Quarterly Operating Results (Unaudited)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Operating Results (Unaudited)

Note 25: Quarterly Operating Results (Unaudited)

2014	1st			2nd		3rd		4th			Year
				(In thousands, except days and per share amounts)
Number of days in quarter		89			91		91		94			365
Revenues	$	487,690		$	600,891	$	610,774	$	608,910		$	2,308,265
Gross profit		175,717			204,385		221,732		217,615			819,449
Operating income		49,511			12,326		58,011		43,271			163,119
Income from continuing operations		25,156			15		33,847		15,414			74,432
Income from discontinued operations, net of tax		—			—		—		579			579
Loss from disposal of discontinued operations, net of tax		(562	)		—		—		—			(562	)
Net income		24,594			15		33,847		15,993			74,449
Basic income (loss) per share
Continuing operations	$	0.58		$	—	$	0.78	$	0.36		$	1.72
Discontinued operations		—			—		—		0.01			0.01
Disposal of discontinued operations		(0.01	)		—		—		—			(0.01	)
Net income	$	0.57		$	—	$	0.78	$	0.37		$	1.72
Diluted income (loss) per share
Continuing operations	$	0.57		$	—	$	0.77	$	0.35		$	1.69
Discontinued operations		—			—		—		0.01			0.01
Disposal of discontinued operations		(0.01	)		—		—		—			(0.01	)
Net income	$	0.56		$	—	$	0.77	$	0.36		$	1.69
2013	1st			2nd		3rd		4th			Year
				(In thousands, except days and per share amounts)
Number of days in quarter		90			91		91		93			365
Revenues	$	507,473		$	529,491	$	522,478	$	509,751		$	2,069,193
Gross profit		167,353			179,196		182,841		175,039			704,429
Operating income		44,240			53,913		53,935		49,174			201,262
Income from continuing operations		22,245			29,492		29,068		23,929			104,734
Loss from discontinued operations, net of tax		—			—		—		(1,421	)		(1,421	)
Net income		22,245			29,492		29,068		22,508			103,313
Basic income (loss) per share
Continuing operations	$	0.50		$	0.67	$	0.67	$	0.55		$	2.39
Discontinued operations		—			—		—		(0.03	)		(0.03	)
Net income	$	0.50		$	0.67	$	0.67	$	0.52		$	2.36
Diluted income (loss) per share
Continuing operations	$	0.49		$	0.66	$	0.65	$	0.54		$	2.34
Discontinued operations		—			—		—		(0.03	)		(0.03	)
Net income	$	0.49		$	0.66	$	0.65	$	0.51		$	2.31

Included in the first, second, third, and fourth quarters of 2014 are severance, restructuring, and integration costs of $1.4 million, $38.2 million, $9.2 million, and $22.0 million, respectively. The second quarter of 2014 also includes $7.4 million of purchase accounting effects related to acquisitions, primarily the adjustment of acquired inventory to fair value.

Included in the first, second, third, and fourth quarters of 2013 are severance and other restructuring costs, including accelerated depreciation expense, of $0.8 million, $7.7 million, $5.9 million, and $5.4 million, respectively. The first quarter of 2013 also includes $6.6 million of purchase accounting effects related to acquisitions, primarily the adjustment of acquired inventory to fair value. The fourth quarter of 2013 includes a loss on debt extinguishment of $1.6 million.