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Condensed Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Sep. 29, 2012
Oct. 01, 2011
Net sales:        
Products (includes sales to affiliates of $180,968, $256,703, $544,152 and $608,778) $ 1,149,648 $ 1,213,346 $ 3,535,461 $ 3,539,542
Services 253,085 234,758 746,194 718,313
Other 76,683 28,614 179,467 85,629
Total net sales 1,479,416 1,476,718 4,461,122 4,343,484
Cost of sales and operating expenses:        
Products 1,061,215 1,114,479 3,238,178 3,167,568
Services 216,232 222,339 663,156 663,831
Gain on sale of power generating facilities   (1,500)   (52,923)
Other 57,506 24,935 140,165 73,013
Total cost of sales and operating expenses 1,334,953 1,360,253 4,041,499 3,851,489
Gross income 144,463 116,465 419,623 491,995
Selling, general and administrative expenses 59,406 49,476 180,487 157,765
Operating income 85,057 66,989 239,136 334,230
Other income (expense):        
Interest expense (3,888) (1,067) (8,826) (4,089)
Interest income 3,180 2,163 8,343 6,507
Interest income from affiliates 4,759 4,769 15,009 12,616
Income (loss) from affiliates 2,318 (2,677) 21,703 8,850
Other investment income (loss), net 3,830 (6,437) 6,320 (3,811)
Foreign currency gain (loss), net 165 (3,059) (420) 4,086
Miscellaneous, net (919) (9,738) (3,575) (11,902)
Total other income (expense), net 9,445 (16,046) 38,554 12,257
Earnings before income taxes 94,502 50,943 277,690 346,487
Income tax expense (19,869) (15,854) (71,365) (81,341)
Net earnings 74,633 35,089 206,325 265,146
Less: Net loss (income) attributable to noncontrolling interests (211) 1,471 403 1,764
Net earnings attributable to Seaboard 74,422 36,560 206,728 266,910
Earnings per common share (in dollars per share) $ 61.92 $ 30.07 $ 171.52 $ 219.52
Other comprehensive income (loss), net of income tax benefit of $1, $2,340, $2,566 and $2,749:        
Foreign currency translation adjustment (6,023) (5,082) (9,164) (6,673)
Unrealized gain (loss) on investments 1,604 (1,652) 2,775 (849)
Unrealized loss on cash flow hedges     (91)  
Unrecognized pension cost 1,135 906 4,455 1,977
Other comprehensive loss, net of tax (3,284) (5,828) (2,025) (5,545)
Comprehensive income 71,349 29,261 204,300 259,601
Less: Comprehensive loss (income) attributable to the noncontrolling interest (220) 1,683 355 1,961
Comprehensive income attributable to Seaboard $ 71,129 $ 30,944 $ 204,655 $ 261,562
Average number of shares outstanding (in shares) 1,201,974 1,215,863 1,205,239 1,215,874