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CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010
CONSOLIDATED STATEMENTS OF INCOME |  |  |
NET SALES | $ 2,060,702 | $ 1,703,230 | $ 1,303,942
COST OF SALES | 995,046 | 808,921 | 623,702
GROSS PROFIT | 1,065,656 | 894,309 | 680,240
OPERATING EXPENSES | 515,033 | 437,886 | 332,426
OPERATING INCOME | 550,623 | 456,423 | 347,814
OTHER (EXPENSE) INCOME: |  |  |
Interest and other (expense) income, net | (2,256) | 1,619 | 2,246
Gain (loss) on investments and put option, net (Note 2) | 787 | (772) | (758)
Total other (expense) income | (1,469) | 847 | 1,488
INCOME BEFORE PROVISION FOR INCOME TAXES | 549,154 | 457,270 | 349,302
PROVISION FOR INCOME TAXES | 209,134 | 171,051 | 137,273
NET INCOME | $ 340,020 | $ 286,219 | $ 212,029
NET INCOME PER COMMON SHARE: |  |  |
Basic (in dollars per share) | $ 1.96 | $ 1.62 | $ 1.20
Diluted (in dollars per share) | $ 1.86 | $ 1.53 | $ 1.14
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS: |  |  |
Basic (in shares) | 173,712 | 176,212 | 177,028
Diluted (in shares) | 183,083 | 186,674 | 186,042

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