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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 08, 2012
Dec. 31, 2011
Sep. 10, 2011
Current assets:      
Cash and cash equivalents $ 144,346 $ 140,012 $ 97,902
Accounts receivable, less allowances: September 8, 2012 - $14,750 December 31, 2011 - $12,688 September 10, 2011 - $10,954 280,457 219,963 278,360
Inventories:      
Finished products 241,534 208,164 249,026
Raw materials and work-in-process 28,142 23,574 26,222
Total Inventory 269,676 231,738 275,248
Deferred income taxes 14,293 9,801 12,452
Prepaid expenses and other current assets 18,590 32,982 17,697
Total current assets 727,362 634,496 681,659
Property, plant and equipment:      
Gross cost 300,963 293,679 295,082
Accumulated depreciation (225,014) (215,190) (217,783)
Property Plant And Equipment Net 75,949 78,489 77,299
Other assets:      
Goodwill 39,617 38,894 39,590
Other non-amortizable intangibles 17,836 17,375 16,612
Cash surrender value of life insurance 40,409 38,203 38,321
Deferred income taxes 43,105 42,349 39,456
Other 3,768 1,846 2,612
Total Other Assets 144,735 138,667 136,591
Total assets 948,046 851,652 895,549
Current liabilities:      
Accounts payable 59,450 57,099 62,252
Accrued salaries and wages 17,109 22,635 20,810
Income taxes 7,324 2,822 19,823
Taxes, other than income taxes 9,670 8,093 11,741
Other accrued liabilities 48,273 44,363 37,509
Accrued pension liabilities 2,151 2,151 2,018
Current maturities of long-term debt   515 531
Borrowings under revolving credit agreement 27,000 11,000 59,500
Total current liabilities 170,977 148,678 214,184
Deferred compensation 3,560 4,113 4,309
Accrued pension liabilities 95,287 103,825 62,715
Other liabilities 10,525 16,386 13,375
Wolverine World Wide, Inc. stockholders' equity:      
Common Stock-par value $1, authorized 160,000,000 shares; shares issued (including shares in treasury): September 8, 2012 - 66,038,072 shares December 31, 2011 - 65,019,406 shares September 10, 2011 - 64,918,487 shares 66,038 65,019 64,918
Additional paid-in capital 164,383 138,585 132,763
Retained earnings 956,911 889,765 872,655
Accumulated other comprehensive income (loss) (69,393) (71,029) (35,263)
Cost of shares in treasury: September 8, 2012 - 17,039,543shares December 31, 2011 - 16,848,374 shares September 10, 2011 - 16,578,741shares (451,323) (443,690) (434,107)
Total Wolverine World Wide, Inc. stockholders' equity 666,616 578,650 600,966
Non-controlling interest 1,081    
Total stockholders' equity 667,697 578,650 600,966
Total liabilities and stockholders' equity $ 948,046 $ 851,652 $ 895,549