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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2015
QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]  
Quarterly Financial Information Disclosure
QUARTERLY FINANCIAL DATA (UNAUDITED)
Quarterly financial data for the years ended December 31, 2015 and 2014 are as follows:
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
2015
 

 
 

 
 

 
 

Net sales
$
535,701

 
$
582,057

 
$
604,154

 
$
673,535

Gross profit
298,805

 
322,912

 
339,529

 
390,747

Net earnings
$
63,051

 
$
77,557

 
$
88,861

 
$
123,351

Basic earnings per common share:
 
 
 
 
 
 
 
Net earnings
$
2.24

 
$
2.79

 
$
3.23

 
$
4.53

Weighted average number of common shares
28,115,220

 
27,843,905

 
27,547,734

 
27,228,026

Diluted earnings per common share:
 
 
 
 
 
 
 
Net earnings
$
2.19

 
$
2.73

 
$
3.16

 
$
4.44

Weighted average number of common and common equivalent shares
28,762,935

 
28,460,336

 
28,113,287

 
27,755,045

Market price per share:
 
 
 
 
 
 
 
High
$
331.84

 
$
343.44

 
$
346.92

 
$
345.75

Low
$
289.09

 
$
317.01

 
$
277.62

 
$
283.27

2014
 

 
 

 
 

 
 

Net sales
$
550,621

 
$
608,834

 
$
629,100

 
$
697,428

Gross profit
292,641

 
328,176

 
343,551

 
394,382

Net earnings
$
58,051

 
$
74,022

 
$
84,996

 
$
121,172

Basic earnings per common share:
 

 

 
 

 
 

Net earnings
$
1.98

 
$
2.55

 
$
2.96

 
$
4.27

Weighted average number of common shares
29,370,232

 
29,074,695

 
28,732,152

 
28,398,579

Diluted earnings per common share:
 

 

 
 

 
 

Net earnings
$
1.93

 
$
2.49

 
$
2.89

 
$
4.17

Weighted average number of common and common equivalent shares
30,088,245

 
29,750,815

 
29,408,614

 
29,045,269

Market price per share:
 

 

 
 

 
 

High
$
255.85

 
$
253.18

 
$
272.84

 
$
305.89

Low
$
231.19

 
$
223.80

 
$
249.99

 
$
233.85