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v3.20.1

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2020 | Mar. 31, 2019
Condensed Consolidated Statements of Income |  |
Sales | $ 2,476,487 | $ 2,410,608
Cost of goods sold, including warehouse and distribution expenses | 1,180,581 | 1,131,318
Gross profit | 1,295,906 | 1,279,290
Selling, general and administrative expenses | 872,345 | 834,504
Operating income | 423,561 | 444,786
Other income (expense): |  |
Interest expense | (39,386) | (34,291)
Interest income | 675 | 554
Other, net | (5,190) | 3,103
Total other expense | (43,901) | (30,634)
Income before income taxes | 379,660 | 414,152
Provision for income taxes | 79,222 | 93,000
Net income | $ 300,438 | $ 321,152
Earnings per share-basic: |  |
Earnings per share | $ 4.00 | $ 4.09
Weighted-average common shares outstanding - basic | 75,022 | 78,484
Earnings per share-assuming dilution: |  |
Earnings per share | $ 3.97 | $ 4.05
Weighted-average common shares outstanding - assuming dilution | 75,663 | 79,297

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