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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
NET SALES $ 471,438 $ 514,831 $ 919,114 $ 952,428
COST OF SALES 380,374 442,426 748,524 822,825
Gross profit 91,064 72,405 170,590 129,603
GENERAL AND ADMINISTRATIVE EXPENSES 18,495 17,852 37,887 35,903
SELLING EXPENSES 7,045 7,184 14,006 13,754
AMORTIZATION OF INTANGIBLES 4,989 5,315 9,978 10,629
IMPAIRMENT OF GOODWILL 1,663 0 1,663 0
Income from operations 58,872 42,054 107,056 69,317
OTHER INCOME (EXPENSE):        
Interest expense (3,937) (4,802) (8,032) (9,975)
Other, net (207) 8,069 (604) 2,687
Income before income taxes 54,728 45,321 98,420 62,029
INCOME TAX EXPENSE 19,197 16,672 35,365 22,907
Net income $ 35,531 $ 28,649 $ 63,055 $ 39,122
BASIC NET INCOME PER SHARE $ 0.55 $ 0.42 $ 0.97 $ 0.57
DILUTED NET INCOME PER SHARE $ 0.53 $ 0.41 $ 0.95 $ 0.55