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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Net sales $ 1,431,325 $ 755,207
Cost of sales (1,129,921) (569,961)
Gross profit 301,404 185,246
Selling, general, and administrative expenses (116,514) (75,285)
Other expense, net (23,982) (3,961)
Income from operations 160,908 [1] 106,000
Interest expense, net (20,791) [1] (9,251)
Income before taxes 140,117 [1] 96,749
Income tax provision (50,031) (34,455)
Net income 90,086 62,294
Net income per common share:    
Basic $ 0.92 $ 0.65
Diluted $ 0.92 $ 0.64
Dividends declared per common share $ 0.40 $ 0.31
Statements of Comprehensive Income:    
Net income 90,086 62,294
Foreign currency translation adjustment, net of tax of $40 and $0, respectively (18) 0
Reclassification adjustments to cash flow hedges included in net income, net of tax of $562 and $553, respectively 860 869
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $784 and $1,201, respectively 979 1,889
Other comprehensive income 1,821 2,758
Comprehensive income $ 91,907 $ 65,052
[1] On October 25, 2013, we acquired Boise. Our first quarter 2014 results include Boise for the full period.