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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 01, 2011
Jun. 30, 2012
Jul. 01, 2011
Net Sales $ 696.4 [1] $ 674.9 [1] $ 1,387.0 [1] $ 1,317.2 [1]
Cost of sales 393.4 374.9 781.5 729.1
Gross Profit 303.0 300.0 605.5 588.1
Marketing expenses 88.4 87.5 156.4 156.7
Selling, general and administrative expenses 92.2 94.7 184.0 182.5
Income from Operations 122.4 117.8 265.1 248.9
Equity in earnings of affiliates 2.4 3.2 4.9 5.4
Investment earnings 0.2 0.3 0.7 0.8
Other income, net 0.5 0.3 0.7 0.8
Interest expense (2.4) (2.6) (5.1) (5.3)
Income before Income Taxes 123.1 [2] 119.0 [2] 266.3 [2] 250.6 [2]
Income taxes 43.8 36.4 91.2 84.4
Net Income 79.3 82.6 175.1 166.2
Noncontrolling interest 0 0 0 0
Net Income attributable to Church & Dwight Co., Inc. $ 79.3 $ 82.6 $ 175.1 $ 166.2
Weighted average shares outstanding - Basic 139.5 143.3 140.9 143.0
Weighted average shares outstanding - Diluted 142.2 145.9 143.6 145.6
Net income per share - Basic $ 0.57 $ 0.58 $ 1.24 $ 1.16
Net income per share - Diluted $ 0.56 $ 0.57 $ 1.22 $ 1.14
Cash dividends per share $ 0.24 $ 0.17 $ 0.48 $ 0.34
[1] Intersegment sales from Consumer International to Consumer Domestic were $0.7 million and $1.2 million for the quarters ended June 30, 2012 and July 1, 2011, respectively, and were $1.8 million and $2.5 million for the six months ended June 30, 2012 and July 1, 2011, respectively.
[2] In determining Income before Income Taxes, interest expense, investment earnings and other income (expense) were allocated among the segments based upon each segment's relative operating profit.