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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
NET SALES $ 1,093,896 $ 1,104,045 $ 2,155,993 $ 2,050,037
COST OF SALES 434,427 442,762 859,329 815,221
GROSS PROFIT 659,469 661,283 1,296,664 1,234,816
OPERATING EXPENSES 252,205 282,293 524,412 544,364
OPERATING INCOME 407,264 378,990 772,252 690,452
INTEREST and OTHER (EXPENSE) INCOME, NET (1,796) 2,973 (923) 5,714
INCOME BEFORE PROVISION FOR INCOME TAXES 405,468 381,963 771,329 696,166
PROVISION FOR INCOME TAXES 94,099 89,490 181,125 142,208
NET INCOME $ 311,369 $ 292,473 $ 590,204 $ 553,958
NET INCOME PER COMMON SHARE:        
Basic $ 0.59 $ 0.54 $ 1.11 $ 1.02
Diluted $ 0.59 $ 0.53 $ 1.10 $ 1.01
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS:        
Basic 526,911 544,156 531,486 543,466
Diluted 531,191 548,218 535,897 548,299