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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Sales $ 34,477,018 $ 28,673,363 $ 28,916,847
Cost of sales 30,274,653 25,482,233 25,618,466
Gross profit 4,202,365 3,191,130 3,298,381
Operating expenses:      
Selling, general, and administrative expenses 2,435,030 2,087,050 2,191,612
Depreciation and amortization 195,120 189,058 189,790
Loss on disposition of businesses, net (Note 2) 0 0 21,252
Impairments (Notes 2 and 3) 4,482 7,223 698,246
Restructuring and Related Cost, Incurred Cost 10,911 13,288 89,785
Total operating expenses 2,645,543 2,296,619 3,190,685
Operating income 1,556,822 894,511 107,696
Equity in earnings (losses) of affiliated companies 3,508 (531) (2,765)
Gain on investments, net 12,951 5,348 11,831
Employee benefit plan expense, net (5,180) (2,859) (24,849)
Interest and other financing expense, net (131,727) (137,210) (203,743)
Income (loss) before income taxes 1,436,374 759,259 (111,830)
Provision for income taxes 325,906 172,795 88,338
Consolidated net income (loss) 1,110,468 586,464 (200,168)
Noncontrolling interests 2,271 2,026 3,919
Net income (loss) attributable to shareholders $ 1,108,197 $ 584,438 $ (204,087)
Net income (loss) per share:      
Basic $ 15.29 $ 7.49 $ (2.44)
Diluted [1] $ 15.10 $ 7.43 $ (2.44)
Weighted-average shares outstanding:      
Basic 72,472 77,992 83,568
Diluted 73,385 78,635 83,568
Global Components [Member]      
Sales $ 26,357,517 $ 20,502,687 $ 20,250,735
Operating expenses:      
Impairments (Notes 2 and 3) 4,482   698,246
Global ECS [Member]      
Sales $ 8,119,501 $ 8,170,676 $ 8,666,112
[1] Stock-based compensation awards for the issuance of 1,143 shares and 1,614 shares for the years ended December 31, 2020 and 2019, respectively, were excluded from the computation of net income (loss) per share on a diluted basis as their effect was anti-dilutive. As the company reported a net loss attributable to shareholders for 2019, basic and diluted net loss per share attributable to shareholders are the same.