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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2011
QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]  
Quarterly Financial Information Disclosure
QUARTERLY FINANCIAL DATA (UNAUDITED)
Quarterly financial data for the years ended December 31, 2011 and 2010 are as follows:
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
2011
 

 
 

 
 

 
 

Net sales
$
498,766

 
$
561,088

 
$
601,114

 
$
648,360

Gross profit
261,507

 
296,191

 
314,417

 
346,159

Net earnings
$
46,827

 
$
60,188

 
$
68,196

 
$
94,282

Basic earnings per common share:
 
 
 
 
 
 
 
Net earnings
$
1.45

 
$
1.88

 
$
2.15

 
$
2.99

Weighted average number of common shares
32,290,595

 
31,997,850

 
31,760,270

 
31,542,400

Diluted earnings per common share:
 
 
 
 
 
 
 
Net earnings
$
1.41

 
$
1.82

 
$
2.09

 
$
2.91

Weighted average number of common and common equivalent shares
33,291,632

 
33,013,887

 
32,664,482

 
32,387,459

Market price per share:
 
 
 
 
 
 
 
High
$
177.07

 
$
191.95

 
$
175.28

 
$
167.13

Low
$
147.23

 
$
157.13

 
$
131.91

 
$
130.12

2010
 

 
 

 
 

 
 

Net sales
$
416,651

 
$
468,549

 
$
490,213

 
$
592,765

Gross profit
217,926

 
246,625

 
256,055

 
316,590

Net earnings
$
37,868

 
$
51,347

 
$
62,081

 
$
80,852

Basic earnings per common share:
 

 
 
 
 

 
 

Net earnings
$
1.12

 
$
1.53

 
$
1.87

 
$
2.48

Weighted average number of common shares
33,757,175

 
33,536,105

 
33,171,017

 
32,657,555

Diluted earnings per common share:
 

 
 
 
 

 
 

Net earnings
$
1.10

 
$
1.49

 
$
1.82

 
$
2.41

Weighted average number of common and common equivalent shares
34,533,067

 
34,395,487

 
34,027,191

 
33,604,641

Market price per share:
 

 
 
 
 

 
 

High
$
110.31

 
$
126.70

 
$
124.44

 
$
157.55

Low
$
94.10

 
$
107.42

 
$
108.42

 
$
123.28