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Quarterly Financial Data
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
Quarterly Financial Data (Unaudited)
The supplemental quarterly financial data are as follows:
 
Quarters Ended
 
March 31,
2012
 
June 30,
2012
 
September 29,
2012
 
December 31,
2012
Net sales
$
1,409,035

 
1,469,793

 
1,473,493

 
1,435,659

Gross profit
359,426

 
388,464

 
372,837

 
369,331

Net earnings
40,377

 
73,188

 
70,304

 
66,389

Basic earnings per share
0.59

 
1.06

 
1.02

 
0.96

Diluted earnings per share
0.58

 
1.06

 
1.01

 
0.96

 
Quarters Ended
 
April 2,
2011
 
July 2,
2011
 
October 1,
2011
 
December 31, 2011 (1)
Net sales
$
1,343,595

 
1,477,854

 
1,442,512

 
1,378,297

Gross profit
341,592

 
382,247

 
357,623

 
335,417

Net earnings
23,442

 
60,903

 
46,646

 
42,931

Basic earnings per share
0.34

 
0.89

 
0.68

 
0.62

Diluted earnings per share
0.34

 
0.88

 
0.68

 
0.62

(1)
During the fourth quarter of 2011, the Company corrected an immaterial error in its consolidated financial statements. The error related to accounting for operating leases. The correction of $6,035 resulted in an additional charge to selling, general and administrative expense in the Company’s 2011 fourth quarter consolidated statement of operations. The Company believes the correction of this error to be both quantitatively and qualitatively immaterial to its quarterly results for 2011 or to any of its previously issued consolidated financial statements. The correction had no impact on the Company’s cash flows as previously presented.