2013 Q2 Form 10-Q Financial Statement
#000095012313003640 Filed on May 16, 2013
Income Statement
Concept | 2013 Q2 | 2012 Q4 | 2012 Q2 |
---|---|---|---|
Revenue | $1.131B | $749.4M | $681.6M |
YoY Change | 65.91% | 14.67% | 6.06% |
Cost Of Revenue | $585.3M | $390.7M | $365.7M |
YoY Change | 60.07% | 10.56% | 6.95% |
Gross Profit | $545.5M | $358.8M | $315.9M |
YoY Change | 72.68% | 19.51% | 5.05% |
Gross Profit Margin | 48.24% | 47.87% | 46.35% |
Selling, General & Admin | $409.9M | $257.3M | $330.2M |
YoY Change | 24.14% | 7.63% | 10.03% |
% of Gross Profit | 75.14% | 71.72% | 104.53% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $34.20M | $24.76M | $29.70M |
YoY Change | 15.15% | 8.51% | 6.07% |
% of Gross Profit | 6.27% | 6.9% | 9.4% |
Operating Expenses | $444.2M | $257.3M | $359.9M |
YoY Change | 23.42% | 7.63% | 9.73% |
Operating Profit | $101.3M | $52.69M | -$44.00M |
YoY Change | -330.24% | 10.32% | 61.21% |
Interest Expense | -$4.600M | $6.708M | $0.00 |
YoY Change | 136.36% | -100.0% | |
% of Operating Profit | -4.54% | 12.73% | |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $145.4M | $49.12M | $59.20M |
YoY Change | 145.61% | 2.28% | -6.48% |
Income Tax | $33.40M | $17.89M | $21.30M |
% Of Pretax Income | 22.97% | 36.42% | 35.98% |
Net Earnings | $112.0M | $38.57M | $28.38M |
YoY Change | 294.64% | 67.41% | 0.6% |
Net Earnings / Revenue | 9.9% | 5.15% | 4.16% |
Basic Earnings Per Share | $0.18 | $0.21 | |
Diluted Earnings Per Share | $531.1K | $0.18 | $0.21 |
COMMON SHARES | |||
Basic Shares Outstanding | 138.2M shares | 207.0M shares | |
Diluted Shares Outstanding | 209.6M shares |
Balance Sheet
Concept | 2013 Q2 | 2012 Q4 | 2012 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $14.20M | $14.10M | $186.1M |
YoY Change | -92.37% | 71.95% | 2039.08% |
Cash & Equivalents | $14.25M | $13.28M | $186.1M |
Short-Term Investments | |||
Other Short-Term Assets | $30.13M | $29.49M | $54.90M |
YoY Change | -45.12% | -16.21% | 36.57% |
Inventory | $94.94M | $91.01M | $120.8M |
Prepaid Expenses | $14.54M | ||
Receivables | $267.5M | $221.6M | $200.9M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $504.6M | $464.5M | $562.7M |
YoY Change | -10.33% | 22.69% | 70.93% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $720.3M | $725.8M | $676.8M |
YoY Change | 6.43% | 5.89% | 12.74% |
Goodwill | $270.2M | $269.9M | |
YoY Change | 22.83% | ||
Intangibles | $476.0M | $388.4M | |
YoY Change | 175.0% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $14.95M | $14.44M | $30.10M |
YoY Change | -50.33% | 3.66% | 62.7% |
Total Long-Term Assets | $1.656B | $1.531B | $1.167B |
YoY Change | 41.88% | 30.28% | 15.95% |
TOTAL ASSETS | |||
Total Short-Term Assets | $504.6M | $464.5M | $562.7M |
Total Long-Term Assets | $1.656B | $1.531B | $1.167B |
Total Assets | $2.161B | $1.996B | $1.730B |
YoY Change | 24.9% | 28.43% | 29.5% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $152.2M | $154.0M | $115.4M |
YoY Change | 31.91% | 33.71% | -5.33% |
Accrued Expenses | $142.0M | $129.4M | $109.2M |
YoY Change | 30.04% | -13.91% | -0.18% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $38.15M | $72.00M | $53.60M |
YoY Change | -28.83% | 114.27% | 84.19% |
Total Short-Term Liabilities | $332.3M | $355.0M | $278.2M |
YoY Change | 19.46% | 32.24% | 6.84% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $600.5M | $531.9M | $443.0M |
YoY Change | 35.55% | 74.34% | 388.96% |
Other Long-Term Liabilities | $50.67M | $48.89M | $191.7M |
YoY Change | -73.57% | -6.99% | 57.52% |
Total Long-Term Liabilities | $281.5M | $247.3M | $634.7M |
YoY Change | -55.65% | 1.67% | 198.96% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $332.3M | $355.0M | $278.2M |
Total Long-Term Liabilities | $281.5M | $247.3M | $634.7M |
Total Liabilities | $613.8M | $602.2M | $948.2M |
YoY Change | -35.26% | 17.71% | 76.38% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $688.8M | $597.6M | |
YoY Change | 9.06% | ||
Common Stock | $577.7M | $572.1M | |
YoY Change | 5.12% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $198.9M | $196.5M | |
YoY Change | -11.2% | ||
Treasury Stock Shares | 14.26M shares | 14.21M shares | |
Shareholders Equity | $946.2M | $858.6M | $781.6M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.161B | $1.996B | $1.730B |
YoY Change | 24.9% | 28.43% | 29.5% |
Cashflow Statement
Concept | 2013 Q2 | 2012 Q4 | 2012 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $112.0M | $38.57M | $28.38M |
YoY Change | 294.64% | 67.41% | 0.6% |
Depreciation, Depletion And Amortization | $34.20M | $24.76M | $29.70M |
YoY Change | 15.15% | 8.51% | 6.07% |
Cash From Operating Activities | $86.80M | $55.40M | $60.10M |
YoY Change | 44.43% | 93.71% | -17.22% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$22.60M | -$20.00M | -$14.30M |
YoY Change | 58.04% | -8.68% | -35.29% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$69.80M | -$317.9M | $900.0K |
YoY Change | -7855.56% | -106066.67% | -123.08% |
Cash From Investing Activities | -$92.30M | -$337.8M | -$13.40M |
YoY Change | 588.81% | 1463.89% | -48.46% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 6.500M | 74.20M | 131.7M |
YoY Change | -95.06% | -688.89% | -394.63% |
NET CHANGE | |||
Cash From Operating Activities | 86.80M | 55.40M | 60.10M |
Cash From Investing Activities | -92.30M | -337.8M | -13.40M |
Cash From Financing Activities | 6.500M | 74.20M | 131.7M |
Net Change In Cash | 1.000M | -208.2M | 178.4M |
YoY Change | -99.44% | 3617.86% | 9289.47% |
FREE CASH FLOW | |||
Cash From Operating Activities | $86.80M | $55.40M | $60.10M |
Capital Expenditures | -$22.60M | -$20.00M | -$14.30M |
Free Cash Flow | $109.4M | $75.40M | $74.40M |
YoY Change | 47.04% | 49.31% | -21.44% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q1 | us-gaap |
Business Acquisition Contingent Consideration At Fair Value
BusinessAcquisitionContingentConsiderationAtFairValue
|
10000000 | |
CY2013Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
138232858 | shares |
CY2012Q2 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
33750000 | |
CY2012Q2 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
638673000 | |
CY2012Q2 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
19270000 | |
CY2012Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
176700000 | |
CY2012Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
38146000 | |
CY2012Q2 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
399141000 | |
CY2012Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
600527000 | |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
186147000 | |
CY2012Q2 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
9812000 | |
CY2013Q2 | us-gaap |
Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
|
300000 | |
CY2013Q2 | us-gaap |
Goodwill
Goodwill
|
270154000 | |
CY2013Q2 | us-gaap |
Price Risk Cash Flow Hedge Derivative At Fair Value Net
PriceRiskCashFlowHedgeDerivativeAtFairValueNet
|
-6800000 | |
CY2013Q2 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
33635000 | |
CY2013Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
577472000 | |
CY2013Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
30130000 | |
CY2013Q2 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
|
1288000 | |
CY2013Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
14951000 | |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
11045000 | |
CY2013Q2 | us-gaap |
Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
|
-300000 | |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
210045000 | |
CY2013Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
150000000 | |
CY2013Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
281519000 | |
CY2013Q2 | us-gaap |
Cash Flow Hedge Derivative Instrument Liabilities At Fair Value
CashFlowHedgeDerivativeInstrumentLiabilitiesAtFairValue
|
8256000 | |
CY2013Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
7700000 | |
CY2013Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
141957000 | |
CY2013Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
946224000 | |
CY2013Q2 | us-gaap |
Cash Flow Hedge Derivative Instrument Assets At Fair Value
CashFlowHedgeDerivativeInstrumentAssetsAtFairValue
|
1079000 | |
CY2013Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
10251000 | |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
27937500 | shares |
CY2013Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
14255150 | shares |
CY2013Q2 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
399141000 | |
CY2013Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
600527000 | |
CY2013Q2 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
119604000 | |
CY2013Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
152225000 | |
CY2013Q2 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
21330000 | |
CY2013Q2 | us-gaap |
Business Combination Acquired Receivables Gross Contractual Amount
BusinessCombinationAcquiredReceivablesGrossContractualAmount
|
7500000 | |
CY2013Q2 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
103379000 | |
CY2013Q2 | us-gaap |
Business Combination Acquired Receivables Fair Value
BusinessCombinationAcquiredReceivablesFairValue
|
7400000 | |
CY2013Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
50673000 | |
CY2013Q2 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
307700000 | |
CY2013Q2 | us-gaap |
Notional Amount Of Cash Flow Hedge Instruments
NotionalAmountOfCashFlowHedgeInstruments
|
209500000 | |
CY2013Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
109598000 | |
CY2013Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
688787000 | |
CY2013Q2 | us-gaap |
Assets
Assets
|
2160598000 | |
CY2013Q2 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
7600000 | |
CY2013Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
74751000 | |
CY2013Q2 | us-gaap |
Inventory Net
InventoryNet
|
94936000 | |
CY2013Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2160598000 | |
CY2013Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
198922000 | |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14246000 | |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
251095000 | |
CY2013Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
152488008 | shares |
CY2013Q2 | us-gaap |
Price Risk Cash Flow Hedge Asset At Fair Value
PriceRiskCashFlowHedgeAssetAtFairValue
|
1100000 | |
CY2013Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
476045000 | |
CY2013Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-121312000 | |
CY2013Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
33296000 | |
CY2013Q2 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
267472000 | |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
10671000 | |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
11238000 | |
CY2013Q2 | us-gaap |
Bank Overdrafts
BankOverdrafts
|
16400000 | |
CY2013Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
332328000 | |
CY2013Q2 | us-gaap |
Business Combination Acquired Receivables Estimated Uncollectible
BusinessCombinationAcquiredReceivablesEstimatedUncollectible
|
100000 | |
CY2013Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
266000000 | |
CY2013Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
2411000 | |
CY2013Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
199000 | |
CY2013Q2 | us-gaap |
Price Risk Cash Flow Hedge Liability At Fair Value
PriceRiskCashFlowHedgeLiabilityAtFairValue
|
7900000 | |
CY2013Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
|
7888000 | |
CY2013Q2 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
18000000 | |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
41050000 | |
CY2013Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
-11714000 | |
CY2013Q2 | us-gaap |
Assets Current
AssetsCurrent
|
504583000 | |
CY2013Q2 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
156095000 | |
CY2013Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
40310000 | |
CY2013Q2 | us-gaap |
Assets Held For Sale Other Noncurrent
AssetsHeldForSaleOtherNoncurrent
|
63595000 | |
CY2013Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
838703000 | |
CY2013Q2 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
16225000 | |
CY2013Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
720291000 | |
CY2013Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
38146000 | |
CY2013Q2 | us-gaap |
Supplies
Supplies
|
46164000 | |
CY2013Q2 | flo |
Unsecured Long Term Debt Other Notes Payable And Capital Lease Obligations
UnsecuredLongTermDebtOtherNotesPayableAndCapitalLeaseObligations
|
201386000 | |
CY2012Q3 | us-gaap |
Business Acquisition Share Price
BusinessAcquisitionSharePrice
|
20.48 | |
CY2012Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
20000000 | |
CY2012Q3 | us-gaap |
Business Acquisition Equity Interest Issued Or Issuable Value Assigned
BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned
|
45887000 | |
CY2012Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
2300000 | |
CY2012Q3 | us-gaap |
Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
|
10200000 | |
CY2012Q3 | us-gaap |
Business Acquisition Purchase Price Allocation Intangible Assets Not Amortizable
BusinessAcquisitionPurchasePriceAllocationIntangibleAssetsNotAmortizable
|
185000000 | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7783000 | |
CY2012Q4 | us-gaap |
Goodwill
Goodwill
|
269897000 | |
CY2012Q4 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
67500000 | |
CY2012Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
607012000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
29198000 | |
CY2012Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
571924000 | |
CY2012Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
29494000 | |
CY2012Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
|
1288000 | |
CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
14442000 | |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
201884000 | |
CY2012Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
247255000 | |
CY2012Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
19274000 | |
CY2012Q4 | us-gaap |
Cash Flow Hedge Derivative Instrument Liabilities At Fair Value
CashFlowHedgeDerivativeInstrumentLiabilitiesAtFairValue
|
4060000 | |
CY2012Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
129006000 | |
CY2012Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
110500000 | |
CY2012Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
858620000 | |
CY2012Q4 | us-gaap |
Cash Flow Hedge Derivative Instrument Assets At Fair Value
CashFlowHedgeDerivativeInstrumentAssetsAtFairValue
|
9000 | |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2012Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
14214819 | shares |
CY2012Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
71996000 | |
CY2012Q4 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
399111000 | |
CY2012Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
535016000 | |
CY2012Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
118481000 | |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
153956000 | |
CY2012Q4 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
18885000 | |
CY2012Q4 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
102723000 | |
CY2012Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
48891000 | |
CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
110567000 | |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
597629000 | |
CY2012Q4 | us-gaap |
Assets
Assets
|
1995849000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
39206000 | |
CY2012Q4 | us-gaap |
Inventory Net
InventoryNet
|
91010000 | |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1995849000 | |
CY2012Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
196465000 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13275000 | |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
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CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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CY2012Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
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CY2012Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
388384000 | |
CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
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CY2012Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
32731000 | |
CY2012Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
256235000 | |
CY2012Q4 | us-gaap |
Bank Overdrafts
BankOverdrafts
|
16800000 | |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
354958000 | |
CY2012Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
186500000 | |
CY2012Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
386000 | |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
199000 | |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
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CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
37211000 | |
CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
-4100000 | |
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
464451000 | |
CY2012Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
159158000 | |
CY2012Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
39394000 | |
CY2012Q4 | us-gaap |
Assets Held For Sale Other Noncurrent
AssetsHeldForSaleOtherNoncurrent
|
30116000 | |
CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
811161000 | |
CY2012Q4 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
15758000 | |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
725836000 | |
CY2012Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
71996000 | |
CY2012Q4 | us-gaap |
Supplies
Supplies
|
45239000 | |
CY2012Q4 | flo |
Unsecured Long Term Debt Other Notes Payable And Capital Lease Obligations
UnsecuredLongTermDebtOtherNotesPayableAndCapitalLeaseObligations
|
135905000 | |
us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
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us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
124000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
59217000 | ||
us-gaap |
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
|
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us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
500000 | ||
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
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us-gaap |
Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
|
23000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
296000 | ||
us-gaap |
Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
|
233000 | ||
us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
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us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
-9064000 | ||
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
0.28 | ||
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
4799000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
29739000 | ||
us-gaap |
Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
|
906000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3064000 | ||
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
948382000 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.28 | ||
us-gaap |
Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
|
4388000 | ||
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
470000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
660000 | ||
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
3027000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1354000 | ||
us-gaap |
Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
|
478978000 | ||
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1686000 | shares | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.359 | pure | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
233000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
60113000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-13407000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4205000 | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
3766000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
|
10036000 | ||
us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
-10036000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
14288000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
178364000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-14356000 | ||
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-857000 | ||
us-gaap |
Cash Flow Hedge Gain Loss Reclassified To Earnings Net
CashFlowHedgeGainLossReclassifiedToEarningsNet
|
-15360000 | ||
us-gaap |
Inventory Write Down
InventoryWriteDown
|
413000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
20570000 | ||
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
565221000 | ||
us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
483000 | ||
us-gaap |
Other Comprehensive Income Loss Amortization Pension And Other Postretirement Benefit Plans Net Prior Service Cost Recognized In Net Periodic Pension Cost Net Of Tax
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicPensionCostNetOfTax
|
49000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
137182000 | shares | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
15819000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
59193000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3884000 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
131658000 | ||
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-24000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
135496000 | shares | |
us-gaap |
Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
|
6483000 | ||
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-1879000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
6038000 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.150 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3064000 | ||
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
6500000 | ||
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
38438000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
573000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
37943000 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
60000 | ||
us-gaap |
Pension Contributions
PensionContributions
|
12055000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
330272000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
21250000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
41827000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2500000 | ||
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
0.28 | ||
us-gaap |
Interest Expense
InterestExpense
|
4229000 | ||
dei |
Trading Symbol
TradingSymbol
|
FLO | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
FLOWERS FOODS INC | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-04-20 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001128928 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-28 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
595200000 | ||
us-gaap |
Other Comprehensive Income Loss Amortization Pension And Other Postretirement Benefit Plans Net Prior Service Cost Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax
|
79000 | ||
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1123000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1998000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
|
630000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
109000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
151204000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
1478000 | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
1270000 | ||
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1130810000 | ||
us-gaap |
Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
|
29000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1523000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
49950000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4884000 | ||
us-gaap |
Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
|
146000 | ||
us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
-8621000 | ||
us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
-488000 | ||
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
6336000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
34189000 | ||
us-gaap |
Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
|
1018000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6075000 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.81 | ||
us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
7570000 | ||
us-gaap |
Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
|
16841000 | ||
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
18000000 | ||
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-7614000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3790000 | ||
us-gaap |
Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
|
585298000 | ||
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2499000 | shares | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.228 | pure | |
us-gaap |
Gain On Purchase Of Business
GainOnPurchaseOfBusiness
|
51320000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
146000 | ||
us-gaap |
Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
|
3100000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
86829000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-92320000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4264000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
|
1007000 | ||
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
3790000 | ||
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-8621000 | ||
us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
386000 | ||
us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
-1007000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
22558000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
971000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-4829000 | ||
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-969000 | ||
us-gaap |
Cash Flow Hedge Gain Loss Reclassified To Earnings Net
CashFlowHedgeGainLossReclassifiedToEarningsNet
|
-1095000 | ||
us-gaap |
Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax
|
1655000 | ||
us-gaap |
Inventory Write Down
InventoryWriteDown
|
398000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
22503000 | ||
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
563070000 | ||
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div> <p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b>2. ACCOUNTING PRONOUNCEMENTS NOT YET ADOPTED</b></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In December 2011, the FASB issued guidance for offsetting (netting) assets and liabilities. This guidance requires entities to disclose both gross information and net information about both instruments and transactions subject to an agreement similar to a master netting agreement. This includes derivatives, sale and repurchase agreements and reverse sale and repurchase agreements, and securities borrowing and securities lending arrangements. These disclosures allow users of the financial statements to understand the effect of those arrangements on its financial position. In January 2013 an amendment was issued for this guidance. This amendment clarifies that the scope applies to derivative accounting including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset or subject to an enforceable master netting arrangement or similar agreement. This guidance is effective for annual reporting periods beginning on or after January 1, 2013 and interim periods within those annual periods. These requirements are retrospective for all comparative periods. The company is still analyzing the potential impact of this guidance on the company’s consolidated financial statements. This guidance will be effective for our fiscal 2014 which begins on December 29, 2013. Our fiscal 2013 began on December 30, 2012 which was before the effective date of this new guidance.</font></p> </div> | ||
us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
-628000 | ||
us-gaap |
Other Comprehensive Income Loss Amortization Pension And Other Postretirement Benefit Plans Net Prior Service Cost Recognized In Net Periodic Pension Cost Net Of Tax
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicPensionCostNetOfTax
|
49000 | ||
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y7M6D | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
140610000 | shares | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
146000 | ||
us-gaap |
Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
2237000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
12769000 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
22117000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
146649000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-6645000 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.82 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6462000 | ||
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-4555000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138111000 | shares | |
us-gaap |
Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
|
19209000 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | Segment | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
16799000 | ||
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
|||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4324000 | ||
us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>10. LITIGATION</b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The company and its subsidiaries from time to time are parties to, or targets of, lawsuits, claims, investigations and proceedings, which are being handled and defended in the ordinary course of business. While the company is unable to predict the outcome of these matters, it believes, based upon currently available facts, that it is remote that the ultimate resolution of any such pending matters will have a material adverse effect on its overall financial condition, results of operations or cash flows in the future. However, adverse developments could negatively impact earnings in a particular future fiscal period.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">On July 23, 2008, a wholly-owned subsidiary of the company filed a lawsuit against Hostess in the United States District Court for the Northern District of Georgia. The complaint alleges that Hostess is infringing upon Flowers Foods’ <i>Nature’s Own</i> trademarks by using or intending to use the <i>Nature’s Pride</i> trademark. Flowers Foods asserts that Hostess’s sale or intended sale of baked goods under the <i>Nature’s Pride</i> trademark is likely to cause confusion with, and likely to dilute the distinctiveness of, the <i>Nature’s Own</i> mark and constitutes unfair competition and deceptive trade practices. Flowers Foods is seeking actual damages, an accounting of Hostess’s profits from its sales of <i>Nature’s Pride</i> products, and injunctive relief. Flowers Foods sought summary judgment for its claims, which was denied by the court. On January 11, 2012, Hostess filed a voluntary petition for relief in the United States Bankruptcy Court for the Southern District of New York under Chapter 11, Title 11, United States Code. The bankruptcy filing automatically stayed the trademark lawsuit. The asset purchase agreements that Flowers Foods entered into with Hostess on January 11, 2013, discussed in Note 1, <i>Basis of Presentation</i>, include the transfer of the ownership of the <i>Nature’s Pride</i> brand to Flowers Foods and a settlement and release agreement among the parties. In the event that the transaction is not ultimately approved or is otherwise terminated, Flowers Foods’ rights with respect to the current litigation will be preserved.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The company’s facilities are subject to various federal, state and local laws and regulations regarding the discharge of material into the environment and the protection of the environment in other ways. The company is not a party to any material proceedings arising under these regulations. The company believes that compliance with existing environmental laws and regulations will not materially affect the consolidated financial condition, results of operations, cash flows or the competitive position of the company. The company believes it is currently in substantial compliance with all material environmental regulations affecting the company and its properties.</font></p> </div> | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.160 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6075000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P1Y6M | ||
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
7500000 | ||
us-gaap |
Additional Information About Entitys Reportable Segments
AdditionalInformationAboutEntitysReportableSegments
|
SEGMENTS — Flowers Foods currently operates two business segments: a direct-store-delivery segment (“DSD segment”) and a warehouse delivery segment (“warehouse segment”). The DSD segment (82% of total sales) operates 35 bakeries that market a wide variety of fresh bakery foods, including fresh breads, buns, rolls, tortillas, and snack cakes. These products are sold through a DSD route delivery system to retail and foodservice customers in the Southeast, Mid-Atlantic, New England, and Southwest as well as in select markets in California and Nevada. The warehouse segment (18% of total sales) operates 9 bakeries that produce snack cakes and breads and rolls for national retail, foodservice, vending, and co-pack customers and deliver through customers’ warehouse channels. The warehouse segment also operates one mix facility. | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3140000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax
|
1637000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
113275000 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
2237000 | ||
us-gaap |
Pension Contributions
PensionContributions
|
484000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
411439000 | ||
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
257000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
33374000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
106630000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3400000 | ||
us-gaap |
Interest Expense
InterestExpense
|
8819000 | ||
flo |
Number Of Independent Distributors
NumberOfIndependentDistributors
|
2900 | pure | |
flo |
Pension Contributions Estimated In Next Fiscal Year
PensionContributionsEstimatedInNextFiscalYear
|
15200000 | ||
flo |
Other Comprehensive Income Loss Reclassification Adjustment On Pension And Other Postretirement Benefit Plans Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnPensionAndOtherPostretirementBenefitPlansIncludedInNetIncomeNetOfTax
|
969000 | ||
flo |
Other Comprehensive Income Loss Reclassification Adjustment On Pension And Other Postretirement Benefit Plans Included In Net Income Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnPensionAndOtherPostretirementBenefitPlansIncludedInNetIncomeBeforeTax
|
1576000 | ||
flo |
Other Comprehensive Income Loss Reclassification Adjustment On Pension And Other Postretirement Benefit Plans Included In Net Income Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnPensionAndOtherPostretirementBenefitPlansIncludedInNetIncomeTax
|
607000 | ||
flo |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-1976000 | ||
flo |
Other Comprehensive Income Loss Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
-8621000 | ||
flo |
Income Tax Provision Percentage Bargain Gain
IncomeTaxProvisionPercentageBargainGain
|
0.12 | pure | |
CY2012Q3 | us-gaap |
Debt Instrument Payment Terms
DebtInstrumentPaymentTerms
|
The $17.7 million obligation for the deferred payments represents the fair value of the fixed payments of $1,250,000 beginning on the first business day of each of the sixteen calendar quarters following the fourth anniversary of the closing of the acquisition (total of $20.0 million in gross payments). The first payment will be made by Flowers on October 1, 2016 and the final payment will be made on July 1, 2020. The difference between the fair value and the gross payments of $2.3 million is recorded as a reduction to the liability and is being amortized to interest expense over eight years. | |
CY2012Q3 | us-gaap |
Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
|
1250000 | |
CY2012Q3 | us-gaap |
Debt Instrument Frequency Of Periodic Payment
DebtInstrumentFrequencyOfPeriodicPayment
|
Sixteen calendar quarters following the fourth anniversary of the closing of the acquisition | |
CY2012Q3 | us-gaap |
Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
|
2178648 | shares |
CY2012Q3 | flo |
Deferred Charges Amortization Period
DeferredChargesAmortizationPeriod
|
P8Y | |
CY2012Q3 | flo |
Business Acquisition Equity Interests Issued Or Issuable Basis For Determining Value
BusinessAcquisitionEquityInterestsIssuedOrIssuableBasisForDeterminingValue
|
50000000 | |
CY2013Q1 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P12M | |
CY2013Q2 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
1300000 | |
CY2013Q2 | flo |
Commitment Fee Basis Points
CommitmentFeeBasisPoints
|
0.0020 | pure |