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Consolidated Statements of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Revenue, net $ 625.8 [1] $ 640.0 [2] $ 1,149.6 [1] $ 1,174.1 [2]
Cost of sales 533.5 552.0 993.9 1,016.5
Gross profit 92.3 88.0 155.7 157.6
Selling, general and administrative expenses 48.8 45.1 90.6 90.2
Loss on disposal of property, plant & equipment 0.3   0.9  
Operating income 43.2 42.9 64.2 67.4
Other (income) expense, net (0.5)   (0.7) 0.8
Interest expense, net 13.5 14.6 27.5 29.0
Income (loss) before income tax (benefit) expense and equity income (loss) 30.2 28.3 37.4 37.6
Income tax expense 3.9 0.7 4.3 2.3
Net income 26.3 27.6 33.1 35.3
Less: Net income attributable to non-controlling interests 1.2 1.1 2.1 2.0
Net income attributed to Cott Corporation $ 25.1 $ 26.5 $ 31.0 $ 33.3
Net income per common share attributed to Cott Corporation        
Basic $ 0.27 $ 0.28 $ 0.33 $ 0.35
Diluted $ 0.26 $ 0.28 $ 0.32 $ 0.35
Weighted average outstanding shares (thousands) attributed to Cott Corporation        
Basic 94,469 94,137 94,448 94,107
Diluted 95,515 95,529 95,479 95,424
[1] Intersegment revenue between North America and the other reporting segments was $4.0 million and $8.1 million for the three and six months ended June 30, 2012, respectively.
[2] Intersegment revenue between North America and the other reporting segments was $4.0 million and $8.2 million for the three and six months ended July 2, 2011, respectively.