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Consolidated Statements of Income and Comprehensive Income (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013
Income Statement [Abstract] |  |  |  |  |  |  |  |
Net sales | $ 1,518,940 |  | $ 845,440 |  | $ 4,418,653 |  | $ 2,400,877 |
Cost of sales | (1,198,607) |  | (617,841) |  | (3,486,108) |  | (1,792,782) |
Gross profit | 320,333 |  | 227,599 |  | 932,545 |  | 608,095 |
Selling, general, and administrative expenses | (119,645) |  | (77,096) |  | (359,007) |  | (226,606) |
Other expense, net | (12,310) |  | (7,721) |  | (44,004) |  | (22,510) |
Income from operations | 188,378 | [1] | 142,782 |  | 529,534 | [1] | 358,979 |
Interest expense, net | (23,111) | [1],[2] | (11,850) | [3] | (65,311) | [1],[2] | (30,333) | [3]
Income before taxes | 165,267 | [1] | 130,932 |  | 464,223 | [1] | 328,646 |
Income tax provision | (60,822) |  | (46,250) |  | (170,135) |  | (115,418) |
Net income | 104,445 |  | 84,682 |  | 294,088 |  | 213,228 |
Net income per common share: |  |  |  |  |  |  |  |
Basic (in dollars per share) | $ 1.06 |  | $ 0.88 |  | $ 2.99 |  | $ 2.21 |
Diluted (in dollars per share) | $ 1.06 |  | $ 0.87 |  | $ 2.99 |  | $ 2.19 |
Dividends declared per common share | $ 0.40 |  | $ 0.40 |  | $ 1.20 |  | $ 1.11 |
Statements of Comprehensive Income: |  |  |  |  |  |  |  |
Net income | 104,445 |  | 84,682 |  | 294,088 |  | 213,228 |
Foreign currency translation adjustment, net of tax of ($106), $0, ($76), and $0, respectively | (1,564) |  | 0 |  | (1,656) |  | 0 |
Reclassification adjustments to cash flow hedges included in net income, net of tax of $553, $552, $1,668, and $1,658, respectively | 870 |  | 870 |  | 2,599 |  | 2,609 |
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $685, $2,153, $2,157, and $7,574, respectively | 1,080 |  | 3,387 |  | 3,137 |  | 11,921 |
Changes in unfunded employee benefit obligation, net of tax of $0, $3,152, $0, and $8,522, respectively | 0 |  | 4,963 |  | 0 |  | 13,418 |
Other comprehensive income | 386 |  | 9,220 |  | 4,080 |  | 27,948 |
Comprehensive income | $ 104,831 |  | $ 93,902 |  | $ 298,168 |  | $ 241,176 |
[1] | On October 25, 2013, we acquired Boise. The 2014 results include Boise for the full period.
[2] | Includes $1.5 million of expense related to the write-off of deferred financing costs in connection with the debt refinancing discussed in Note 10, Debt.
[3] | Includes $2.7 million of acquisition-related costs primarily related to financing the acquisition of Boise.

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