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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
NET SALES $ 787,954 $ 756,619 $ 2,295,628 $ 2,077,131
COST OF SALES 284,979 291,143 851,741 848,191
GROSS PROFIT 502,975 465,476 1,443,887 1,228,940
OPERATING EXPENSES 212,600 174,038 610,277 725,205
GAIN ON SALE OF MONSTER NON-ENERGY       161,470
OPERATING INCOME 290,375 291,438 833,610 665,205
INTEREST and OTHER EXPENSE, net (1,037) (3,362) (651) (3,144)
INCOME BEFORE PROVISION FOR INCOME TAXES 289,338 288,076 832,959 662,061
PROVISION FOR INCOME TAXES 97,695 113,502 293,221 254,070
NET INCOME $ 191,643 $ 174,574 $ 539,738 $ 407,991
NET INCOME PER COMMON SHARE:        
Basic (in dollars per share) $ 1.01 $ 0.85 $ 2.72 $ 2.22
Diluted (in dollars per share) $ 0.99 $ 0.84 $ 2.67 $ 2.17
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS:        
Basic (in shares) 190,379 205,051 198,073 184,098
Diluted (in shares) 194,431 208,094 202,093 188,131