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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net Sales $ 1,169,109 $ 1,158,711 $ 2,164,715 $ 2,087,160
Cost of sales 569,101 564,189 1,024,656 1,019,267
Gross Profit 600,008 594,522 1,140,059 1,067,893
Advertising and promotion expenses 113,403 112,395 217,943 210,254
Other selling and administrative expenses 391,815 350,694 761,495 697,470
Operating Income 94,790 131,433 160,621 160,169
Interest expense 18,259 21,524 38,596 42,629
Interest (income) (1,289) (1,941) (2,689) (3,686)
Other non-operating (income) expense, net (909) 489 1,820 (303)
Income Before Income Taxes 78,729 111,361 122,894 121,529
Provision for income taxes 5,381 15,143 11,035 17,482
Net Income $ 73,348 $ 96,218 $ 111,859 $ 104,047
Net Income Per Common Share-Basic $ 0.21 $ 0.28 $ 0.32 $ 0.30
Weighted average number of common shares 346,614 341,256 345,453 340,197
Net Income Per Common Share-Diluted $ 0.21 $ 0.28 $ 0.32 $ 0.30
Weighted average number of common and potential common shares 350,424 345,554 349,503 344,614
Dividends Declared Per Common Share $ 0.36 $ 0.31 $ 0.72 $ 0.62