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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Total revenue $ 493,986 $ 488,244 $ 993,051 $ 980,158
Total cost of revenue (202,528) (190,201) (402,151) (378,959)
Gross profit 291,458 298,043 590,900 601,199
Selling, general and administrative expense (222,292) (209,585) (452,469) (420,739)
Restructuring and integration expense (17,497) (6,371) (23,780) (8,693)
Asset impairment charges 0 0 0 (2,149)
Operating income 51,824 82,823 115,597 170,531
Interest expense (9,239) (6,130) (18,540) (11,708)
Other income 2,168 2,436 3,934 3,724
Income before income taxes 44,753 79,129 100,991 162,547
Income tax provision (12,171) (18,922) (27,219) (39,003)
Net income 32,582 60,207 73,772 123,544
Comprehensive income $ 33,744 $ 57,272 $ 76,824 $ 118,838
Basic earnings per share $ 0.75 $ 1.26 $ 1.68 $ 2.58
Diluted earnings per share $ 0.75 $ 1.25 $ 1.68 $ 2.56
Operating expenses [Member]        
Restructuring and integration expense $ (17,342) $ (5,635) $ (22,834) $ (7,780)
Product [Member]        
Total revenue 347,061 359,935 697,580 723,342
Total cost of revenue (133,798) (134,332) (265,061) (267,703)
Service [Member]        
Total revenue 146,925 128,309 295,471 256,816
Total cost of revenue $ (68,730) $ (55,869) $ (137,090) $ (111,256)