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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales $ 1,274,589 $ 1,149,778 $ 1,027,447
Cost of sales 685,501 634,095 608,616
Gross profit 589,088 515,683 418,831
Selling, general and administrative expense 285,849 262,761 226,716
Provision for legal settlement 0 32,000 32,000
Operating income 303,239 220,922 160,115
Interest expense 11,141 14,619 15,091
Interest income (1,440) (505) (294)
Other non-operating expense, net 213 0 0
Income before income taxes 293,325 206,808 145,318
Provision for income taxes 99,796 76,567 55,930
Total income before income taxes $ 193,529 $ 130,241 $ 89,388
Basic net income per share (in dollars per share) $ 0.99 $ 0.66 $ 0.46
Diluted net income per share (in dollars per share) $ 0.97 $ 0.65 $ 0.45
Basic weighted average shares (in shares) 196,256,128 196,363,084 195,933,800
Diluted weighted average shares (in shares) 198,918,417 199,348,746 198,047,453