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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net sales $ 795,741 $ 768,357
Cost of goods sold 684,468 654,312
Gross profit 111,273 114,045
Selling, general and administrative expenses 51,798 44,680
Rationalization charges 1,351 3,603
Income from operations 58,124 [1],[2],[3] 65,762 [1]
Interest and other debt expense before loss on early extinguishment of debt 15,349 15,588
Loss on early extinguishment of debt 2,068  
Interest and other debt expense 17,417 15,588
Income before income taxes 40,707 50,174
Provision for income taxes 15,274 17,424
Net income $ 25,433 $ 32,750
Earnings per share:    
Basic net income per share $ 0.38 $ 0.47
Diluted net income per share $ 0.38 $ 0.47
Dividends per share $ 0.14 $ 0.12
Weighted average number of shares:    
Basic 66,440 69,940
Effect of dilutive securities 369 325
Diluted 66,809 70,265
[1] Income from operations of the metal containers segment includes plant start-up costs of $0.8 million and $1.0 million for the three months ended March 31, 2013 and 2012, respectively.
[2] Income from operations of the closures segment includes a charge of $3.0 million for the remeasurement of net assets in Venezuela due to the recently devalued official Bolivar exchange rate.
[3] Income from operations for Corporate includes costs attributable to announced acquisitions of $0.2 million.