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CONSOLIDATED STATEMENTS OF Earnings and Retained Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 27, 2014
Sep. 30, 2015
Sep. 27, 2014
CONSOLIDATED STATEMENTS OF Earnings and Retained Earnings        
Net product sales $ 183,806 $ 191,093 $ 396,811 $ 401,966
Rental and royalty revenue 819 921 2,571 2,760
Total revenue 184,625 192,014 399,382 404,726
Product cost of goods sold 117,046 123,164 252,924 256,211
Rental and royalty cost 213 251 671 732
Total costs 117,259 123,415 253,595 256,943
Product gross margin 66,760 67,929 143,887 145,755
Rental and royalty gross margin 606 670 1,900 2,028
Total gross margin 67,366 68,599 145,787 147,783
Selling, marketing and administrative expenses 26,338 31,840 78,161 85,767
Earnings from operations 41,028 36,759 67,626 62,016
Other income (loss), net (2,879) 166 (1,085) 4,865
Earnings before income taxes 38,149 36,925 66,541 66,881
Provision for income taxes 12,008 10,316 20,077 21,958
Net earnings 26,141 26,609 46,464 44,923
Less: Net (earnings) loss attributable to noncontrolling interests 30 59 (80) 352
Net earnings attributable to Tootsie Roll Industries, Inc. $ 26,171 $ 26,668 $ 46,384 $ 45,275
Net earnings attributable to Tootsie Roll Industries, Inc. per share (in dollars per share) $ 0.43 $ 0.43 $ 0.75 $ 0.72
Dividends per share (in dollars per share) $ 0.09 $ 0.08 $ 0.26 $ 0.24
Average number of shares outstanding (in shares) 61,357 62,321 61,593 62,465
Retained earnings at beginning of period $ 17,454 $ 29,870 $ 64,927 $ 73,109
Net earnings attributable to Tootsie Roll Industries, Inc. 26,171 26,668 46,384 45,275
Cash dividends (5,502) (4,829) (15,829) (14,394)
Stock dividends [1]     (57,359) (52,281)
Retained earnings at end of period $ 38,123 $ 51,709 $ 38,123 $ 51,709
[1] Does not include 3% stock dividend to shareholders of record on 4/10/15 and 4/4/14.