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Condensed Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Net sales:        
Products (includes sales to affiliates of $194,836, $189,807, $363,184 and $352,075) $ 1,194,991 $ 1,128,574 $ 2,385,813 $ 2,326,196
Services 248,354 245,343 493,109 483,555
Other 67,248 24,670 102,784 57,015
Total net sales 1,510,593 1,398,587 2,981,706 2,866,766
Cost of sales and operating expenses:        
Products 1,108,998 1,003,292 2,176,963 2,053,089
Services 226,407 235,274 446,924 441,492
Gain on sale of power generating facilities   (51,423)   (51,423)
Other 54,622 21,020 82,659 48,078
Total cost of sales and operating expenses 1,390,027 1,208,163 2,706,546 2,491,236
Gross income 120,566 190,424 275,160 375,530
Selling, general and administrative expenses 59,843 53,459 121,081 108,289
Operating income 60,723 136,965 154,079 267,241
Other income (expense):        
Interest expense (3,231) (1,506) (4,938) (3,022)
Interest income 3,044 2,047 5,163 4,344
Interest income from affiliates 5,033 4,014 10,250 7,847
Income from affiliates 9,816 5,365 19,385 11,527
Other investment income (loss), net (969) 286 2,490 2,626
Foreign currency gain (loss), net (3,849) 2,381 (585) 7,145
Miscellaneous, net (4,005) (2,952) (2,656) (2,164)
Total other income, net 5,839 9,635 29,109 28,303
Earnings before income taxes 66,562 146,600 183,188 295,544
Income tax expense (16,870) (33,236) (51,496) (65,487)
Net earnings 49,692 113,364 131,692 230,057
Less: Net loss attributable to noncontrolling interests 405 122 614 293
Net earnings attributable to Seaboard 50,097 113,486 132,306 230,350
Earnings per common share (in dollars per share) $ 41.58 $ 93.34 $ 109.63 $ 189.45
Other comprehensive income (loss), net of income tax benefit of $1,752, $114, $2,565 and $409:        
Foreign currency translation adjustment (3,601) (998) (3,141) (1,591)
Unrealized gain (loss) on investments (313) 704 1,171 803
Unrealized loss on cash flow hedges     (91)  
Unrecognized pension cost 2,243 730 3,320 1,071
Other comprehensive income (loss), net of tax (1,671) 436 1,259 283
Comprehensive income 48,021 113,800 132,951 230,340
Less: Comprehensive loss attributable to noncontrolling interests 422 120 575 278
Comprehensive income attributable to Seaboard $ 48,443 $ 113,920 $ 133,526 $ 230,618
Average number of shares outstanding (in shares) 1,204,837 1,215,879 1,206,871 1,215,879