Quarterly Results

12 Months Ended

Jan. 03, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results (unaudited)

Selected quarterly financial data for 2014 and 2013 is set forth below:



(In thousands, except per share data)	Revenues		Earnings Before Income Taxes		Net Earnings		Basic Earnings Per Share		Diluted Earnings Per Share

2014 quarterly results:

First Quarter	$	784,761	$	180,993	$	119,526	$	0.35	$	0.34

Second Quarter	851,762		194,370		129,033		0.38		0.37

Third Quarter ^(a)	840,149		190,335		129,002		0.38		0.37

Fourth Quarter ^(a)	926,031		208,476		147,872		0.43		0.42

Total	$	3,402,703	$	774,174	$	525,433

^(a) Third and Fourth quarter results include pre-tax acquisition costs of $9.4 million and $6.4 million, respectively, as further described in Note (2).



(In thousands, except per share data)	Revenues		Earnings Before Income Taxes		Net Earnings		Basic Earnings Per Share		Diluted Earnings Per Share

2013 quarterly results:

First Quarter	$	680,029	$	159,613	$	110,040	$	0.32	$	0.31

Second Quarter	707,561		169,189		112,907		0.33		0.32

Third Quarter	727,830		172,747		115,344		0.34		0.33

Fourth Quarter ^(b)	795,328		86,505		60,063		0.17		0.17

Total	$	2,910,748	$	588,054	$	398,354

^(b) Fourth quarter results include a pre-tax settlement charge of $106.2 million, as further described in Note (11).

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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