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FLOWERS FOODS   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Sales5,103.495,090.834,805.824,330.774,387.994,123.973,951.853,920.733,926.893,778.51
Total Revenues5,103.495,090.834,805.824,330.774,387.994,123.973,951.853,920.733,926.893,778.51
Materials, supplies, labor and other production costs2,577.222,632.142,502.002,175.252,196.142,155.712,066.832,009.062,026.371,963.15
Gross Profit--2,458.692,303.83--2,191.851,968.271,885.021,911.671,900.521,815.35
Depreciation and amortization159.21151.71141.96136.56141.38144.23144.12146.72140.87132.18
Selling, marketing and administrative expenses2,001.052,119.721,850.591,719.801,693.391,575.121,507.261,503.871,464.241,381.53
Pension plan settlement loss--------------4.656.65--
Multi-employer pension plan withdrawal costs----0.003.30----2.3218.27----
Restructuring charge7.407.10----------------
Restructuring and related impairment charges----0.00--35.4823.529.77104.13----
Gain on Acquisition--------------------
Gain on divestiture--------------(28.88)----
Gain on sale of assets--------------------
Gain on insurance recovery--------------------
Asset impairment------------(6.00)--(24.88)(3.77)
Unusual (charges) credits--------------------
Loss on inferior ingredients----(0.24)(0.94)(0.11)0.04(3.21)------
Plant closure costs and impairment of assets(10.31)(7.30)(7.83)--------------
Operating Income (Loss)348.29172.87303.22294.92321.49225.43212.34162.91263.89297.88
Interest expense37.1336.6128.9231.5338.7938.8535.6936.5634.9126.82
Interest income17.5120.5823.6423.5326.7027.7527.7622.9420.5521.97
Gain on early extinguishment of debt----0.00(16.15)------------
Other pension cost (benefit)--0.270.770.410.07(2.25)0.53------
Pension plan settlement loss0.27----(0.40)(108.76)--(7.78)------
Income from continuing operations before income taxes, minority interest and cumulative effect of a change in accounting328.94157.11298.71270.77200.71212.08197.16149.29249.54293.03
Income tax expense (benefit)80.8333.6970.3264.5948.3947.5540.00(0.83)85.76103.84
Deferred taxes: State--------(5.04)1.27(0.11)(1.92)(2.80)2.06
Current taxes: Federal--------64.1123.4011.6453.0886.2475.13
Current taxes: State--------15.435.546.707.4013.9810.42
Deferred Taxes: Federal--------(26.11)17.3421.76(59.39)(11.66)16.24
Minority interest in variable interest entity--------------------
Income from continuing operations before cumulative effect of a change in accounting principle--------------------
Income (loss) from discontinued operations, net of income tax--------------------
Income Before Extraordinary Income & Accounting Change--------------------
Net gain on early extinguishment of debt, net of tax--------------------
Cumulative effect of a change in accounting principle, net of income tax--------------------
Consolidated Net Income (Loss)--123.42----------------
Less- Net income attributable to noncontrolling interest--------------------
Net Income (Loss) Available to Common Shareholders248.12123.42228.39206.19152.32164.54157.16150.12163.78189.19
Basic: Income from continuing operations before cumulative effect of a change in accounting principle--------------------
Basic: Income (loss) from discontinued operations, net of income tax--------------------
Basic: Cumulative effect of a change in accounting principle, net of income tax benefit--------------------
Basic: Extraordinary net gain on early extinguishment of debt, net of taxes--------------------
Basic: Net income per share1.180.581.080.970.720.780.740.720.790.90
Diluted: Income from continuing operations before cumulative effect of a change in accounting principles--------------------
Diluted: Income (loss) from discontinued operations, net of income tax--------------------
Diluted: Cumulative effect of a change in accounting principle, net of income tax benefit--------------------
Diluted: Extraordinary net gain on early extinguishment of debt, net of taxes--------------------
Diluted: Net income per share1.170.581.070.970.720.780.740.710.780.89
Basic: Weighted average shares outstanding211.02211.63211.90211.84211.78211.61211.02209.57208.51210.79
Diluted: Weighted average shares outstanding212.14213.36213.23213.03212.35211.97211.63210.44210.35213.36