For the fourth quarter, Fresh Dairy Direct fluid milk volumes declined 1.5 percent. Excluding the estimated impact of the September 2011 divestiture of the Waukesha facility, Fresh Dairy Direct fluid milk volumes were flat with the fourth quarter of 2010. This compares to the balance of the industry that experienced a volume decline of approximately 2.4 percent on a year-over-year basis, based on USDA data and company estimates.
Fourth quarter Fresh Dairy Direct operating income was $99 million, an 11 percent increase from the $90 million in the fourth quarter of 2010.
For the fourth quarter of 2011, the WhiteWave-Alpro segment reported net sales of $559 million, 6 percent higher than fourth quarter 2010 net sales of $527 million, due to solid growth in creamers and plant-based beverages. Among the product categories at WhiteWave-Alpro, sales in the branded creamers business, which includes both International Delight® and Land O'Lakes® creamers, increased in the high-single digits on continued strength behind International Delight innovation. Silk® sales increased mid-single digits on continued strength of Silk PureAlmond®. Affected by supply constraints for organic raw milk, Horizon Organic® branded milk net sales were flat with the year ago period. Alpro net sales increased mid-single digits in the quarter both on a constant currency basis and after currency translation.
In the fourth quarter, WhiteWave-Alpro operating income totaled $58 million, a 21 percent increase from the fourth quarter of 2010. Excluding the non-controlling interest in the Hero/WhiteWave joint venture, WhiteWave-Alpro fourth quarter 2011 adjusted operating income was $59 million, an increase of 17 percent from $50 million in the fourth quarter of 2010.
Fourth quarter 2011 volumes were flat from year ago results. Excluding the estimated impact of the April 2011 divestiture of its private label yogurt business, fourth quarter volumes increased 12 percent over prior year.
A mix shift within the portfolio drove Morningstar fourth quarter net sales growth of 7 percent over the prior year quarter.
Morningstar operating income declined 6 percent in the fourth quarter, due principally to the yogurt divestiture in the second quarter of 2011.
The company reported a loss of $8.59 per share for the full year 2011, as compared to earnings of $0.50 per diluted share for the full year 2010. The loss for the year was driven by a goodwill impairment charge related to Fresh Dairy Direct of $1.6 billion, net of tax, in the second half of 2011. On an adjusted basis, the company earned $0.77 per diluted share for the full year 2011, compared to $0.80 for the full year 2010. For the full year 2011, consolidated operating loss totaled $1.8 billion, in comparison to consolidated operating income of $400 million in 2010. On an adjusted basis, full year 2011 consolidated operating income totaled $464 million, compared to $472 million for the full year 2010.
Net loss attributable to Dean Foods totaled $1.6 billion for the full year 2011, compared with net income of $91 million in the previous year. On an adjusted basis, net income for the full year 2011 totaled $141 million, compared to $147 million in 2010. Net sales for the year ended December 31, 2011 totaled $13.1 billion, compared to $12.1 billion for the same period last year.
Full year fluid milk volumes at Fresh Dairy Direct declined 1.4 percent in 2011. Total product volumes for the segment declined 2.5%, excluding the estimated impact of the Waukesha, Wisconsin fluid milk and Mountain High yogurt divestitures. The lower volumes were offset by the pass-through of higher overall commodity costs driving an overall increase in Fresh Dairy Direct net sales of 7 percent to $9.6 billion for 2011 from $9.0 billion in 2010. The Class I Mover, which is an indicator of the company's raw milk costs, averaged $19.13 per hundred-weight for the year, 25 percent above the 2010 average price of $15.35. Full year Fresh Dairy Direct operating income was $349 million, a 15 percent decline from the $413 million recorded in the previous year.
For the full year 2011, WhiteWave-Alpro net sales were $2.1 billion, a 9 percent increase over $1.9 billion in net sales for the full year 2010. For the full year 2011, WhiteWave-Alpro adjusted operating income increased 18 percent to $206 million from 2010 full year operating income of $175 million.