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CONSOLIDATED STATEMENTS OF Earnings and Retained Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 28, 2014
Jun. 30, 2015
Jun. 28, 2014
CONSOLIDATED STATEMENTS OF Earnings and Retained Earnings        
Net product sales $ 107,528 $ 104,061 $ 213,005 $ 210,873
Rental and royalty revenue 908 869 1,752 1,839
Total revenue 108,436 104,930 214,757 212,712
Product cost of goods sold 68,733 66,182 135,878 133,047
Rental and royalty cost 230 223 458 481
Total costs 68,963 66,405 136,336 133,528
Product gross margin 38,795 37,879 77,127 77,826
Rental and royalty gross margin 678 646 1,294 1,358
Total gross margin 39,473 38,525 78,421 79,184
Selling, marketing and administrative expenses 25,839 28,296 51,823 53,927
Earnings from operations 13,634 10,229 26,598 25,257
Other income, net 1,321 3,033 1,794 4,699
Earnings before income taxes 14,955 13,262 28,392 29,956
Provision for income taxes 3,735 4,305 8,069 11,642
Net earnings 11,220 8,957 20,323 18,314
Less: Net (earnings) loss attributable to noncontrolling interests (161) 69 (110) 293
Net earnings attributable to Tootsie Roll Industries, Inc. $ 11,059 $ 9,026 $ 20,213 $ 18,607
Net earnings attributable to Tootsie Roll Industries, Inc. per share (in dollars per share) $ 0.18 $ 0.14 $ 0.33 $ 0.30
Dividends per share (in dollars per share) $ 0.09 $ 0.08 $ 0.16 $ 0.16
Average number of shares outstanding (in shares) 61,611 62,455 61,717 62,538
Retained earnings at beginning of period $ 11,922 $ 25,694 $ 64,927 $ 73,109
Net earnings attributable to Tootsie Roll Industries, Inc. 11,059 9,026 20,213 18,607
Cash dividends (5,527) (4,850) (10,327) (9,565)
Stock dividends [1]     (57,359) (52,281)
Retained earnings at end of period $ 17,454 $ 29,870 $ 17,454 $ 29,870
[1] Does not include 3% stock dividend to shareholders of record on 4/10/15 and 4/4/14.