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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Gross Sales $ 1,644,976 $ 1,537,869
Cash discounts (7,324) (7,298)
Net Sales 1,637,652 1,530,571
Cost of merchandise sold (1,326,233) (1,230,742)
Gross Margin 311,419 299,829
Selling, general and administrative expenses (263,361) (252,995)
Depreciation and amortization (12,057) (11,876)
Other income, net 764 608
Income from Operations 36,765 35,566
Non-operating expenses (7,486) (5,847)
Income before Provision for Income Taxes 29,279 29,719
Provision for income taxes (8,115) (11,996)
Net Income 21,164 17,723
Less: Net income attributable to noncontrolling interests (71) (42)
Net Income attributable to Graybar Electric Company, Inc. $ 21,093 $ 17,681
Net Income per share of Common Stock (in dollars per share) $ 1.08 $ 0.91 [1]
Cash Dividends per share of Common Stock (in dollars per share) $ 0.30 $ 0.30
Average Common Shares Outstanding (Shares) 19,545 19,383
[1] (A)Adjusted for the declaration of a 10% stock dividend in 2017, shares related to which were issued in February 2018. Prior to the adjustment, the average common shares outstanding were 17,621 for the three months ended March 31, 2017.