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Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales $ 804,890 $ 701,730 $ 1,573,765 $ 1,342,313
Cost of sales 389,739 335,497 764,437 642,700
Gross profit 415,151 366,233 809,328 699,613
Operating and administrative expenses 236,538 215,868 469,508 420,560
(Gain) loss on sale of property and equipment (282) 259 (108) 284
Operating income 178,895 150,106 339,928 278,769
Interest income 144 76 240 224
Earnings before income taxes 179,039 150,182 340,168 278,993
Income tax expense 66,733 56,070 127,668 105,334
Net earnings $ 112,306 $ 94,112 $ 212,500 $ 173,659
Basic net earnings per share $ 0.38 $ 0.32 $ 0.72 $ 0.59
Diluted net earnings per share $ 0.38 $ 0.32 $ 0.72 $ 0.59
Basic weighted average shares outstanding 296,110,167 294,973,572 295,826,501 294,917,946
Diluted weighted average shares outstanding 297,129,898 295,915,616 297,021,238 295,689,663