$SON
SONOCO PRODUCTS CO

2016 Q2 Form 10-Q Financial Statement

#000009176716000112 Filed on May 06, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2016 Q1 2015 Q1
Revenue $1.226B $1.206B
YoY Change -1.79% 1.35%
Cost Of Revenue $981.0M $985.7M
YoY Change -2.7% 1.27%
Gross Profit $245.3M $220.4M
YoY Change 2.05% 5.07%
Gross Profit Margin 20.0% 18.27%
Selling, General & Admin $134.2M $96.67M
YoY Change 2.53% -21.89%
% of Gross Profit 54.72% 43.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $53.57M $51.88M
YoY Change 2.83% 9.96%
% of Gross Profit 21.84% 23.54%
Operating Expenses $134.2M $96.67M
YoY Change 2.53% -21.89%
Operating Profit $101.8M $124.1M
YoY Change 2.88% 43.35%
Interest Expense $14.19M $13.78M
YoY Change -0.34% 3.7%
% of Operating Profit 13.93% 11.1%
Other Income/Expense, Net
YoY Change
Pretax Income $88.05M $110.9M
YoY Change 3.12% 49.98%
Income Tax $29.19M $26.22M
% Of Pretax Income 33.16% 23.65%
Net Earnings $59.91M $85.78M
YoY Change -6.94% 70.14%
Net Earnings / Revenue 4.89% 7.11%
Basic Earnings Per Share $0.59 $0.85
Diluted Earnings Per Share $0.59 $0.84
COMMON SHARES
Basic Shares Outstanding 101.6M shares 101.0M shares 101.3M shares
Diluted Shares Outstanding 102.3M shares 102.2M shares

Balance Sheet

Concept 2016 Q2 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $153.1M $200.9M
YoY Change -29.71% 4.64%
Cash & Equivalents $152.3M $200.8M
Short-Term Investments $700.0K $100.0K
Other Short-Term Assets $47.30M $76.50M
YoY Change -50.42% -6.25%
Inventory $402.5M $403.5M
Prepaid Expenses $48.04M $48.58M
Receivables $679.5M $689.0M
Other Receivables $38.10M $39.40M
Total Short-Term Assets $1.320B $1.426B
YoY Change -8.86% 1.49%
LONG-TERM ASSETS
Property, Plant & Equipment $1.122B $1.102B
YoY Change 0.67% 8.43%
Goodwill $1.155B $1.151B
YoY Change -0.51% 5.11%
Intangibles $239.9M $261.4M
YoY Change -9.71% 10.5%
Long-Term Investments
YoY Change
Other Assets $157.8M $173.3M
YoY Change -8.5% 1.66%
Total Long-Term Assets $2.728B $2.729B
YoY Change -1.06% 5.98%
TOTAL ASSETS
Total Short-Term Assets $1.320B $1.426B
Total Long-Term Assets $2.728B $2.729B
Total Assets $4.048B $4.155B
YoY Change -3.74% 4.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $495.2M $506.3M
YoY Change -5.12% 0.05%
Accrued Expenses $281.5M $290.8M
YoY Change -4.28% -11.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $117.1M $51.90M
YoY Change -20.23% 33.42%
Total Short-Term Liabilities $916.3M $864.5M
YoY Change -5.57% -2.88%
LONG-TERM LIABILITIES
Long-Term Debt $1.016B $1.201B
YoY Change -9.67% 26.84%
Other Long-Term Liabilities $39.44M $42.64M
YoY Change -14.04% -9.81%
Total Long-Term Liabilities $39.44M $42.64M
YoY Change -14.04% -9.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $916.3M $864.5M
Total Long-Term Liabilities $39.44M $42.64M
Total Liabilities $955.7M $907.2M
YoY Change -5.95% -3.23%
SHAREHOLDERS EQUITY
Retained Earnings $1.828B $1.770B
YoY Change 3.0% 8.87%
Common Stock $399.3M $405.4M
YoY Change -1.7% -12.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.564B $1.506B
YoY Change
Total Liabilities & Shareholders Equity $4.048B $4.155B
YoY Change -3.74% 4.39%

Cashflow Statement

Concept 2016 Q2 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $59.91M $85.78M
YoY Change -6.94% 70.14%
Depreciation, Depletion And Amortization $53.57M $51.88M
YoY Change 2.83% 9.96%
Cash From Operating Activities $66.39M $60.33M
YoY Change -41.15% 32.7%
INVESTING ACTIVITIES
Capital Expenditures $55.69M $40.95M
YoY Change -221.85% 8.58%
Acquisitions $0.00
YoY Change
Other Investing Activities $2.600M $27.90M
YoY Change -116.88% 1113.04%
Cash From Investing Activities -$53.05M -$13.05M
YoY Change -13.18% -63.12%
FINANCING ACTIVITIES
Cash Dividend Paid $35.40M $32.26M
YoY Change 1.7%
Common Stock Issuance & Retirement, Net $18.37M $6.426M
YoY Change -27.07%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$39.97M -$25.21M
YoY Change 35.04% -27.76%
NET CHANGE
Cash From Operating Activities $66.39M $60.33M
Cash From Investing Activities -$53.05M -$13.05M
Cash From Financing Activities -$39.97M -$25.21M
Net Change In Cash -$26.63M $22.06M
YoY Change -220.51% -188.85%
FREE CASH FLOW
Cash From Operating Activities $66.39M $60.33M
Capital Expenditures $55.69M $40.95M
Free Cash Flow $10.70M $19.38M
YoY Change -93.25% 150.11%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
495200000 USD
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
627962000 USD
CY2016Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
679528000 USD
CY2015Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
25195000 USD
CY2015Q1 son Restructuring Costs Attributable To Noncontrolling Interests Net Of Tax
RestructuringCostsAttributableToNoncontrollingInterestsNetOfTax
-15000 USD
CY2016Q2 son Restructuring Costs Attributable To Noncontrolling Interests Net Of Tax
RestructuringCostsAttributableToNoncontrollingInterestsNetOfTax
-7000 USD
CY2015Q1 son Restructuring Income Tax Expense Benefit
RestructuringIncomeTaxExpenseBenefit
-11591000 USD
CY2016Q2 son Restructuring Income Tax Expense Benefit
RestructuringIncomeTaxExpenseBenefit
-2920000 USD
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
508057000 USD
CY2016Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
24806000 USD
CY2016Q2 dei Amendment Flag
AmendmentFlag
false
CY2016Q2 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016Q2 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2016Q2 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016Q2 dei Document Period End Date
DocumentPeriodEndDate
2016-04-03
CY2016Q2 dei Document Type
DocumentType
10-Q
CY2016Q2 dei Entity Central Index Key
EntityCentralIndexKey
0000091767
CY2016Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
100756169 shares
CY2016Q2 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016Q2 dei Entity Registrant Name
EntityRegistrantName
SONOCO PRODUCTS CO
CY2016Q2 dei Trading Symbol
TradingSymbol
SON
CY2015Q4 son Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedge Effect Before Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgeEffectBeforeTax
-8036000 USD
CY2016Q2 son Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedge Effect Before Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgeEffectBeforeTax
-4754000 USD
CY2016Q2 son Numberof Customers
NumberofCustomers
1 customer
CY2015 son Numberof Facilities Closed
NumberofFacilitiesClosed
6 facility
CY2015Q1 son Restructuring Asset Impairment Charges Net Of Tax
RestructuringAssetImpairmentChargesNetOfTax
-11965000 USD
CY2016Q2 son Restructuring Asset Impairment Charges Net Of Tax
RestructuringAssetImpairmentChargesNetOfTax
6301000 USD
CY2015Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
7135000 USD
CY2016Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
22413000 USD
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
294227000 USD
CY2016Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
281521000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-5152000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-3252000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-608851000 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-666769000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-702533000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-663857000 USD
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
404460000 USD
CY2016Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
392150000 USD
CY2016Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8336000 USD
CY2015Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8150000 USD
CY2016Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
152338000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
39636000 USD
CY2016Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-30096000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.32
CY2016Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.35
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
100944000 shares
CY2016Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
100752000 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
100944000 shares
CY2016Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
100752000 shares
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
7175000 USD
CY2016Q2 us-gaap Common Stock Value
CommonStockValue
7175000 USD
CY2015Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
395883 shares
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1429743 shares
CY2015Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
275000 USD
CY2016Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2015Q4 us-gaap Assets
Assets
4013685000 USD
CY2016Q2 us-gaap Assets
Assets
4048005000 USD
CY2015Q4 us-gaap Assets Current
AssetsCurrent
1307378000 USD
CY2016Q2 us-gaap Assets Current
AssetsCurrent
1320485000 USD
CY2015Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1166000 USD
CY2016Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
326000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
161168000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
200804000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
182434000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28493000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
97178000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
27770000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
98866000 USD
CY2015Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
985662000 USD
CY2016Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
981023000 USD
CY2015Q4 us-gaap Debt Current
DebtCurrent
113097000 USD
CY2016Q2 us-gaap Debt Current
DebtCurrent
117134000 USD
CY2015Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
3405000 USD
CY2016Q2 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
220000 USD
CY2015Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
2884000 USD
CY2016Q2 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
1502000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
52626000 USD
CY2016Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
53098000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
247788000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
188063000 USD
CY2016Q2 us-gaap Effect On Future Earnings Amount
EffectOnFutureEarningsAmount
4250000 USD
CY2015Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.237
CY2016Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.332
CY2016Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
244212000 USD
CY2015Q1 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
3404000 USD
CY2016Q2 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
1120000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
72933000 USD
CY2016Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
78185000 USD
CY2015Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
460000 USD
CY2016Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
469000 USD
CY2015Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
51877000 USD
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
53572000 USD
CY2016Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2016-03-10
CY2016Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2016-02-10
CY2016Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2016-02-24
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.84
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
CY2015Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
17572000 USD
CY2016Q2 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3464000 USD
CY2015Q1 us-gaap Environmental Expense And Liabilities
EnvironmentalExpenseAndLiabilities
-32543000 USD
CY2016Q2 us-gaap Environmental Expense And Liabilities
EnvironmentalExpenseAndLiabilities
0 USD
CY2015Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
450000 USD
CY2016Q2 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1150000 USD
CY2015Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3400000 USD
CY2016Q2 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1161000 USD
CY2015Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3400000 USD
CY2016Q2 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1161000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
198382000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
32000000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
27500000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
29400000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
30400000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
31200000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
433158000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
438279000 USD
CY2015Q4 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
-4612000 USD
CY2016Q2 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
ForeignCurrencyCashFlowHedgeDerivativeAtFairValueNet
-1085000 USD
CY2016Q2 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
-1146000 USD
CY2015Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
8369000 USD
CY2016Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1242000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
1140461000 USD
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
701000 shares
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
245095000 USD
CY2016Q2 us-gaap Goodwill
Goodwill
1154955000 USD
CY2016Q2 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-6171000 USD
CY2015Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
15301000 USD
CY2016Q2 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
28415000 USD
CY2015Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6066000 USD
CY2016Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11218000 USD
CY2015Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4036000 USD
CY2016Q2 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-4427000 USD
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
884000 shares
CY2016Q2 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
14494000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
220390000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
245253000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
110863000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
88045000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
84642000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
58851000 USD
CY2015Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1046000 USD
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1339000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26221000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29194000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
7094000 USD
CY2016Q2 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-17213000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
48936000 USD
CY2016Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
41623000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3171000 USD
CY2016Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-13805000 USD
CY2015Q1 us-gaap Increase Decrease In Outstanding Checks Financing Activities
IncreaseDecreaseInOutstandingChecksFinancingActivities
8752000 USD
CY2016Q2 us-gaap Increase Decrease In Outstanding Checks Financing Activities
IncreaseDecreaseInOutstandingChecksFinancingActivities
9841000 USD
CY2015Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-530000 USD
CY2016Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
239897000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
13775000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
14189000 USD
CY2015Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
139589000 USD
CY2016Q2 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
152750000 USD
CY2015Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
245894000 USD
CY2016Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
249783000 USD
CY2015Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
554000 USD
CY2016Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
402000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4013685000 USD
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4048005000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
922516000 USD
CY2016Q2 us-gaap Liabilities Current
LiabilitiesCurrent
916268000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1015270000 USD
CY2015Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-92000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
276000 USD
CY2016Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
124084000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1205000 USD
CY2016Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1015804000 USD
CY2015Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1081732000 USD
CY2016Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1103943000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
19944000 USD
CY2016Q2 us-gaap Minority Interest
MinorityInterest
21632000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25212000 USD
CY2016Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-39972000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13054000 USD
CY2016Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-53047000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
60330000 USD
CY2016Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
66387000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
85780000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
59914000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
101832000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
156089000 USD
CY2016Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
157752000 USD
CY2015Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-631000 USD
CY2016Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
1412000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-66465000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
31239000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1900000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-1382000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-62986000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
30828000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-57918000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
38676000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6273000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5948000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
3576000 USD
CY2015Q4 us-gaap Other Derivatives Not Designated As Hedging Instruments At Fair Value Net
OtherDerivativesNotDesignatedAsHedgingInstrumentsAtFairValueNet
-2180000 USD
CY2016Q2 us-gaap Other Derivatives Not Designated As Hedging Instruments At Fair Value Net
OtherDerivativesNotDesignatedAsHedgingInstrumentsAtFairValueNet
-802000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
37129000 USD
CY2016Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
39438000 USD
CY2015Q4 us-gaap Other Receivables
OtherReceivables
46801000 USD
CY2016Q2 us-gaap Other Receivables
OtherReceivables
38049000 USD
CY2015Q1 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
2808000 USD
CY2016Q2 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
-46000 USD
CY2015Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7591000 USD
CY2016Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18931000 USD
CY2015Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
32263000 USD
CY2015Q4 us-gaap Price Risk Cash Flow Hedge Derivative At Fair Value Net
PriceRiskCashFlowHedgeDerivativeAtFairValueNet
-3611000 USD
CY2016Q2 us-gaap Price Risk Cash Flow Hedge Derivative At Fair Value Net
PriceRiskCashFlowHedgeDerivativeAtFairValueNet
-3794000 USD
CY2016Q2 us-gaap Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
-3342000 USD
CY2015Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1165000 USD
CY2016Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
559000 USD
CY2015Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
14127000 USD
CY2016Q2 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
13787000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
30708000 USD
CY2016Q2 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2592000 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
85688000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
60190000 USD
CY2016Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
35396000 USD
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
40954000 USD
CY2016Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
55685000 USD
CY2015Q1 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
17017000 USD
CY2016Q2 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
32042000 USD
CY2015Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
13012000 USD
CY2016Q2 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
10657000 USD
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
432964000 USD
CY2016Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
412968000 USD
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
64698000 USD
CY2016Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
48037000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1112036000 USD
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1121818000 USD
CY2016Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-25000 USD
CY2015Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
12802000 USD
CY2016Q2 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
10993000 USD
CY2015Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
-359000 USD
CY2016Q2 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
9228000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1803827000 USD
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1828242000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1206052000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
1226276000 USD
CY2015Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
96665000 USD
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
134193000 USD
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3878000 USD
CY2016Q2 us-gaap Share Based Compensation
ShareBasedCompensation
4840000 USD
CY2016Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
3300000 USD
CY2016Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
5000000 shares
CY2016Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
4646278 shares
CY2016Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
353722 shares
CY2016Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
15318000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1512929000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
1563710000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1532873000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1585342000 USD
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
102167000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
102329000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
101283000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
101628000 shares

Files In Submission

Name View Source Status
0000091767-16-000112-index-headers.html Edgar Link pending
0000091767-16-000112-index.html Edgar Link pending
0000091767-16-000112.txt Edgar Link pending
0000091767-16-000112-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
q1201610-q.htm Edgar Link pending
q12016ex15.htm Edgar Link pending
q12016ex3-2.htm Edgar Link pending
q12016ex31.htm Edgar Link pending
q12016ex32.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
son-20160403.xml Edgar Link completed
son-20160403.xsd Edgar Link pending
son-20160403_cal.xml Edgar Link unprocessable
son-20160403_def.xml Edgar Link unprocessable
son-20160403_lab.xml Edgar Link unprocessable
son-20160403_pre.xml Edgar Link unprocessable