2013 Form 10-K Financial Statement

#000119312514067410 Filed on February 25, 2014

View on sec.gov

Income Statement

Concept 2013 2012 Q4 2012 Q3
Revenue $739.1M $153.0M $166.4M
YoY Change 27.37% 7.71% 23.47%
Cost Of Revenue $354.1M $73.20M $73.21M
YoY Change 33.63% 18.06% 24.54%
Gross Profit $384.9M $79.78M $93.24M
YoY Change 22.12% -0.39% 22.64%
Gross Profit Margin 52.08% 52.14% 56.02%
Selling, General & Admin $270.3M $52.60M $59.93M
YoY Change 23.14% -2.05% 20.79%
% of Gross Profit 70.21% 65.93% 64.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.90M $5.300M $5.300M
YoY Change 28.18% -3.64% 23.26%
% of Gross Profit 6.73% 6.64% 5.68%
Operating Expenses $271.8M $52.70M $59.93M
YoY Change 23.77% -1.68% 20.79%
Operating Profit $113.1M $26.99M $33.31M
YoY Change 18.32% 4.89% 26.11%
Interest Expense $31.00K $0.00 $24.00K
YoY Change 0.0% -25.0%
% of Operating Profit 0.03% 0.0% 0.07%
Other Income/Expense, Net -$552.0K -$100.0K $44.00K
YoY Change 723.88% -66.67% -6.38%
Pretax Income $112.5M $26.90M $33.35M
YoY Change 17.82% 5.49% 26.05%
Income Tax $42.15M $10.00M $12.60M
% Of Pretax Income 37.45% 37.17% 37.79%
Net Earnings $70.39M $16.87M $20.75M
YoY Change 18.37% -5.13% 27.33%
Net Earnings / Revenue 9.52% 11.03% 12.47%
Basic Earnings Per Share $5.47 $1.31 $1.60
Diluted Earnings Per Share $5.18 $1.25 $1.53
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding 13.50M shares 13.45M shares

Balance Sheet

Concept 2013 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.50M $74.50M $62.80M
YoY Change -33.56% 50.51% 30.56%
Cash & Equivalents $49.50M $74.46M $62.84M
Short-Term Investments
Other Short-Term Assets $14.40M $12.00M $15.40M
YoY Change 58.24% -36.84% -16.76%
Inventory $56.40M $44.36M $38.14M
Prepaid Expenses $3.452M
Receivables $42.00M $31.48M $34.13M
Other Receivables $2.000M $0.00 $0.00
Total Short-Term Assets $164.3M $162.3M $150.5M
YoY Change 1.23% 29.13% 17.4%
LONG-TERM ASSETS
Property, Plant & Equipment $266.6M $189.9M $178.5M
YoY Change 40.39% 32.29% 26.14%
Goodwill $2.538M $2.538M
YoY Change 84.31%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.600M $4.656M $4.446M
YoY Change 104.26% 158.38% 20.16%
Total Long-Term Assets $279.8M $197.1M $185.5M
YoY Change 41.89% 34.32% 26.52%
TOTAL ASSETS
Total Short-Term Assets $164.3M $162.3M $150.5M
Total Long-Term Assets $279.8M $197.1M $185.5M
Total Assets $444.1M $359.5M $336.0M
YoY Change 23.53% 31.93% 22.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.40M $28.30M $26.47M
YoY Change 21.55% 50.5% 5.88%
Accrued Expenses $38.70M $60.50M $56.90M
YoY Change 12.83% 25.52% -1.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $100.0K $100.0K
YoY Change 0.0%
Total Short-Term Liabilities $104.4M $88.89M $83.46M
YoY Change 17.44% 32.58% 1.04%
LONG-TERM LIABILITIES
Long-Term Debt $600.0K $600.0K $600.0K
YoY Change 0.0%
Other Long-Term Liabilities $4.600M $4.470M $4.215M
YoY Change 2.22% 33.63% 50.54%
Total Long-Term Liabilities $5.200M $4.470M $4.215M
YoY Change 1.96% 33.63% 50.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $104.4M $88.89M $83.46M
Total Long-Term Liabilities $5.200M $4.470M $4.215M
Total Liabilities $142.0M $114.4M $105.6M
YoY Change 24.13% 30.37% 2.79%
SHAREHOLDERS EQUITY
Retained Earnings $88.54M $77.14M
YoY Change 87.91%
Common Stock $157.3M $154.0M
YoY Change 13.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $302.1M $245.1M $230.4M
YoY Change
Total Liabilities & Shareholders Equity $444.1M $359.5M $336.0M
YoY Change 23.53% 31.93% 22.27%

Cashflow Statement

Concept 2013 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $70.39M $16.87M $20.75M
YoY Change 18.37% -5.13% 27.33%
Depreciation, Depletion And Amortization $25.90M $5.300M $5.300M
YoY Change 28.18% -3.64% 23.26%
Cash From Operating Activities $99.98M $30.50M $41.50M
YoY Change 4.88% 104.7% 167.74%
INVESTING ACTIVITIES
Capital Expenditures $100.7M -$16.50M -$17.70M
YoY Change 52.48% 126.03% 180.95%
Acquisitions $2.753M
YoY Change 59.5%
Other Investing Activities -$2.700M $900.0K -$100.0K
YoY Change 107.69%
Cash From Investing Activities -$103.3M -$15.60M -$17.80M
YoY Change 53.48% 113.7% 182.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $29.59M
YoY Change 63.94%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.59M -3.300M -2.000M
YoY Change 621.21% -46.77% -92.7%
NET CHANGE
Cash From Operating Activities 99.98M 30.50M 41.50M
Cash From Investing Activities -103.3M -15.60M -17.80M
Cash From Financing Activities -21.59M -3.300M -2.000M
Net Change In Cash -24.94M 11.60M 21.70M
YoY Change -199.7% 728.57% -219.23%
FREE CASH FLOW
Cash From Operating Activities $99.98M $30.50M $41.50M
Capital Expenditures $100.7M -$16.50M -$17.70M
Free Cash Flow -$673.0K $47.00M $59.20M
YoY Change -102.3% 111.71% 171.56%

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--12-28
CY2013 dei Document Fiscal Period Focus
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FY
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
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CY2012Q4 sam Stock Repurchase Program Cumulative Number Of Shares Repurchased
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CY2012Q4 sam Stock Repurchase Program Cumulative Shares Repurchased Value
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CY2012Q4 sam Accrued Sales And Marketing Current
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8158000
CY2013 dei Trading Symbol
TradingSymbol
SAM
CY2013 dei Entity Registrant Name
EntityRegistrantName
BOSTON BEER CO INC
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Amendment Flag
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false
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013 dei Document Fiscal Year Focus
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2013
CY2013 dei Document Type
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10-K
CY2013 dei Document Period End Date
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2013-12-28
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0000949870
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013 us-gaap Earnings Per Share Basic
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5.47
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CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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CY2013 us-gaap Debt Instrument Covenant Compliance
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The Company was in compliance with all covenants as of December 28, 2013 and December 29, 2012.
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CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2013 us-gaap Concentration Risk Credit Risk
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CY2013 sam Lease Expiration Year
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CY2013 sam Weighted Average Number Of Basic Shares Outstanding Equity Instruments Other Than Option Nonvested
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CY2013 sam Service Period For Other Commitments Related To Brewery Acquisition
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P5Y
CY2013 sam Number Of Customers Accounted For More Than Ten Percent Of Accounts Receivable
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0 Customer
CY2013 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimated Forfeiture Rate
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0.064 pure
CY2013 sam Weighted Average Number Of Shares Outstanding Basic Including Nonvested Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingNonvestedParticipatingSecurities
12859000 shares
CY2013 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Factor
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExerciseFactor
2.8 Times
CY2013 sam Deferred Federal State And Local Income Tax Expense Benefit
DeferredFederalStateAndLocalIncomeTaxExpenseBenefit
11336000
CY2013 sam Provision For Reduction Of Doubtful Accounts
ProvisionForReductionOfDoubtfulAccounts
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CY2013 sam Net Proceeds From Sale Of Investment Shares
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956000
CY2013 sam Number Of Customers Accounted For More Than Ten Percent Of Revenue
NumberOfCustomersAccountedForMoreThanTenPercentOfRevenue
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CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.60
CY2012 us-gaap Property Plant And Equipment Gross Period Increase Decrease
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-1100000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0186 pure
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.39
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13435000 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.341 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.022 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Discount For Postvesting Restrictions
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0.008 pure
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
45.03
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.00 pure
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
95330000
CY2012 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2012 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
165192 shares
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2012 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Period Increase Decrease
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CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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75000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
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66010000
CY2012 us-gaap Increase Decrease In Restricted Cash
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628000
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
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12443000
CY2012 us-gaap Income Taxes Paid
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18782000
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2012 us-gaap Sales Revenue Goods Net
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628580000
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
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59467000
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
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108000
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2012 us-gaap Other Nonoperating Income Expense
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CY2012 us-gaap Interest Income Expense Nonoperating Net
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CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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7894000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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95517000
CY2012 us-gaap Increase Decrease In Accounts Receivable
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8305000
CY2012 us-gaap Revenues
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580222000
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2012 us-gaap Comprehensive Income Net Of Tax
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59422000
CY2012 us-gaap Gross Profit
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CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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54000
CY2012 us-gaap Payments For Repurchase Of Common Stock
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18046000
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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7894000
CY2012 us-gaap Nonoperating Income Expense
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CY2012 us-gaap Net Income Loss
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CY2012 us-gaap Increase Decrease In Inventories
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CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6528000
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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99000
CY2012 us-gaap Cost Of Goods Sold
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265012000
CY2012 us-gaap Deferred Income Tax Expense Benefit
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2066000
CY2012 us-gaap Proceeds From Notes Payable
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628000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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59000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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CY2012 us-gaap General And Administrative Expense
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CY2012 us-gaap Net Cash Provided By Used In Financing Activities
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CY2012 us-gaap Share Based Compensation
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CY2012 us-gaap Stock Repurchased During Period Value
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401000
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
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25013000
CY2012 us-gaap Selling And Marketing Expense
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CY2012 us-gaap Current State And Local Tax Expense Benefit
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CY2012 us-gaap Operating Leases Rent Expense Net
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CY2012 us-gaap Excise And Sales Taxes
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48358000
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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290000
CY2012 us-gaap Current Federal Tax Expense Benefit
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CY2012 us-gaap Operating Expenses
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CY2012 us-gaap Income Tax Expense Benefit
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36050000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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20900000
CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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45000
CY2012 us-gaap Increase Decrease In Accounts Payable
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CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
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41000
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
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2279000
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
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CY2012 us-gaap Proceeds From Stock Options Exercised
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5727000
CY2012 us-gaap Undistributed Earnings Allocated To Participating Securities
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CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
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-141000
CY2012 us-gaap Depreciation Depletion And Amortization
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20208000
CY2012 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
78300000
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
7894000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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323000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2012 us-gaap Depreciation
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20200000
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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100000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
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CY2012 us-gaap Increase Decrease In Customer Deposits
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CY2012 us-gaap Shipping Handling And Transportation Costs
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36300000
CY2012 us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
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1161000
CY2012 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2012 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2012 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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338000
CY2012 sam Weighted Average Number Of Basic Shares Outstanding Equity Instruments Other Than Option Nonvested
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118000 shares
CY2012 sam Number Of Customers Accounted For More Than Ten Percent Of Accounts Receivable
NumberOfCustomersAccountedForMoreThanTenPercentOfAccountsReceivable
0 Customer
CY2012 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimated Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsEstimatedForfeitureRate
0.064 pure
CY2012 sam Weighted Average Number Of Shares Outstanding Basic Including Nonvested Participating Securities
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12914000 shares
CY2012 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Factor
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExerciseFactor
2.9 Times
CY2012 sam Deferred Federal State And Local Income Tax Expense Benefit
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2138000
CY2012 sam Provision For Reduction Of Doubtful Accounts
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CY2012 sam Net Proceeds From Sale Of Investment Shares
NetProceedsFromSaleOfInvestmentShares
803000
CY2012 sam Number Of Customers Accounted For More Than Ten Percent Of Revenue
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0 Customer
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.08
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0330 pure
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.81
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13741000 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.346 pure
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
66059000
CY2011 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
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220000
CY2011 us-gaap Other Nonoperating Income Expense
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CY2011 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
54000
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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5346000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
103500000
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3161000
CY2011 us-gaap Revenues
Revenues
513000000
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2146000
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
65659000
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.015 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Discount For Postvesting Restrictions
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions
0.011 pure
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
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0.362 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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43.07
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.00 pure
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
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72760000
CY2011 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.041 pure
CY2011 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
760036 shares
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.006 pure
CY2011 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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207000
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19599000
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
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10144000
CY2011 us-gaap Income Taxes Paid
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40556000
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2011 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2011 us-gaap Sales Revenue Goods Net
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558282000
CY2011 us-gaap Gross Profit
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CY2011 us-gaap Operating Income Loss
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CY2011 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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23000
CY2011 us-gaap Gain Loss Related To Litigation Settlement
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20500000
CY2011 us-gaap Payments For Repurchase Of Common Stock
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CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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CY2011 us-gaap Nonoperating Income Expense
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CY2011 us-gaap Net Income Loss
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CY2011 us-gaap Increase Decrease In Inventories
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CY2011 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2011 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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423000
CY2011 us-gaap Cost Of Goods Sold
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228433000
CY2011 us-gaap Deferred Income Tax Expense Benefit
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CY2013Q3 us-gaap Net Income Loss
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CY2013Q3 sam Number Of Barrels Sold
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995000 bbl
CY2013Q4 us-gaap Gross Profit
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CY2013Q4 us-gaap Operating Income Loss
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CY2013Q4 us-gaap Net Income Loss
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18079000
CY2011 us-gaap Depreciation
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18100000
CY2011 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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400000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
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CY2011 us-gaap Shipping Handling And Transportation Costs
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31100000
CY2011 us-gaap Impairment Of Long Lived Assets Held For Use
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666000
CY2011 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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894000
CY2011 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimated Forfeiture Rate
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0.064 pure
CY2011 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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CY2011 us-gaap General And Administrative Expense
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CY2011 us-gaap Net Cash Provided By Used In Financing Activities
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CY2011 us-gaap Share Based Compensation
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6178000
CY2011 us-gaap Stock Repurchased During Period Value
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CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
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481000
CY2011 us-gaap Selling And Marketing Expense
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157261000
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5809000
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1400000
CY2011 us-gaap Excise And Sales Taxes
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45282000
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
31845000
CY2011 us-gaap Operating Expenses
OperatingExpenses
180912000
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37441000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11600000
CY2011 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
400000
CY2011 us-gaap Increase Decrease In Accounts Payable
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CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-47000
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
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-711000
CY2011 us-gaap Proceeds From Stock Options Exercised
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4107000
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2011 us-gaap Depreciation Depletion And Amortization
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18792000
CY2011 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
73400000
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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5346000
CY2011 us-gaap Current Income Tax Expense Benefit
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37654000
CY2011 sam Weighted Average Number Of Shares Outstanding Basic Including Nonvested Participating Securities
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13012000 shares
CY2011 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Factor
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExerciseFactor
2.2 Times
CY2011 sam Deferred Federal State And Local Income Tax Expense Benefit
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-213000
CY2011 sam Provision For Reduction Of Doubtful Accounts
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55000
CY2011 sam Net Proceeds From Sale Of Investment Shares
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691000
CY2011 sam Number Of Customers Accounted For More Than Ten Percent Of Revenue
NumberOfCustomersAccountedForMoreThanTenPercentOfRevenue
0 Customer
CY2013Q4 us-gaap Conversion Of Stock Shares Converted1
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20000000 shares
CY2008Q1 sam Percentage Of Product Supplied
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0.25 pure
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
CY2013Q4 us-gaap Earnings Per Share Diluted
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1.33
CY2013Q4 us-gaap Sales Revenue Goods Net
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205375000
CY2013Q4 sam Number Of Barrels Sold
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943000 bbl
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2012Q1 us-gaap Sales Revenue Goods Net
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113271000
CY2012Q1 us-gaap Gross Profit
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61809000
CY2012Q1 us-gaap Operating Income Loss
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11841000
CY2012Q1 us-gaap Net Income Loss
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7493000
CY2012Q1 sam Number Of Barrels Sold
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539000 bbl
CY2013Q1 us-gaap Earnings Per Share Basic
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0.54
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0.51
CY2013Q1 us-gaap Sales Revenue Goods Net
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135932000
CY2013Q1 us-gaap Gross Profit
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67783000
CY2013Q1 us-gaap Operating Income Loss
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9686000
CY2013Q1 us-gaap Net Income Loss
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6912000
CY2013Q1 sam Number Of Barrels Sold
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636000 bbl
CY2012Q2 us-gaap Earnings Per Share Basic
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1.11
CY2012Q2 us-gaap Earnings Per Share Diluted
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CY2012Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
147503000
CY2012Q2 us-gaap Gross Profit
GrossProfit
80383000
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
23445000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
14351000
CY2012Q2 sam Number Of Barrels Sold
NumberOfBarrelsSold
696000 bbl
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
CY2013Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
181332000
CY2013Q2 us-gaap Gross Profit
GrossProfit
97132000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
32048000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
19715000
CY2013Q2 sam Number Of Barrels Sold
NumberOfBarrelsSold
842000 bbl
CY2011Q2 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
20500000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.60
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.53
CY2012Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
166448000
CY2012Q3 us-gaap Gross Profit
GrossProfit
93242000
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
33310000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
20750000
CY2012Q3 sam Number Of Barrels Sold
NumberOfBarrelsSold
778000 bbl
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.00
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.89
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
216414000
CY2013Q3 us-gaap Gross Profit
GrossProfit
115379000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
42239000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.31
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
CY2012Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
153000000
CY2012Q4 us-gaap Gross Profit
GrossProfit
79776000
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
26988000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
16873000
CY2012Q4 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
3500000
CY2012Q4 sam Number Of Barrels Sold
NumberOfBarrelsSold
733000 bbl

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