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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 02, 2021
Mar. 29, 2020
Net sales $ 1,269,857 $ 1,173,021
Cost of sales 821,154 767,726
Gross profit 448,703 405,295
Selling, delivery and administrative expenses 354,519 372,474
Income from operations 94,184 32,821
Interest expense, net 8,746 9,561
Other expense, net 12,055 2,298
Income before income taxes 73,383 20,962
Income tax expense 20,020 5,361
Net income 53,363 15,601
Less: Net income attributable to noncontrolling interest 0 939
Net income attributable to Coca‑Cola Consolidated, Inc. $ 53,363 $ 14,662
Common Stock    
Basic net income per share based on net income attributable to Coca‑Cola Consolidated, Inc.:    
Common Stock (in dollars per share) $ 5.69 $ 1.56
Weighted average number of Common Stock shares outstanding (in shares) 7,141 7,141
Diluted net income per share based on net income attributable to Coca‑Cola Consolidated, Inc.:    
Common Stock (in dollars per share) $ 5.67 $ 1.55
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 9,409 9,444
Cash dividends per share:    
Common Stock (in dollars per share) $ 0.25 $ 0.25
Class B Common Stock    
Basic net income per share based on net income attributable to Coca‑Cola Consolidated, Inc.:    
Common Stock (in dollars per share) $ 5.69 $ 1.56
Weighted average number of Common Stock shares outstanding (in shares) 2,232 2,232
Diluted net income per share based on net income attributable to Coca‑Cola Consolidated, Inc.:    
Common Stock (in dollars per share) $ 5.67 $ 1.55
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 2,268 2,303
Cash dividends per share:    
Common Stock (in dollars per share) $ 0.25 $ 0.25