XML 16 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Net sales $ 1,004,165 $ 821,175 $ 2,807,859 $ 2,770,000
Cost of sales 699,694 648,996 2,002,092 2,223,288
Gross profit 304,471 172,179 805,767 546,712
Selling, general and administrative expenses 37,869 29,662 109,883 87,592
Income from operations 266,602 142,517 695,884 459,120
Other income (expense)        
Interest expense (3,297) (11,934) (14,921) (35,682)
Debt retirement costs 0 (7,082) 0 (7,082)
Gain from sales of equity securities 0 477 0 16,429
Other (expense) income, net (287) 1,222 3,137 3,676
Income before income taxes 263,018 125,200 684,100 436,461
Provision for income taxes 92,728 38,236 244,647 146,183
Net income $ 170,290 $ 86,964 $ 439,453 $ 290,278
Earnings per share:        
Basic $ 2.55 $ 1.30 $ 6.57 $ 4.36
Diluted $ 2.54 $ 1.30 $ 6.54 $ 4.33
Weighted average shares outstanding:        
Basic 66,628,747 66,311,958 66,628,027 66,240,225
Diluted 66,905,554 66,656,760 66,903,379 66,621,520
Dividends per common share $ 0.2250 $ 0.1875 $ 0.6000 $ 0.3350