,703 [2] 54,224 [3] 242,787 [3] 110,835 [3] 163,516 [3] 1,085,999 [1] 888,089 [2] 571,362 [3]
Weighted average Common Stock outstanding                         109,823 109,287 108,764
Earnings per share attributable to VF Corporation common stockholders $ 3.04 [1] $ 3.48 [1] $ 1.42 [1] $ 1.95 [1] $ 2.33 [2] $ 2.74 [2] $ 1.19 [2] $ 1.85 [2] $ 0.50 [3] $ 2.25 [3] $ 1.02 [3] $ 1.48 [3] $ 9.89 [1] $ 8.13 [2] $ 5.25 [3]
Earnings per share - diluted:                              
Net income attributable to VF Corporation $ 334,168 [1] $ 381,318 [1] $ 155,297 [1] $ 215,216 [1] $ 257,318 [2] $ 300,700 [2] $ 129,368 [2] $ 200,703 [2] $ 54,224 [3] $ 242,787 [3] $ 110,835 [3] $ 163,516 [3] $ 1,085,999 [1] $ 888,089 [2] $ 571,362 [3]
Weighted average Common Stock outstanding                         109,823 109,287 108,764
Incremental shares from stock options and other dilutive securities                         2,081 2,001 1,564
Adjusted weighted average Common Stock outstanding                         111,904 111,288 110,328
Earnings per share attributable to VF Corporation common stockholders $ 2.98 [1] $ 3.42 [1] $ 1.40 [1] $ 1.91 [1] $ 2.28 [2] $ 2.69 [2] $ 1.17 [2] $ 1.82 [2] $ 0.49 [3] $ 2.22 [3] $ 1.00 [3] $ 1.46 [3] $ 9.70 [1] $ 7.98 [2] $ 5.18 [3]
[1] Transaction and restructuring costs related to the acquisition of Timberland reduced operating results in 2012 as follows: First Quarter Second Quarter Third Quarter Fourth Quarter Full Year In millions, except per share amounts Operating income $ 4.6 $ 5.0 $ 14.4 $ 6.8 $ 30.8 Net income 3.3 3.1 11.3 10.2 27.9 Earnings per share: Basic $ 0.03 $ 0.03 $ 0.10 $ 0.09 $ 0.26 Diluted 0.03 0.03 0.10 0.09 0.25
[2] Transaction and restructuring costs related to the acquisition of Timberland reduced operating results in 2011 as follows: Third Fourth Full Quarter Quarter Year In millions, except per share amounts Operating income $ 26.8 $ 6.7 $ 33.5 Net income 20.0 4.6 24.6 Earnings per share: Basic $ 0.19 $ 0.04 $ 0.23 Diluted 0.18 0.04 0.22
[3] Goodwill and trademark impairment charges in the fourth quarter of 2010 reduced operating results as follows: operating income - $201.7 million; net income - $141.8 million; basic earnings per share - $1.31 ($1.30 for year); and diluted earnings per share - $1.29. See Notes G and T.