2015 Q4 Form 10-K Financial Statement

#000119312517052150 Filed on February 22, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $215.1M $293.1M $252.2M
YoY Change -1.23% 8.66% 8.89%
Cost Of Revenue $106.4M $136.1M $116.0M
YoY Change -2.74% 7.37% 6.88%
Gross Profit $108.8M $157.0M $136.2M
YoY Change 0.34% 9.8% 10.67%
Gross Profit Margin 50.56% 53.57% 54.01%
Selling, General & Admin $82.40M $95.91M $89.41M
YoY Change 8.14% 18.74% 8.24%
% of Gross Profit 75.76% 61.09% 65.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.30M $11.10M $10.20M
YoY Change 11.88% 15.63% 24.39%
% of Gross Profit 10.39% 7.07% 7.49%
Operating Expenses $82.40M $96.13M $89.41M
YoY Change 8.14% 16.73% 8.24%
Operating Profit $26.34M $60.88M $46.82M
YoY Change -17.79% 0.38% 15.62%
Interest Expense $0.00 $0.00 $11.00K
YoY Change -100.0% -320.0%
% of Operating Profit 0.0% 0.0% 0.02%
Other Income/Expense, Net -$400.0K -$527.0K $65.00K
YoY Change -42.86% 55.0% -66.84%
Pretax Income $26.00M $60.35M $46.88M
YoY Change -16.93% 0.08% 15.23%
Income Tax $9.800M $21.73M $16.95M
% Of Pretax Income 37.69% 36.0% 36.16%
Net Earnings $16.12M $38.62M $29.93M
YoY Change -15.51% 1.84% 17.71%
Net Earnings / Revenue 7.49% 13.18% 11.87%
Basic Earnings Per Share $1.25 $2.93 $2.24
Diluted Earnings Per Share $1.21 $2.85 $2.18
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding 13.51M shares 13.67M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $94.20M $134.6M $147.0M
YoY Change 23.3% 135.31% 369.65%
Cash & Equivalents $94.19M $134.6M $147.0M
Short-Term Investments
Other Short-Term Assets $19.00M $21.00M $21.10M
YoY Change 1057.83% -0.94% 0.48%
Inventory $56.46M $57.32M $57.12M
Prepaid Expenses $3.184M
Receivables $38.98M $57.12M $52.58M
Other Receivables $14.90M $2.200M $3.500M
Total Short-Term Assets $223.6M $272.3M $281.3M
YoY Change 7.78% 45.08% 61.25%
LONG-TERM ASSETS
Property, Plant & Equipment $409.9M $405.4M $397.9M
YoY Change 7.43% 9.04% 14.45%
Goodwill $3.683M $3.683M $3.683M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.188M $9.550M $9.719M
YoY Change -34.22% 4.38% 19.38%
Total Long-Term Assets $421.8M $418.6M $411.3M
YoY Change 6.06% 8.85% 14.41%
TOTAL ASSETS
Total Short-Term Assets $223.6M $272.3M $281.3M
Total Long-Term Assets $421.8M $418.6M $411.3M
Total Assets $645.4M $690.9M $692.5M
YoY Change 6.65% 20.73% 29.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $42.72M $48.52M $46.01M
YoY Change 20.08% 21.77% 2.03%
Accrued Expenses $30.00M $84.30M $72.40M
YoY Change -9.09% 2.18% -9.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K
YoY Change 0.0%
Total Short-Term Liabilities $111.2M $132.8M $118.4M
YoY Change 0.9% 8.5% -5.17%
LONG-TERM LIABILITIES
Long-Term Debt $500.0K $500.0K $500.0K
YoY Change 0.0% -5.3% 0.0%
Other Long-Term Liabilities $16.55M $15.50M $7.810M
YoY Change 117.55% 234.97% 73.71%
Total Long-Term Liabilities $16.55M $15.50M $7.810M
YoY Change 117.55% 200.66% 73.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $111.2M $132.8M $118.4M
Total Long-Term Liabilities $16.55M $15.50M $7.810M
Total Liabilities $184.2M $196.1M $177.8M
YoY Change 8.97% 22.64% 9.68%
SHAREHOLDERS EQUITY
Retained Earnings $171.9M $210.7M $233.1M
YoY Change -18.98% 4.84% 42.94%
Common Stock $290.1M $285.1M $282.6M
YoY Change 28.98% 34.69% 35.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $461.2M $494.8M $514.7M
YoY Change
Total Liabilities & Shareholders Equity $645.4M $690.9M $692.5M
YoY Change 6.65% 20.73% 29.72%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income $16.12M $38.62M $29.93M
YoY Change -15.51% 1.84% 17.71%
Depreciation, Depletion And Amortization $11.30M $11.10M $10.20M
YoY Change 11.88% 15.63% 24.39%
Cash From Operating Activities $26.20M $64.10M $57.20M
YoY Change -32.12% -0.31% 21.44%
INVESTING ACTIVITIES
Capital Expenditures -$18.50M -$16.70M -$20.20M
YoY Change -21.28% -58.04% -54.4%
Acquisitions
YoY Change
Other Investing Activities -$100.0K $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$18.60M -$16.70M -$20.20M
YoY Change -20.85% -58.15% -54.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -48.10M -59.80M -12.10M
YoY Change -1273.17% -3837.5% -3125.0%
NET CHANGE
Cash From Operating Activities 26.20M 64.10M 57.20M
Cash From Investing Activities -18.60M -16.70M -20.20M
Cash From Financing Activities -48.10M -59.80M -12.10M
Net Change In Cash -40.50M -12.40M 24.90M
YoY Change -310.94% -147.69% 678.13%
FREE CASH FLOW
Cash From Operating Activities $26.20M $64.10M $57.20M
Capital Expenditures -$18.50M -$16.70M -$20.20M
Free Cash Flow $44.70M $80.80M $77.40M
YoY Change -28.02% -22.38% -15.32%

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CY2016Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
90000000
CY2016Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
1781000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
661872000
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
400000
CY2016Q4 us-gaap Assets
Assets
623297000
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17631000
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
16962000
CY2016Q4 us-gaap Goodwill
Goodwill
3683000
CY2016Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4928000
CY2016Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
8131000
CY2016Q4 us-gaap Lease Incentive Receivable Current
LeaseIncentiveReceivableCurrent
113000
CY2016Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
14147000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9965000
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8731000
CY2016Q4 us-gaap Prepaid Taxes
PrepaidTaxes
1637000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
61632000
CY2016Q4 sam Interest Coverage Ratio Minimum For Covenant Compliance
InterestCoverageRatioMinimumForCovenantCompliance
2.00 pure
CY2016Q4 sam Share Based Compensation Arrangement By Share Based Payment Award Expected Future Compensation Year Four
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpectedFutureCompensationYearFour
2606000
CY2016Q4 sam Kegs
Kegs
70024000
CY2016Q4 sam Debt To Earnings Before Interest Taxes Depreciation Amortization Ratio Maximum For Covenant Compliance
DebtToEarningsBeforeInterestTaxesDepreciationAmortizationRatioMaximumForCovenantCompliance
2.50 pure
CY2016Q4 sam Stock Repurchase Program Cumulative Shares Repurchased Value
StockRepurchaseProgramCumulativeSharesRepurchasedValue
607750000
CY2016Q4 sam Accrued Deposits Current
AccruedDepositsCurrent
15814000
CY2016Q4 sam Accrued Freight Costs Current
AccruedFreightCostsCurrent
1402000
CY2016Q4 sam Share Based Compensation Arrangement By Share Based Payment Award Expected Future Compensation Year Five
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpectedFutureCompensationYearFive
2060000
CY2016Q4 sam Share Based Compensation Arrangement By Share Based Payment Award Expected Future Compensation Year Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpectedFutureCompensationYearTwo
5253000
CY2016Q4 sam Defined Benefit Plan Basis Used To Determine Overall Expected Long Term Rate Of Returns On Assets Assumption
DefinedBenefitPlanBasisUsedToDetermineOverallExpectedLongTermRateOfReturnsOnAssetsAssumption
0.065 pure
CY2016Q4 sam Supplier Rebates Current
SupplierRebatesCurrent
1158000
CY2016Q4 sam Convertible Shares Exchange Ratio
ConvertibleSharesExchangeRatio
1 shares
CY2016Q4 sam International Sales Percentage Of Sales
InternationalSalesPercentageOfSales
0.04 pure
CY2016Q4 sam Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio
DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatio
0.0000 pure
CY2016Q4 sam Stock Repurchase Program Cumulative Number Of Shares Repurchased
StockRepurchaseProgramCumulativeNumberOfSharesRepurchased
12483556 shares
CY2016Q4 sam Sales Tax Payable Current
SalesTaxPayableCurrent
2437000
CY2016Q4 sam Share Based Compensation Arrangement By Share Based Payment Award Expected Future Compensation Year One
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpectedFutureCompensationYearOne
5707000
CY2016Q4 sam Debt Instrument Interest Coverage Ratio
DebtInstrumentInterestCoverageRatio
11352.00 pure
CY2016Q4 sam Accrued Sales And Marketing Current
AccruedSalesAndMarketingCurrent
8562000
CY2016Q4 sam Share Based Compensation Arrangement By Share Based Payment Award Expected Future Compensation Year Three
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpectedFutureCompensationYearThree
3952000
CY2016Q4 sam Share Based Compensation Arrangement By Share Based Payment Award Expected Future Compensation Thereafter
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpectedFutureCompensationThereafter
3422000
CY2016Q4 sam Allowance For Sales Returns Current
AllowanceForSalesReturnsCurrent
5226000
CY2016Q4 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
125000 shares
CY2016Q4 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
45000 shares
CY2014 us-gaap Revenues
Revenues
903007000
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
151784000
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7859000
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
100000
CY2015Q2 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
150000 shares
CY2015Q4 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
100000 shares
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.69
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
141211000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Discount For Postvesting Restrictions
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions
0.000 pure
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13484000 shares
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.040 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0283 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
106.81
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
53.82
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.96
CY2014 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.021 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.008 pure
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
38329 shares
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
29474 shares
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.377 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.343 pure
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
3800000
CY2014 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
21000
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
17353000
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
966478000
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
146567000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
90743000
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-5090000
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5157000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6857000
CY2014 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
53000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
466000
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
455000
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
42324000
CY2014 us-gaap Gross Profit
GrossProfit
465011000
CY2014 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-1777000
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
45030000
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-994000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
18000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
90027000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-716000
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-973000
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
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90743000
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-53000
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9447000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
145594000
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
17353000
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
15407000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
15350000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
587000
CY2014 us-gaap Depreciation
Depreciation
34800000
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
35138000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54851000
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
884000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-151831000
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
6857000
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2014 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1777000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
30595000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
38857000
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
17353000
CY2014 us-gaap Inventory Write Down
InventoryWriteDown
6100000
CY2014 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
100500000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
734000
CY2014 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
250696000
CY2014 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
15994000
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
65971000
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2019000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
37498000
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3200000
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
716000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
45800000
CY2014 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-509000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
26878000
CY2014 us-gaap Cost Of Goods Sold
CostOfGoodsSold
437996000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8262000
CY2014 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
63471000
CY2014 us-gaap Operating Expenses
OperatingExpenses
318444000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
-11000
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
27272000
CY2014 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
62600000
CY2014 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
7859000
CY2014 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Factor
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExerciseFactor
3.40 Times
CY2014 sam Weighted Average Number Of Basic Shares Outstanding Equity Instruments Other Than Option Nonvested
WeightedAverageNumberOfBasicSharesOutstandingEquityInstrumentsOtherThanOptionNonvested
73000 shares
CY2014 sam Number Of Customers Accounted For More Than Ten Percent Of Revenue
NumberOfCustomersAccountedForMoreThanTenPercentOfRevenue
0 Customer
CY2014 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimated Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsEstimatedForfeitureRate
0.050 pure
CY2014 sam Increase Decrease In Accrued Expenses Taxes And Other Current Liabilities
IncreaseDecreaseInAccruedExpensesTaxesAndOtherCurrentLiabilities
-4578000
CY2014 sam Decrease Increase In Accounts Payable For Purchase Of Property Plant And Equipment
DecreaseIncreaseInAccountsPayableForPurchaseOfPropertyPlantAndEquipment
268000
CY2014 sam Weighted Average Number Of Shares Outstanding Basic Including Nonvested Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingNonvestedParticipatingSecurities
13041000 shares
CY2014 sam Provision For Recovery Of Doubtful Accounts
ProvisionForRecoveryOfDoubtfulAccounts
-16000
CY2014 sam Net Proceeds From Sale Of Investment Shares
NetProceedsFromSaleOfInvestmentShares
785000
CY2014 sam Loss On Sale Of Property Plant Equipment
LossOnSaleOfPropertyPlantEquipment
434000
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.25
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
168683000
CY2015 us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
-1200000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Discount For Postvesting Restrictions
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions
0.000 pure
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13520000 shares
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.034 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0216 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
128.54
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
79.44
CY2015 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Period Increase Decrease
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease
-1200000
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.46
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.027 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.008 pure
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
25732 shares
CY2015 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
616747 shares
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.365 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.342 pure
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
4100000
CY2015 us-gaap Revenues
Revenues
959934000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
74187000
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
135705000
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
100000
CY2015 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
56000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
15350000
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1024040000
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
156174000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
98414000
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5155000
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2289000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6665000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
44000
CY2015 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
54000
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
-99000
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-22000
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-142000
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
45078000
CY2015 us-gaap Gross Profit
GrossProfit
501617000
CY2015 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-258000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
117000
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
58525000
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1220000
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
74000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
98596000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
182000
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1164000
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
98414000
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-57000
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-11858000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
155010000
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
15350000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
6279000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6986000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
523000
CY2015 us-gaap Depreciation
Depreciation
43400000
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
42885000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56596000
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5985000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-74230000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
6665000
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
43000
CY2015 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000
CY2015 us-gaap Asset Impairment Charges
AssetImpairmentCharges
258000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
42391000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
49794000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
15350000
CY2015 us-gaap Inventory Write Down
InventoryWriteDown
4000000
CY2015 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
120100000
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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-130000
CY2015 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
17252000
CY2015 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
273629000
CY2015 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
6802000
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
71556000
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
8732000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-76662000
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-204000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
37700000
CY2015 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-462000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
17791000
CY2015 sam Decrease Increase In Accounts Payable For Repurchase Of Common Stock
DecreaseIncreaseInAccountsPayableForRepurchaseOfCommonStock
3000000
CY2015 us-gaap Cost Of Goods Sold
CostOfGoodsSold
458317000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7403000
CY2015 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
64106000
CY2015 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-900000
CY2015 us-gaap Operating Expenses
OperatingExpenses
345443000
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
-43000
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
42339000
CY2015 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
62200000
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
138705000
CY2015 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Factor
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExerciseFactor
3.00 Times
CY2015 sam Defined Benefit Plan Unfunded Status Of Plan
DefinedBenefitPlanUnfundedStatusOfPlan
1600000
CY2015 sam Weighted Average Number Of Basic Shares Outstanding Equity Instruments Other Than Option Nonvested
WeightedAverageNumberOfBasicSharesOutstandingEquityInstrumentsOtherThanOptionNonvested
62000 shares
CY2015 sam Number Of Customers Accounted For More Than Ten Percent Of Revenue
NumberOfCustomersAccountedForMoreThanTenPercentOfRevenue
0 Customer
CY2015 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimated Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsEstimatedForfeitureRate
0.050 pure
CY2015 sam Increase Decrease In Accrued Expenses Taxes And Other Current Liabilities
IncreaseDecreaseInAccruedExpensesTaxesAndOtherCurrentLiabilities
-9014000
CY2015 sam Decrease Increase In Accounts Payable For Purchase Of Property Plant And Equipment
DecreaseIncreaseInAccountsPayableForPurchaseOfPropertyPlantAndEquipment
-1843000
CY2015 sam Number Of Customers Accounted For More Than Ten Percent Of Accounts Receivable
NumberOfCustomersAccountedForMoreThanTenPercentOfAccountsReceivable
0 Customer
CY2015 sam Weighted Average Number Of Shares Outstanding Basic Including Nonvested Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingNonvestedParticipatingSecurities
13185000 shares
CY2015 sam Provision For Recovery Of Doubtful Accounts
ProvisionForRecoveryOfDoubtfulAccounts
165000
CY2015 sam Net Proceeds From Sale Of Investment Shares
NetProceedsFromSaleOfInvestmentShares
1408000
CY2015 sam Loss On Sale Of Property Plant Equipment
LossOnSaleOfPropertyPlantEquipment
515000
CY2016 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2016 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016 dei Document Type
DocumentType
10-K
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.79
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.003 pure
CY2016 dei Entity Central Index Key
EntityCentralIndexKey
0000949870
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
154189000
CY2016 us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
-1400000
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y5M9D
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
74.71
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
241.79
CY2016 dei Trading Symbol
TradingSymbol
SAM
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Discount For Postvesting Restrictions
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions
0.000 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1980 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12796000 shares
CY2016 dei Amendment Flag
AmendmentFlag
false
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Concentrations of Credit Risk</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash equivalents and trade receivables. The Company places its cash equivalents with high credit quality financial institutions. As of December&#xA0;31, 2016, the Company&#x2019;s cash and cash equivalents were invested in investment-grade, highly-liquid U.S. government agency corporate money market accounts.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> The Company sells primarily to a network of independent wholesalers in the United States and to a network of foreign wholesalers, importers or other agencies (collectively referred to as &#x201C;Distributors&#x201D;). In 2016, 2015 and 2014, sales to foreign Distributors were approximately 4% of total sales. Receivables arising from these sales are not collateralized; however, credit risk is minimized as a result of the large and diverse nature of the Company&#x2019;s customer base. There were no individual customer accounts receivable balances outstanding at December&#xA0;31, 2016 and December&#xA0;26, 2015 that were in excess of 10% of the gross accounts receivable balance on those dates. No individual customers represented more than 10% of the Company&#x2019;s revenues during fiscal years 2016, 2015, and 2014.</p> </div>
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.036 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
7066 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0216 pure
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y1M21D
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
40352 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
87.70
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
114.12
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
196.86
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
197.56
CY2016 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Period Increase Decrease
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease
-1400000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.006 pure
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016 dei Document Period End Date
DocumentPeriodEndDate
2016-12-31
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.93
CY2016 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.026 pure
CY2016 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016 us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.0015 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
152.40
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
161.84
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
537087 shares
CY2016 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
944876 shares
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
19740 shares
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b><i>Use of Estimates</i></b></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</p> </div>
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.363 pure
CY2016 dei Entity Registrant Name
EntityRegistrantName
BOSTON BEER CO INC
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y1M2D
CY2016 us-gaap Fiscal Period
FiscalPeriod
<div> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b><i>Fiscal Year</i></b></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> The Company&#x2019;s fiscal year is a <font style="white-space:nowrap">fifty-two</font> or fifty-three week period ending on the last Saturday in December. The fiscal period 2016 consists of fifty-three weeks and the fiscal periods 2015 and 2014 consist of <font style="white-space:nowrap">fifty-two</font> weeks.</p> </div>
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
114.12
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.340 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
800490 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
30852 shares
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y4M21D
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
19740 shares
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
300000
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
9900000
CY2016 us-gaap Revenues
Revenues
906446000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
49913000
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
164658000
CY2016 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
168000
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
12524000
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
968994000
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OperatingIncomeLoss
137659000
CY2016 us-gaap Net Income Loss
NetIncomeLoss
87349000
CY2016 us-gaap Increase Decrease In Inventories
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-445000
CY2016 us-gaap Increase Decrease In Accounts Receivable
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-2534000
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6148000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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80000
CY2016 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
58000
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
-69000
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-99000
CY2016 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
32000
CY2016 us-gaap Income Taxes Paid
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30978000
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459670000
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GainLossOnSalesOfAssetsAndAssetImpairmentCharges
235000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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76000
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2016 us-gaap Other Nonoperating Income Expense
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CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
-175000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
87197000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-152000
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-538000
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
87349000
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-40000
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-14936000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
137121000
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
12524000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
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7666000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8243000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
608000
CY2016 us-gaap Depreciation
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49300000
CY2016 us-gaap Depreciation Depletion And Amortization
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49557000
CY2016 us-gaap Income Tax Expense Benefit
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49772000
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-46018000
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
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3855000
CY2016 us-gaap Share Based Compensation
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6148000
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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50000
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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3000
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2016 us-gaap Asset Impairment Charges
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716000
CY2016 us-gaap Current Federal Tax Expense Benefit
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35390000
CY2016 us-gaap Current Income Tax Expense Benefit
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41498000
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12524000
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4500000
CY2016 us-gaap Marketing And Advertising Expense
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105300000
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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12064000
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CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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3800000
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53000
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52700000
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446776000
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6108000
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62548000
CY2016 us-gaap Goodwill Acquired During Period
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0
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101000
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40127000
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49200000
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161658000
CY2016 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Factor
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2.68 Times
CY2016 sam Defined Benefit Plan Unfunded Status Of Plan
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1900000
CY2016 sam Weighted Average Number Of Basic Shares Outstanding Equity Instruments Other Than Option Nonvested
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64000 shares
CY2016 sam Number Of Customers Accounted For More Than Ten Percent Of Revenue
NumberOfCustomersAccountedForMoreThanTenPercentOfRevenue
0 Customer
CY2016 sam Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimated Forfeiture Rate
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0.050 pure
CY2016 sam Increase Decrease In Accrued Expenses Taxes And Other Current Liabilities
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-5479000
CY2016 sam Decrease Increase In Accounts Payable For Purchase Of Property Plant And Equipment
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2678000
CY2016 sam Number Of Customers Accounted For More Than Ten Percent Of Accounts Receivable
NumberOfCustomersAccountedForMoreThanTenPercentOfAccountsReceivable
0 Customer
CY2016 sam Deferred Tax Assets Capital Loss Carryforwards Expiration Year
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2019
CY2015Q1 us-gaap Earnings Per Share Diluted
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1.00
CY2016 sam Lease Expiration Year
LeaseExpirationYear
2022
CY2016 sam Weighted Average Number Of Shares Outstanding Basic Including Nonvested Participating Securities
WeightedAverageNumberOfSharesOutstandingBasicIncludingNonvestedParticipatingSecurities
12597000 shares
CY2016 sam Provision For Recovery Of Doubtful Accounts
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-244000
CY2016 sam Net Proceeds From Sale Of Investment Shares
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736000
CY2016 sam Decrease Increase In Accounts Payable For Repurchase Of Common Stock
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CY2016 sam Loss On Sale Of Property Plant Equipment
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616000
CY2016 sam Gain On Sale Of Property Plant Equipment
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951000
CY2015Q4 us-gaap Earnings Per Share Diluted
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1.21
CY2015Q4 us-gaap Earnings Per Share Basic
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1.25
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215133000
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26338000
CY2015Q4 us-gaap Net Income Loss
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16115000
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108767000
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1.04
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199503000
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22138000
CY2015Q1 us-gaap Net Income Loss
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13743000
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99615000
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0.53
CY2016Q1 us-gaap Earnings Per Share Basic
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0.55
CY2016Q1 us-gaap Sales Revenue Goods Net
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188827000
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11237000
CY2016Q1 us-gaap Net Income Loss
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7032000
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91531000
CY2016Q1 us-gaap Proceeds From Income Tax Refunds
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12000000
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2.18
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EarningsPerShareBasic
2.24
CY2015Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
252204000
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
46819000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
29932000
CY2015Q2 us-gaap Gross Profit
GrossProfit
136225000
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.06
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.11
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
244816000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
41788000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
26621000
CY2016Q2 us-gaap Gross Profit
GrossProfit
126876000
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.85
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.93
CY2015Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
293094000
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
60879000
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
38624000
CY2015Q3 us-gaap Gross Profit
GrossProfit
157010000
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.48
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.53
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
253433000
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
50309000
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
31530000
CY2016Q3 us-gaap Gross Profit
GrossProfit
133607000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.75
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.77
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
219370000
us-gaap Operating Income Loss
OperatingIncomeLoss
34325000
us-gaap Net Income Loss
NetIncomeLoss
22166000
us-gaap Gross Profit
GrossProfit
107656000

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