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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales $ 913,958 $ 925,049 $ 1,948,825 $ 1,792,301
Cost of sales 712,062 757,954 1,574,292 1,457,622
Gross profit 201,896 167,095 374,533 334,679
Selling, general and administrative expenses 30,918 28,726 57,930 55,673
Income from operations 170,978 138,369 316,603 279,006
Other income (expense)        
Interest expense (11,571) (12,802) (23,748) (25,722)
Gain from sales of equity securities 15,952   15,952  
Other income, net 1,107 1,632 2,454 2,839
Income before income taxes 176,466 127,199 311,261 256,123
Provision for income taxes 60,965 46,150 107,947 91,530
Net income $ 115,501 $ 81,049 $ 203,314 $ 164,593
Earnings per share:        
Basic $ 1.73 $ 1.22 $ 3.05 $ 2.48
Diluted $ 1.72 $ 1.21 $ 3.03 $ 2.46
Weighted average shares outstanding:        
Basic 66,298,633 65,999,090 66,203,965 65,873,023
Diluted 66,648,896 66,425,065 66,603,706 66,269,823
Dividends per common share $ 0.0738 $ 0.0635 $ 0.1475 $ 0.1270