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Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Jul. 02, 2011
Jul. 03, 2010
Net sales:        
Products (includes sales to affiliates of $189,807, $117,391, $352,075 and $243,221) $ 1,128,574 $ 781,538 $ 2,326,196 $ 1,554,125
Services 245,343 235,910 483,555 450,630
Other 24,670 31,015 57,015 63,984
Total net sales 1,398,587 1,048,463 2,866,766 2,068,739
Cost of sales and operating expenses:        
Products 1,003,292 673,206 2,053,089 1,364,362
Services 235,274 202,530 441,492 388,258
Gain on sale of power generating facilities (51,423)   (51,423)  
Other 21,020 25,662 48,078 53,038
Total cost of sales and operating expenses 1,208,163 901,398 2,491,236 1,805,658
Gross income 190,424 147,065 375,530 263,081
Selling, general and administrative expenses 53,459 45,818 108,289 94,368
Operating income 136,965 101,247 267,241 168,713
Other income (expense):        
Interest expense (1,506) (1,600) (3,022) (3,916)
Interest income 2,047 3,708 4,344 7,025
Interest income from affiliates 4,014 154 7,847 293
Income from affiliates 5,365 6,536 11,527 11,424
Other investment income (loss), net 286 (2,159) 2,626 885
Foreign currency gain (loss), net 2,381 (2,967) 7,145 (2,929)
Miscellaneous, net (2,952) (2,830) (2,164) (2,636)
Total other income, net 9,635 842 28,303 10,146
Earnings before income taxes 146,600 102,089 295,544 178,859
Income tax expense (33,236) (24,732) (65,487) (38,839)
Net earnings 113,364 77,357 230,057 140,020
Less: Net loss attributable to noncontrolling interests 122 247 293 362
Net earnings attributable to Seaboard $ 113,486 $ 77,604 $ 230,350 $ 140,382
Earnings per common share (in dollars per share) $ 93.34 $ 63.21 $ 189.45 $ 114.02
Dividends declared per common share (in dollars per share)   $ 0.75   $ 1.50
Average number of shares outstanding (in shares) 1,215,879 1,227,628 1,215,879 1,231,207