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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. 28, 2013
Sep. 29, 2012
Sep. 28, 2013
Sep. 29, 2012
Net sales:        
Products (includes sales to affiliates of $183,968, $180,968, $531,051 and $544,152) $ 1,352,158 $ 1,149,648 $ 3,986,573 $ 3,535,461
Service revenues 221,619 253,085 705,579 746,194
Other 74,328 76,683 222,288 179,467
Total net sales 1,648,105 1,479,416 4,914,440 4,461,122
Cost of sales and operating expenses:        
Products 1,276,966 1,061,215 3,742,792 3,238,178
Services 211,914 216,232 653,006 663,156
Other 58,272 57,506 175,373 140,165
Total cost of sales and operating expenses 1,547,152 1,334,953 4,571,171 4,041,499
Gross income 100,953 144,463 343,269 419,623
Selling, general and administrative expenses 67,183 59,406 192,492 180,487
Operating income 33,770 85,057 150,777 239,136
Other income (expense):        
Interest expense (2,568) (3,888) (7,330) (8,826)
Interest income 2,171 3,180 10,529 8,343
Interest income from affiliates 5,476 4,759 17,001 15,009
Income (loss) from affiliates (4,989) 2,318 (12,386) 21,703
Other investment income, net 3,020 3,830 3,274 6,320
Foreign currency gains (losses), net (180) 165 (1,460) (420)
Miscellaneous, net 59 (919) 4,751 (3,575)
Total other income, net 2,989 9,445 14,379 38,554
Earnings before income taxes 36,759 94,502 165,156 277,690
Income tax expense (5,394) (19,869) (36,008) (71,365)
Net earnings 31,365 74,633 129,148 206,325
Less: Net loss (income) attributable to noncontrolling interests (396) (211) (1,178) 403
Net earnings attributable to Seaboard 30,969 74,422 127,970 206,728
Earnings per common share (in dollars per share) $ 25.99 $ 61.92 $ 107.09 $ 171.52
Other comprehensive income (loss), net of income tax benefit of $4,012, $1, $9,552 and $2,566:        
Foreign currency translation adjustment (14,067) (6,023) (26,888) (9,164)
Unrealized gain (loss) on investments 227 1,604 (1,481) 2,775
Unrealized loss on cash flow hedges       (91)
Unrecognized pension cost 1,192 1,135 4,929 4,455
Other comprehensive loss, net of tax (12,648) (3,284) (23,440) (2,025)
Comprehensive income 18,717 71,349 105,708 204,300
Less: Comprehensive loss (income) attributable to noncontrolling interests (398) (220) (1,217) 355
Comprehensive income attributable to Seaboard $ 18,319 $ 71,129 $ 104,491 $ 204,655
Average number of shares outstanding (in shares) 1,191,744 1,201,974 1,195,006 1,205,239