XML 60 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 28, 2014
Dec. 29, 2013
Dec. 30, 2012
Income Statement [Abstract]      
Net Sales $ 2,394.0us-gaap_SalesRevenueNet $ 2,338.6us-gaap_SalesRevenueNet $ 2,127.3us-gaap_SalesRevenueNet
Costs and expenses      
Cost of sales 1,487.1us-gaap_CostOfGoodsAndServicesSold 1,500.0us-gaap_CostOfGoodsAndServicesSold 1,379.1us-gaap_CostOfGoodsAndServicesSold
Selling, general and administrative expenses 612.4us-gaap_SellingGeneralAndAdministrativeExpense 598.3us-gaap_SellingGeneralAndAdministrativeExpense 505.1us-gaap_SellingGeneralAndAdministrativeExpense
Total costs and expenses 2,099.5us-gaap_CostsAndExpenses 2,098.3us-gaap_CostsAndExpenses 1,884.2us-gaap_CostsAndExpenses
Operating income 294.5us-gaap_OperatingIncomeLoss 240.3us-gaap_OperatingIncomeLoss 243.1us-gaap_OperatingIncomeLoss
Interest and debt expense, net (19.0)us-gaap_InterestAndDebtExpense (20.4)us-gaap_InterestAndDebtExpense (17.8)us-gaap_InterestAndDebtExpense
Other income, net 6.6us-gaap_OtherNonoperatingIncomeExpense 4.1us-gaap_OtherNonoperatingIncomeExpense 2.9us-gaap_OtherNonoperatingIncomeExpense
Income from continuing operations before income taxes 282.1us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 224.0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 228.2us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 66.5us-gaap_IncomeTaxExpenseBenefit 39.5us-gaap_IncomeTaxExpenseBenefit 65.4us-gaap_IncomeTaxExpenseBenefit
Net income from continuing operations including noncontrolling interest 215.6us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 184.5us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 162.8us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Discontinued operations, net of income taxes 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 2.3us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income 215.6us-gaap_ProfitLoss 184.5us-gaap_ProfitLoss 165.1us-gaap_ProfitLoss
Noncontrolling interest 2.1us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0.5us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (1.0)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Teledyne 217.7us-gaap_NetIncomeLoss 185.0us-gaap_NetIncomeLoss 164.1us-gaap_NetIncomeLoss
Net income from continuing operations 217.7us-gaap_IncomeLossFromContinuingOperations 185.0us-gaap_IncomeLossFromContinuingOperations 161.8us-gaap_IncomeLossFromContinuingOperations
Net income attributable to Teledyne $ 217.7us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 185.0us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 164.1us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic earnings per common share:      
Continuing operations (in USD per share) $ 5.87us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 4.96us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 4.41us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations (in USD per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.06us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Basic earnings per common share (in USD per share) $ 5.87us-gaap_EarningsPerShareBasic $ 4.96us-gaap_EarningsPerShareBasic $ 4.47us-gaap_EarningsPerShareBasic
Weighted average common shares outstanding (in shares) 37.1us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 37.3us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 36.7us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted earnings per common share:      
Continuing operations (in USD per share) $ 5.75us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 4.87us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 4.33us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operations (in USD per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.06us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Diluted earnings per common share (in USD per share) $ 5.75us-gaap_EarningsPerShareDiluted $ 4.87us-gaap_EarningsPerShareDiluted $ 4.39us-gaap_EarningsPerShareDiluted
Weighted average diluted common shares outstanding (in shares) 37.9us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 38.0us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 37.4us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding