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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Condensed Consolidated Statements of Income        
Sales $ 3,091,595 $ 2,589,874 $ 5,568,082 $ 5,000,482
Cost of goods sold, including warehouse and distribution expenses 1,454,415 1,221,587 2,634,996 2,352,905
Gross profit 1,637,180 1,368,287 2,933,086 2,647,577
Selling, general and administrative expenses 900,690 870,213 1,773,035 1,704,717
Operating income 736,490 498,074 1,160,051 942,860
Other income (expense):        
Interest expense (41,723) (34,538) (81,109) (68,829)
Interest income 635 603 1,310 1,157
Other, net 5,008 832 (182) 3,935
Total other expense (36,080) (33,103) (79,981) (63,737)
Income before income taxes 700,410 464,971 1,080,070 879,123
Provision for income taxes 168,743 111,290 247,965 204,290
Net income $ 531,667 $ 353,681 $ 832,105 $ 674,833 [1]
Earnings per share-basic:        
Earnings per share $ 7.16 $ 4.56 $ 11.15 $ 8.65
Weighted-average common shares outstanding - basic 74,205 77,613 74,611 78,047
Earnings per share-assuming dilution:        
Earnings per share $ 7.10 $ 4.51 $ 11.06 $ 8.56
Weighted-average common shares outstanding - assuming dilution 74,833 78,412 75,246 78,854
[1] Note: Certain prior period amounts have been reclassified to conform to current period presentation.