XML 92 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statement Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2019
Jul. 31, 2018
Income Statement [Abstract]        
Net sales $ 9,092,244 $ 8,886,101 $ 17,498,668 $ 17,434,420
Cost of products sold 8,530,594 8,359,071 16,427,639 16,384,273
Gross profit 561,650 527,030 1,071,029 1,050,147
Selling, general and administrative expenses 431,694 415,319 837,510 837,680
Acquisition, integration and restructuring expenses 5,209 13,297 11,430 46,522
Legal settlements and other, net 0 (5,234) (282) (8,199)
Gain on disposal of subsidiary 0 (6,717) 0 (6,717)
Operating expenses 436,903 416,665 848,658 869,286
Operating income 124,747 110,365 222,371 180,861
Interest expense 20,986 28,053 47,243 53,975
Other expense, net 2,896 901 2,203 2,818
Income before income taxes 100,865 81,411 172,925 124,068
Provision for income taxes 21,615 5,545 38,275 14,503
Net income $ 79,250 $ 75,866 $ 134,650 $ 109,565
Earnings per share:        
Basic $ 2.17 $ 1.97 $ 3.67 $ 2.86
Diluted $ 2.16 $ 1.97 $ 3.64 $ 2.84
Weighted average common shares outstanding:        
Basic 36,476 38,428 36,739 38,356
Diluted 36,661 38,566 36,964 38,565