Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Detail)

v2.4.0.8
Earnings Per Share (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 28, 2013
Sep. 28, 2013
Jun. 29, 2013
Mar. 30, 2013
Dec. 29, 2012
Sep. 29, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 28, 2013
Dec. 29, 2012
Dec. 31, 2011
Earnings per share - basic:                      
Net income                 $ 1,210,119 $ 1,086,138 $ 890,393
Net (income) loss attributable to noncontrolling interests                   (139) (2,304)
Net income attributable to VF Corporation 367,667 [1] 433,761 [1] 138,274 [1] 270,417 [1] 334,168 [2] 381,318 [2] 155,297 [2],[3] 215,216 [2] 1,210,119 [1] 1,085,999 [2] 888,089
Weighted average common shares outstanding                 438,657 439,292 437,148
Earnings per share attributable to VF Corporation common stockholders $ 0.84 [1] $ 0.99 [1] $ 0.32 [1] $ 0.61 [1] $ 0.76 [2] $ 0.87 [2] $ 0.36 [2] $ 0.49 [2] $ 2.76 [1] $ 2.47 [2] $ 2.03
Earnings per share - diluted:                      
Net income attributable to VF Corporation $ 367,667 [1] $ 433,761 [1] $ 138,274 [1] $ 270,417 [1] $ 334,168 [2] $ 381,318 [2] $ 155,297 [2],[3] $ 215,216 [2] $ 1,210,119 [1] $ 1,085,999 [2] $ 888,089
Weighted average common shares outstanding                 438,657 439,292 437,148
Incremental shares from stock options and other dilutive securities                 8,152 8,324 8,004
Adjusted weighted average common shares outstanding                 446,809 447,616 445,152
Earnings per share attributable to VF Corporation common stockholders $ 0.82 [1] $ 0.97 [1] $ 0.31 [1] $ 0.60 [1] $ 0.75 [2] $ 0.86 [2] $ 0.35 [2] $ 0.48 [2] $ 2.71 [1] $ 2.43 [2] $ 2.00
[1] Transaction and restructuring costs related to the acquisition of Timberland reduced operating results in 2013 as follows: First Quarter Second Quarter Third Quarter Fourth Quarter Full Year In millions, except per share amounts Operating income $ 2.8 $ 4.5 $ 2.8 $ 0.6 $ 10.7 Net income 2.2 3.8 2.2 0.6 8.8 Earnings per share: Basic $ 0.01 $ 0.01 $ - $ - $ 0.02 Diluted $ 0.01 $ 0.01 $ - $ - $ 0.02
[2] Transaction and restructuring costs related to the acquisition of Timberland reduced operating results in 2012 as follows: First Quarter Second Quarter Third Quarter Fourth Quarter Full Year In millions, except per share amounts Operating income $ 4.6 $ 5.0 $ 14.4 $ 6.8 $ 30.8 Net income 3.3 3.1 11.3 10.2 27.9 Earnings per share: Basic $ 0.01 $ 0.01 $ 0.02 $ 0.02 $ 0.06 Diluted $ 0.01 $ 0.01 $ 0.02 $ 0.02 $ 0.06
[3] The second quarter of 2012 includes a gain on the sale of John Varvatos Enterprises, Inc. of $35.8 million, net of related income taxes.