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v3.25.3

Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The table below presents segment revenue, operating expenses and operating income and reconciles segment operating income to consolidated income before taxes and equity in earnings (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Net sales |  | $ | 1,451,131 |  |  | $ | 1,432,879 |  |  | $ | 4,307,187 |  |  | $ | 4,323,474 |
Cost of sales |  |  | 1,021,948 |  |  |  | 1,016,476 |  |  |  | 3,030,474 |  |  |  | 3,038,370 |
Gross profit |  |  | 429,183 |  |  |  | 416,403 |  |  |  | 1,276,713 |  |  |  | 1,285,104 |
Compensation expenses |  |  | 127,737 |  |  |  | 119,855 |  |  |  | 383,921 |  |  |  | 370,019 |
Freight out expenses |  |  | 24,801 |  |  |  | 27,109 |  |  |  | 70,573 |  |  |  | 73,334 |
Other selling and administrative expenses |  |  | 98,658 |  |  |  | 93,086 |  |  |  | 294,024 |  |  |  | 285,197 |
Operating income |  |  | 177,987 |  |  |  | 176,353 |  |  |  | 528,195 |  |  |  | 556,554 |
Reconciliation: |  |  |  |  |  |  |  |  |  |  |  |
Interest and other non-operating expenses, net |  |  | 12,004 |  |  |  | 12,355 |  |  |  | 35,387 |  |  |  | 39,818 |
Income before income taxes and equity in earnings |  | $ | 165,983 |  |  | $ | 163,998 |  |  | $ | 492,808 |  |  | $ | 516,736 |
The tables below present supplemental information for our segment (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Depreciation |  | $ | 10,634 |  |  | $ | 9,257 |  |  | $ | 30,438 |  |  | $ | 26,848 |
Amortization |  |  | 2,286 |  |  |  | 2,313 |  |  |  | 6,598 |  |  |  | 6,514 |
|  | September 30, |
|  | 2025 |  |  | 2024 |
Receivables, net |  | $ | 138,072 |  |  | $ | 119,538 |
Receivables pledged under receivables facility |  |  | 305,537 |  |  |  | 306,155 |
Product inventories, net |  |  | 1,223,809 |  |  |  | 1,180,491 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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