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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, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
CONSOLIDATED STATEMENTS OF Earnings and Retained Earnings        
Net product sales $ 104,259 $ 107,528 $ 207,621 $ 213,005
Rental and royalty revenue 910 908 1,943 1,752
Total revenue 105,169 108,436 209,564 214,757
Product cost of goods sold 65,009 68,733 130,833 135,878
Rental and royalty cost 245 230 547 458
Total costs 65,254 68,963 131,380 136,336
Product gross margin 39,250 38,795 76,788 77,127
Rental and royalty gross margin 665 678 1,396 1,294
Total gross margin 39,915 39,473 78,184 78,421
Selling, marketing and administrative expenses 25,618 25,839 49,671 51,823
Earnings from operations 14,297 13,634 28,513 26,598
Other income (loss), net 2,239 1,321 2,204 1,794
Earnings before income taxes 16,536 14,955 30,717 28,392
Provision for income taxes 5,462 3,735 9,787 8,069
Net earnings 11,074 11,220 20,930 20,323
Less: Net earnings (loss) attributable to noncontrolling interests (62) 161 (102) 110
Net earnings attributable to Tootsie Roll Industries, Inc. $ 11,136 $ 11,059 $ 21,032 $ 20,213
Net earnings attributable to Tootsie Roll Industries, Inc. per share (in dollars per share) $ 0.18 $ 0.17 $ 0.34 $ 0.32
Dividends per share (in dollars per share) $ 0.09 $ 0.09 $ 0.18 $ 0.17
Average number of shares outstanding (in shares) 62,427 63,426 62,466 63,532
Retained earnings at beginning of period $ 2,972 $ 11,922 $ 52,349 $ 64,927
Net earnings attributable to Tootsie Roll Industries, Inc. 11,136 11,059 21,032 20,213
Cash dividends (5,617) (5,527) (11,074) (10,327)
Stock dividends [1]     (53,816) (57,359)
Retained earnings at end of period $ 8,491 $ 17,454 $ 8,491 $ 17,454
[1] Does not include 3% stock dividend to shareholders of record on 3/8/16 and 3/10/15.