XML 21 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 2,103,994 $ 1,909,624 $ 4,097,909 $ 3,682,215
Cost of goods sold 1,704,100 1,543,510 3,318,066 2,966,083
Selling, general and administrative expense 292,888 267,735 583,717 535,153
Depreciation and amortization 15,823 15,721 31,703 31,686
Income from operations 91,183 82,658 164,423 149,293
Nonoperating Income (Expense) 17,741 16,369 37,524 32,636
Income before income taxes 73,442 66,289 126,899 116,657
Provision for income taxes 15,769 16,754 26,255 29,323
Net income 57,673 49,535 100,644 87,334
Net (loss) income attributable to noncontrolling interest (267) 25 (1,717) 96
Net income attributable to WESCO International, Inc. 57,940 49,510 102,361 87,238
Comprehensive Income:        
Foreign currency translation adjustment (28,715) 33,381 (57,515) 44,949
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax 0 0 0 252
Comprehensive income attributable to WESCO International, Inc. $ 29,225 $ 82,891 $ 44,846 $ 132,439
Earnings per share attributable to WESCO International, Inc.        
Basic (in dollars per share) $ 1.23 $ 1.03 $ 2.18 $ 1.80
Diluted (in dollars per share) $ 1.22 $ 1.02 $ 2.15 $ 1.78
Shipping and Handling [Member]        
Cost of goods sold $ 18,600 $ 14,400 $ 36,800 $ 27,800