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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
The following table summarizes the unaudited quarterly results of operations for the years ended December 31, 2014 and 2013.
 
 
2014 Quarters
 
2013 Quarters
 
First
 
Second
 
Third
 
Fourth 
 
First
 
Second
 
Third
 
Fourth
 
(In thousands, except per share amounts)
Net sales
$
543,996

 
$
546,693

 
$
533,179

 
$
523,899

 
$
494,448

 
$
518,445

 
$
490,617

 
$
520,620

Gross profit
244,420

 
241,132

 
234,646

 
229,117

 
211,997

 
222,849

 
211,509

 
227,009

Operating income
113,835

 
112,088

 
110,847

 
94,454

 
94,712

 
99,559

 
97,369

 
103,873

Net income
74,548

 
71,777

 
71,441

 
61,620

 
61,300

 
62,561

 
63,799

 
67,555

Basic EPS
$
0.92

 
$
0.89

 
$
0.89

 
$
0.78

 
$
0.74

 
$
0.76

 
$
0.78

 
$
0.83

Diluted EPS
$
0.91

 
$
0.88

 
$
0.88

 
$
0.77

 
$
0.74

 
$
0.76

 
$
0.78

 
$
0.82

Basic weighted average shares outstanding
80,527

 
80,106

 
79,558

 
78,669

 
82,197

 
81,829

 
81,259

 
80,782

Diluted weighted average shares outstanding
81,575

 
81,149

 
80,561

 
79,632

 
83,152

 
82,734

 
82,218

 
81,854