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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 28, 2019
Sep. 29, 2018
Income Statement [Abstract]        
Sales [1] $ 7,078,118 $ 7,490,445 $ 21,578,657 $ 21,758,586
Cost of sales 6,279,277 6,566,667 19,103,219 19,033,044
Gross profit 798,841 923,778 2,475,438 2,725,542
Operating expenses:        
Selling, general, and administrative expenses 522,446 575,751 1,677,734 1,719,108
Depreciation and amortization 45,231 45,532 139,739 139,201
Loss on disposition of businesses, net (Note D) 14,573 2,042 15,439 3,604
Impairments (Notes D and E) 253 0 698,246 0
Restructuring, integration, and other charges 43,120 10,143 74,692 50,497
Total operating expenses 625,623 633,468 2,605,850 1,912,410
Operating income (loss) 173,218 290,310 (130,412) 813,132
Equity in losses of affiliated companies (1,070) (652) (2,155) (808)
Gain (loss) on investments, net 1,126 1,070 7,864 (3,945)
Employee benefit plan expense (1,071) (1,296) (3,349) (3,784)
Interest and other financing expense, net (49,882) (54,205) (153,426) (160,187)
Income (loss) before income taxes 122,321 235,227 (281,478) 644,408
Provision for income taxes 29,340 57,054 30,878 155,325
Consolidated net income (loss) 92,981 178,173 (312,356) 489,083
Noncontrolling interests 850 1,640 3,744 3,541
Net income (loss) attributable to shareholders $ 92,131 $ 176,533 $ (316,100) $ 485,542
Net income (loss) per share:        
Basic $ 1.11 $ 2.02 $ (3.75) $ 5.53
Diluted [2] $ 1.10 $ 1.99 $ (3.75) $ 5.47
Weighted-average shares outstanding:        
Basic 82,711 87,602 84,246 87,785
Diluted 83,397 88,608 84,246 88,759
[1]
Includes sales related to the United States of $2,875,687 and $8,560,115 for the third quarter and first nine months of 2019 and $3,181,227 and $8,799,364 for the third quarter and first nine months of 2018, respectively.

[2]
As the company reported a net loss attributable to shareholders for the first nine months of 2019, basic and diluted net loss per share attributable to shareholders are the same and stock-based compensation awards for the issuance of 1,886 shares were excluded from the computation of net income per share on a diluted basis as their effect was anti-dilutive. Stock-based compensation awards for the issuance of 1,086 shares for the third quarter of 2019, and 582 and 540 shares for the third quarter and first nine months of 2018, respectively, were excluded from the computation of net income per share on a diluted basis as their effect was anti-dilutive.