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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
NET SALES $ 1,133,577 $ 1,016,160 $ 3,183,613 $ 2,882,953
COST OF SALES 460,575 408,501 1,275,796 1,139,780
GROSS PROFIT 673,002 607,659 1,907,817 1,743,173
OPERATING EXPENSES 277,559 268,086 821,923 766,065
OPERATING INCOME 395,443 339,573 1,085,894 977,108
INTEREST and OTHER INCOME, net 3,121 2,988 8,835 5,269
INCOME BEFORE PROVISION FOR INCOME TAXES 398,564 342,561 1,094,729 982,377
PROVISION FOR INCOME TAXES 99,641 74,828 241,848 228,480
NET INCOME $ 298,923 $ 267,733 $ 852,881 $ 753,897
NET INCOME PER COMMON SHARE:        
Basic (in dollars per share) $ 0.55 $ 0.48 $ 1.57 $ 1.35
Diluted (in dollars per share) $ 0.55 $ 0.48 $ 1.56 $ 1.33
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS :        
Basic (in shares) 544,469 552,694 543,804 559,472
Diluted (in shares) 548,422 559,955 548,387 566,791