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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
The unaudited quarterly results of operations for the years ended December 31, 2015 and 2014 are as follows:
 
 
2015 Quarters
 
2014 Quarters
 
First
 
Second
 
Third
 
Fourth 
 
First
 
Second
 
Third
 
Fourth
 
(In thousands, except per share amounts)
Net sales
$
502,198

 
$
514,881

 
$
503,791

 
$
499,798

 
$
543,996

 
$
546,693

 
$
533,179

 
$
523,899

Gross profit
226,041

 
231,615

 
223,260

 
223,399

 
244,420

 
241,132

 
234,646

 
229,117

Operating income
101,757

 
109,909

 
121,813

 
98,259

 
113,835

 
112,088

 
110,847

 
94,454

Net income
65,954

 
69,585

 
79,505

 
67,763

 
74,548

 
71,777

 
71,441

 
61,620

Basic EPS
$
0.84

 
$
0.89

 
$
1.03

 
$
0.89

 
$
0.92

 
$
0.89

 
$
0.89

 
$
0.78

Diluted EPS
$
0.84

 
$
0.89

 
$
1.02

 
$
0.88

 
$
0.91

 
$
0.88

 
$
0.88

 
$
0.77

Basic weighted average shares outstanding
77,996

 
77,466

 
76,831

 
76,211

 
80,527

 
80,106

 
79,558

 
78,669

Diluted weighted average shares outstanding
78,856

 
78,297

 
77,646

 
77,091

 
81,575

 
81,149

 
80,561

 
79,632