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Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

    Three Months Ended     Six Months Ended  
    June 30,
2013
    July 1,
2012
    June 30,
2013
    July 1,
2012
 

Numerator:

       

Net income attributable to Sonoco

  $ 54,988      $ 51,323      $ 103,127      $ 94,391   
 

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

       

Weighted average common shares outstanding:

       

Basic

    102,640,000        101,812,000        102,461,000        101,672,000   

Dilutive effect of stock-based compensation

    337,000        757,000        527,000        891,000   
 

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

    102,977,000        102,569,000        102,988,000        102,563,000   
 

 

 

   

 

 

   

 

 

   

 

 

 

Reported net income attributable to Sonoco per common share:

       

Basic

  $ 0.54      $ 0.50      $ 1.01      $ 0.93   
 

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

  $ 0.53      $ 0.50      $ 1.00      $ 0.92