XML 80 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jul. 26, 2013
Jul. 27, 2012
Jul. 26, 2013
Jul. 27, 2012
Income Statement [Abstract]        
Net sales $ 1,320,611 $ 1,388,723 $ 3,830,923 $ 4,065,984
Costs and expenses:        
Cost of sales 880,209 912,939 2,562,537 2,716,404
Product development, selling and administrative expenses 167,155 179,436 497,389 532,825
Other income (1,092) (3,127) (3,127) (29,903)
Operating income 274,339 299,475 774,124 846,658
Interest income 2,536 1,533 6,180 4,062
Interest expense (16,138) (18,335) (50,120) (54,061)
Income from continuing operations before income taxes 260,737 282,673 730,184 796,659
Provision for income taxes 77,550 88,291 223,079 241,806
Income from continuing operations 183,187 194,382 507,105 554,853
Income from continuing operations attributable to noncontrolling interest 0 (38) 0 (180)
Income from continuing operations attributable to Joy Global Inc. 183,187 194,344 507,105 554,673
Loss from discontinued operations, net of income taxes 0 (826) (225) (5,215)
Net income 183,187 193,556 506,880 549,638
Net income attributable to noncontrolling interest 0 (38) 0 (180)
Net income attributable to Joy Global Inc. $ 183,187 $ 193,518 $ 506,880 $ 549,458
Basic earnings per share:        
Continuing operations (in dollars per share) $ 1.72 $ 1.83 $ 4.77 $ 5.24
Discontinued operations (in dollars per share) $ 0.00 $ (0.01) $ 0.00 $ (0.05)
Net income (in dollars per share) $ 1.72 $ 1.82 $ 4.77 $ 5.19
Diluted earnings per share:        
Continuing operations (in dollars per share) $ 1.71 $ 1.82 $ 4.73 $ 5.19
Discontinued operations (in dollars per share) $ 0.00 $ (0.01) $ 0.00 $ (0.05)
Net income (in dollars per share) $ 1.71 $ 1.81 $ 4.73 $ 5.14
Dividends per share (in dollars per share) $ 0.175 $ 0.175 $ 0.525 $ 0.525
Weighted average shares outstanding:        
Basic (in shares) 106,465 106,025 106,378 105,794
Diluted (in shares) 107,312 106,866 107,321 106,867