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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 561,249 $ 642,099 $ 1,155,711 $ 1,264,330
Cost of sales 326,449 349,762 648,955 688,159
Gross profit 234,800 292,337 506,756 576,171
Selling, general and administrative expenses 120,365 134,928 252,380 270,980
Restructuring expenses 3,841 2,126 3,841 2,126
Operating income 110,594 155,283 250,535 303,065
Other (income) expense - net 6,460 (378) 8,025 (518)
Interest expense 12,439 11,011 23,316 21,932
Income before income taxes 91,695 144,650 219,194 281,651
Provision for income taxes 20,831 31,441 46,332 58,174
Net income $ 70,864 $ 113,209 $ 172,862 $ 223,477
Basic earnings per common share (in dollars per share) $ 0.94 $ 1.50 $ 2.29 $ 2.96
Diluted earnings per common share (in dollars per share) $ 0.93 $ 1.48 $ 2.27 $ 2.92
Share data:        
Basic weighted average common shares outstanding (in shares) 75,171 75,460 75,459 75,450
Diluted weighted average common shares outstanding (in shares) 75,937 76,387 76,198 76,334