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Consolidated Statement of Operations Statement (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales $ 299,720 $ 252,060 $ 569,390 $ 472,120
Cost of sales (208,350) (173,750) (403,340) (330,750)
Gross profit 91,370 78,310 166,050 141,370
Selling, general and administrative expenses (48,830) (41,370) (93,540) (79,070)
Gain (loss) on dispositions of property and equipment (40) (420) 20 (730)
Operating profit 42,500 36,520 72,530 61,570
Other income (expense), net:        
Interest expense (11,620) (13,090) (23,640) (27,230)
Debt extinguishment costs (3,970) 0 (3,970) 0
Gain on bargain purchase 0 410 0 410
Other, net (550) (540) (1,710) (1,050)
Other income (expense), net (16,140) (13,220) (29,320) (27,870)
Income from continuing operations before income tax expense 26,360 23,300 43,210 33,700
Income tax expense (9,270) (8,080) (14,370) (12,730)
Income from continuing operations 17,090 15,220 28,840 20,970
Income from discontinued operations, net of income taxes 0 6,210 0 5,890
Net income $ 17,090 $ 21,430 $ 28,840 $ 26,860
Earnings per share—basic:        
Continuing operations $ 0.50 $ 0.45 $ 0.85 $ 0.62
Discontinued operations, net of income taxes $ 0.00 $ 0.18 $ 0.00 $ 0.17
Net income per share $ 0.50 $ 0.63 $ 0.85 $ 0.79
Weighted average common shares—basic 34,215,734 33,794,647 34,064,787 33,681,516
Earnings per share—diluted:        
Continuing operations $ 0.49 $ 0.44 $ 0.83 $ 0.61
Discontinued operations, net of income taxes $ 0.00 $ 0.18 $ 0.00 $ 0.17
Net income per share $ 0.49 $ 0.62 $ 0.83 $ 0.78
Weighted average common shares—diluted 34,769,576 34,437,418 34,667,459 34,318,002