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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Net Sales $ 6,110,299 $ 5,978,861 $ 5,659,141
Cost of merchandise sold (4,955,554) (4,860,314) (4,614,985)
Gross Margin 1,154,745 1,118,547 1,044,156
Selling, general and administrative expenses (965,134) (935,132) (873,415)
Depreciation and amortization (43,242) (39,151) (36,944)
Other income, net 8,199 3,918 2,495
Income from Operations 154,568 148,182 136,292
Interest expense, net (2,227) (1,371) (1,341)
Income before provision for income taxes 152,341 146,811 134,951
Provision for income taxes (61,009) (59,125) (53,677)
Net Income 91,332 87,686 81,274
Net income attributable to noncontrolling interests (264) (258) (211)
Net Income attributable to Graybar Electric Company, Inc. $ 91,068 $ 87,428 $ 81,063
Net Income attributable to Graybar Electric Company, Inc. per share of Common Stock (usd per share) [1] $ 5.57 $ 5.38 $ 4.96
[1] (A)Adjusted for the declaration of a 2.5% stock dividend in December 2015, shares related to which were issued in February 2016. Prior to the adjustment, the average common shares outstanding were 15,848 and 15,936 for the years ended December 31, 2014 and 2013, respectively.