Question

COCA-COLA BOTTLING CO. CONSOLIDATED CONSOLIDATED STATEMENTS OF OPERATIONS $ (in thousands, except per share data) Net sales Cost of sales Gross profit Selling, delivery and administrative expenses Income from operations Interest expense, net Other income (expense), net Gain (loss) on exchange transactions Gain on sale of business Bargain purchase gain, net of tax of $1,265 Income before taxes Income tax expense (benefit) Net income Less: Net income attributable to noncontrolling interest Net income attributable to Coca-Cola Bottling Co. Consolidated 2017 4,323,668 2.782.721 1,540,947 1,444,768 96,179 41,869 (4,197) 12,893 Fiscal Year 2016 3,156,428 1.940,706 1,215,722 1,087,863 127,859 36,325 1,870 (692) 2015 2,306,458 1,405,426 901,032 802.888 98,144 28,915 (3,576) 8,807 22,651 2,011 99,122 34,078 65,044 6,042 59,002 63,006 (39,841) 102,847 6,312 96,535 92,712 36,049 56,663 6,517 50,146 $

Can someone please help me prepare a vertical analysis for this financial statement.

Answer 1

	2017		2016		2015
Net sales	$   43,23,668	100.00%	$    31,56,428	100.00%	$    23,06,458	100.00%
Cost of sales	$   27,82,721	64.36%	$    19,40,706	61.48%	$    14,05,426	60.93%
Gross profit	$   15,40,947	35.64%	$    12,15,722	38.52%	$      9,01,032	39.07%
Selling, delivery and administrative expenses	$   14,44,768	33.42%	$    10,87,863	34.47%	$      8,02,888	34.81%
Income from operations	$         96,179	2.22%	$       1,27,859	4.05%	$          98,144	4.26%
Interest expense, net	$         41,869	0.97%	$          36,325	1.15%	$          28,915	1.25%
Other income (expense), net	$          -4,197	-0.10%	$             1,870	0.06%	$           -3,576	-0.16%
Gain (loss) on exchange transactions	$         12,893	0.30%	$               -692	-0.02%	$            8,807	0.38%
Gain on sale of business	$                  -	0.00%	$                    -	0.00%	$          22,651	0.98%
Bargain purchase gain, net of tax of $1,265	$                  -	0.00%	$                    -	0.00%	$            2,011	0.09%
Income before taxes	$         63,006	1.46%	$          92,712	2.94%	$          99,122	4.30%
Income tax expense (benefit)	$       -39,841	-0.92%	$          36,049	1.14%	$          34,078	1.48%
Net income	$     1,02,847	2.38%	$          56,663	1.80%	$          65,044	2.82%
Less: Net income attributable to noncontrolling interest	$           6,312	0.15%	$             6,517	0.21%	$            6,042	0.26%
Net income attributable to Coco-Cola Bottling Co. Consolidated	$         96,535	2.23%	$          50,146	1.59%	$          59,002	2.56%