SHAWNEE MISSION, Kan., Aug. 7, 2012 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE MKT symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, (the "Company"), for the three and six months ended June 30, 2012 and July 2, 2011, in thousands of dollars except share and per share amounts.
Three Months Ended | Six Months Ended | ||||
June 30, | July 2, | June 30, | July 2, | ||
2012 | 2011 | 2012 | 2011 | ||
Net sales | $ 1,510,593 | $ 1,398,587 | $ 2,981,706 | $ 2,866,766 | |
Net earnings attributable to Seaboard | $ 50,097 | $ 113,486 | $ 132,306 | $ 230,350 | |
Net earnings per common share | $ 41.58 | $ 93.34 | $ 109.63 | $ 189.45 | |
Average number of shares outstanding | 1,204,837 | 1,215,879 | 1,206,871 | 1,215,879 | |
Notes to Report of Earnings:
Included in net earnings attributable to Seaboard for the three and six months ended July 2, 2011 is a gain on sale of power generating facilities in the amount of $51,423,000, or $42.29 share. There was no tax expense on this transaction.
Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard has provided access to the Quarterly Report on Form 10-Q on its website at http://www.seaboardcorp.com/investor-sec.aspx.
SOURCE Seaboard Corporation
