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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2016
Sep. 27, 2015
Oct. 02, 2016
Sep. 27, 2015
Net sales $ 849,028 $ 618,806 $ 2,314,868 $ 1,686,742
Cost of sales 521,838 380,270 1,424,073 1,026,516
Gross profit 327,190 238,536 890,795 660,226
Selling, delivery and administrative expenses 287,389 210,851 783,857 577,323
Income from operations 39,801 27,685 106,938 82,903
Interest expense, net 8,452 6,686 27,621 20,751
Other income (expense), net 7,325 (3,992) (26,100) (3,003)
Gain (loss) on exchange of franchise territory     (692) 8,807
Gain on sale of business   22,651   22,651
Income before income taxes 38,674 39,658 52,525 90,607
Income tax expense 13,121 12,099 18,681 31,174
Net income 25,553 27,559 33,844 59,433
Less: Net income attributable to noncontrolling interest 2,411 2,006 5,091 4,722
Net income attributable to Coca-Cola Bottling Co. Consolidated $ 23,142 $ 25,553 $ 28,753 $ 54,711
Basic net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ 2.48 $ 2.75 $ 3.09 $ 5.89
Weighted average number of Common Stock shares outstanding 7,141 7,141 7,141 7,141
Diluted net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ 2.47 $ 2.74 $ 3.08 $ 5.87
Weighted average number of Common Stock shares outstanding – assuming dilution 9,353 9,332 9,348 9,327
Cash dividends per share:        
Cash dividend per share $ 0.25 $ 0.25 $ 0.75 $ 0.75
Class B Common Stock [Member]        
Basic net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ 2.48 $ 2.75 $ 3.09 $ 5.89
Weighted average number of Common Stock shares outstanding 2,172 2,151 2,167 2,146
Diluted net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ 2.47 $ 2.73 $ 3.07 $ 5.85
Weighted average number of Common Stock shares outstanding – assuming dilution 2,212 2,191 2,207 2,186
Cash dividends per share:        
Cash dividend per share $ 0.25 $ 0.25 $ 0.75 $ 0.75