Component: (Network and Table)
Network
00200 - Statement - Consolidated Statements of Operations
(http://www.hormelfoods.com/role/StatementConsolidatedStatementsOfOperations)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000048465 (http://www.sec.gov/CIK)
Consolidated Statements of OperationsPeriod [Axis]
2015-10-26 - 2016-10-30
2014-10-27 - 2015-10-25
2013-10-28 - 2014-10-26
Consolidated Statements of Operations
 
 
 
Net sales
9,523,224,000  
9,263,863,000  
9,316,256,000  
Cost of products sold
7,365,049,000  
7,455,282,000  
7,751,273,000  
GROSS PROFIT
2,158,175,000  
 
1,808,581,000  
 
1,564,983,000  
 
Selling, general and administrative
871,974,000  
743,611,000  
650,948,000  
Goodwill impairment charge
991,000  
21,537,000  
0  
Equity in earnings of affiliates
38,685,000  
23,887,000  
17,585,000  
OPERATING INCOME
1,323,895,000  
 
1,067,320,000  
 
931,620,000  
 
Other income and expense:
 
 
 
Interest and investment income
6,191,000  
2,934,000  
3,236,000  
Interest expense
(12,871,000) 
(13,111,000) 
(12,704,000) 
EARNINGS BEFORE INCOME TAXES
1,317,215,000  
 
1,057,143,000  
 
922,152,000  
 
Provision for income taxes
426,698,000  
369,879,000  
316,126,000  
NET EARNINGS
890,517,000  
 
687,264,000  
 
606,026,000  
 
Less: Net earnings attributable to noncontrolling interest
465,000  
1,176,000  
3,349,000  
NET EARNINGS ATTRIBUTABLE TO HORMEL FOODS CORPORATION
890,052,000  
 
686,088,000  
 
602,677,000  
 
NET EARNINGS PER SHARE:
 
 
 
BASIC (in dollars per share)
1.68  
1.30 1
1.14 1
DILUTED (in dollars per share)
1.64  
1.27 1
1.12 1
WEIGHTED-AVERAGE SHARES OUTSTANDING:
 
 
 
BASIC (in shares)
529,290,000  
528,143,000 1
527,624,000 1
DILUTED (in shares)
542,473,000  
541,002,000 1
540,431,000 1
1: Shares and par values have been restated, as appropriate, to reflect the two-for-one stock split distributed on February 9, 2016.