XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net revenue $ 2,415,601 $ 2,471,669 $ 7,355,069 $ 7,285,032
Cost of goods sold 2,119,326 2,165,315 6,462,739 6,382,740
Gross margin 296,275 306,354 892,330 902,292
Distribution, selling, and administrative expenses 241,305 246,959 726,944 743,611
Acquisition-related and exit and realignment charges 2,739 6,134 19,974 21,757
Other operating income, net (1,337) (311) (5,179) (5,484)
Operating earnings 53,568 53,572 150,591 142,408
Interest expense, net 6,770 6,744 20,324 20,305
Income before income taxes 46,798 46,828 130,267 122,103
Income tax provision 16,967 18,652 48,585 50,761
Net Income $ 29,831 $ 28,176 $ 81,682 $ 71,342
Net income per common share:        
Basic (in usd per share) $ 0.48 $ 0.45 $ 1.32 $ 1.14
Diluted (in usd per share) 0.48 0.45 1.32 1.14
Cash dividends in USD per common share $ 0.255 $ 0.2525 $ 0.765 $ 0.7575