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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 2,351,646 $ 2,494,573 $ 2,483,666
Cost of sales 1,324,222 1,369,539 1,365,771
Gross profit 1,027,424 1,125,034 1,117,895
Selling, general and administrative expenses 494,935 524,987 536,724
Restructuring expenses and asset impairments 11,776 21,044 12,083
Operating income 520,713 579,003 569,088
Other (income) expense - net 5,627 1,759 (3,985)
Interest expense 44,746 44,341 44,134
Income before income taxes 470,340 532,903 528,939
Provision for income taxes 92,562 107,382 118,366
Net income $ 377,778 $ 425,521 $ 410,573
Earnings per common share:      
Basic earnings per common share (in dollar per share) $ 4.98 $ 5.62 $ 5.36
Diluted earnings per common share (in dollar per share) $ 4.94 $ 5.56 $ 5.29
Share data:      
Basic weighted average common shares outstanding (in shares) 75,741 75,594 76,412
Diluted weighted average common shares outstanding (in shares) 76,400 76,454 77,563