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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2012
QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]  
Quarterly Financial Information Disclosure
QUARTERLY FINANCIAL DATA (UNAUDITED)
Quarterly financial data for the years ended December 31, 2012 and 2011 are as follows:
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
2012
 

 
 

 
 

 
 

Net sales
$
535,400

 
$
570,283

 
$
578,553

 
$
657,292

Gross profit
277,102

 
299,008

 
308,157

 
356,788

Net earnings
$
52,327

 
$
61,704

 
$
72,183

 
$
104,633

Basic earnings per common share:
 
 
 
 
 
 
 
Net earnings
$
1.66

 
$
1.97

 
$
2.34

 
$
3.43

Weighted average number of common shares
31,531,915

 
31,267,660

 
30,846,062

 
30,532,491

Diluted earnings per common share:
 
 
 
 
 
 
 
Net earnings
$
1.62

 
$
1.93

 
$
2.28

 
$
3.35

Weighted average number of common and common equivalent shares
32,386,924

 
32,038,928

 
31,599,081

 
31,271,377

Market price per share:
 
 
 
 
 
 
 
High
$
189.67

 
$
185.08

 
$
177.44

 
$
195.00

Low
$
152.19

 
$
150.57

 
$
148.68

 
$
161.80

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