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Quarterly Results of Operations (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Quarterly Financial Information [Line Items]                      
Net sales $ 835,908 [1] $ 1,148,008 [1] $ 822,224 [1] $ 703,087 [1] $ 711,603 [2] $ 1,002,056 [2] $ 693,849 [2] $ 664,037 [2] $ 3,509,227 $ 3,071,545 $ 3,066,759
Gross profit 116,781 [1] 182,954 [1] 116,893 [1] 101,962 [1] 98,124 [2] 162,405 [2] 108,596 [2] 103,304 [2] 518,590 472,429 461,130
Net income 37,099 [1] 78,756 [1] 51,206 [1] 26,112 [1] 16,379 [2] 65,231 [2] 36,254 [2] 26,782 [2] 193,173 144,646 159,409
Basic net income per share $ 0.53 [1],[3] $ 1.13 [1],[3] $ 0.73 [1],[3] $ 0.37 [1],[3] $ 0.22 [2],[3] $ 0.85 [2],[3] $ 0.47 [2],[3] $ 0.35 [2],[3] $ 2.76 $ 1.91 $ 2.09
Diluted net income per share $ 0.53 [1],[3] $ 1.12 [1],[3] $ 0.73 [1],[3] $ 0.37 [1],[3] $ 0.22 [2],[3] $ 0.84 [2],[3] $ 0.47 [2],[3] $ 0.35 [2],[3] $ 2.75 $ 1.89 $ 2.07
Dividends per share $ 0.11 $ 0.11 $ 0.11 $ 0.11 $ 0.105 $ 0.105 $ 0.105 $ 0.105 $ 0.44 $ 0.42 $ 0.38
Losses on early extinguishment of debt   $ (976)     $ (3,000) $ (4,500)     $ (976) $ (7,548) $ (1,255)
[1] The first, second, third and fourth quarters of 2011 include rationalization charges of $1.7 million, $2.4 million, $0.6 million and $2.9 million, respectively. The first quarter of 2011 includes costs attributable to announced acquisitions of $1.8 million. The second quarter of 2011 includes income of $27.0 million for proceeds received as a result of the termination of the merger agreement with Graham Packaging, net of costs associated with certain corporate development activities, and a charge for the resolution of a past product liability dispute of $3.3 million. The third quarter of 2011 includes a loss on early extinguishment of debt of $1.0 million.
[2] The first, second, third and fourth quarters of 2010 include rationalization charges of $2.0 million, $0.7 million, $1.0 million and $18.5 million, respectively. The third and fourth quarters of 2010 include losses on early extinguishment of debt of $4.5 million and $3.0 million, respectively. The first quarter of 2010 includes a charge of $3.2 million for the remeasurement of net assets in the Venezuela operations. The third and fourth quarters of 2010 include costs attributable to announced acquisitions of $0.5 million and $2.2 million, respectively.
[3] Net income per share data is computed independently for each of the periods presented. Accordingly, the sum of the quarterly earnings per share amounts may not equal the total for the year.