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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Oct. 01, 2017
Sep. 30, 2018
Oct. 01, 2017
Net sales $ 1,211,661 $ 1,162,526 $ 3,510,997 $ 3,197,519
Cost of sales 791,317 752,202 2,313,728 2,039,996
Gross profit 420,344 410,324 1,197,269 1,157,523
Selling, delivery and administrative expenses 375,940 372,852 1,152,183 1,056,446
Income from operations 44,404 37,472 45,086 101,077
Interest expense, net 12,827 10,697 37,617 30,607
Other income (expense), net 1,696 3,884 (3,612) (36,595)
Gain on exchange transactions 10,170   10,170  
Income before income taxes 43,443 30,659 14,027 33,875
Income tax expense 16,493 11,748 3,387 11,800
Net income 26,950 18,911 10,640 22,075
Less: Net income attributable to noncontrolling interest 1,786 1,595 3,594 3,462
Net income attributable to Coca-Cola Bottling Co. Consolidated $ 25,164 $ 17,316 $ 7,046 $ 18,613
Basic net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ 2.69 $ 1.86 $ 0.75 $ 2.00
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 $ 2.69 $ 1.85 $ 0.75 $ 1.99
Weighted average number of Common Stock shares outstanding – assuming dilution 9,405 9,374 9,400 9,369
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 $ 2.69 $ 1.86 $ 0.75 $ 2.00
Weighted average number of Common Stock shares outstanding 2,213 2,193 2,208 2,188
Diluted net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:        
Common Stock $ 2.68 $ 1.84 $ 0.74 $ 1.97
Weighted average number of Common Stock shares outstanding – assuming dilution 2,264 2,233 2,259 2,228
Cash dividends per share:        
Cash dividend per share $ 0.25 $ 0.25 $ 0.75 $ 0.75