XML 21 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Gross Profit [Abstract]        
Revenues $ 2,086,706 $ 2,150,088 $ 4,055,353 $ 4,111,355
Cost of goods sold 1,692,931 1,741,114 3,285,179 3,319,886
Operating Expenses [Abstract]        
Selling, general and administrative expense 359,750 295,842 659,143 592,370
Depreciation and amortization 18,755 15,182 34,848 30,424
Income from operations 15,270 97,950 76,183 168,675
Nonoperating Income (Expense) 60,583 17,307 77,055 34,427
Income before income taxes (45,313) 80,643 (872) 134,248
Provision for income taxes (10,854) 17,428 (587) 29,084
Net income (34,459) 63,215 (285) 105,164
Net (loss) income attributable to noncontrolling interest 47 (249) (185) (668)
Net income attributable to WESCO International, Inc. (34,506) 63,464 (100) 105,832
Comprehensive Income:        
Foreign currency translation adjustment 42,734 20,244 (51,117) 42,763
Comprehensive income attributable to WESCO International, Inc. $ 6,952 $ 83,708 $ (52,493) $ 148,595
Earnings per share attributable to WESCO International, Inc.        
Basic (in dollars per share) $ (0.84) $ 1.46 $ (0.03) $ 2.39
Diluted (in dollars per share) $ (0.84) $ 1.45 $ (0.03) $ 2.37
Preferred Stock Dividends, Income Statement Impact $ 1,276 $ 0 $ 1,276 $ 0
Net Income (Loss) Available to Common Stockholders, Basic (35,782) 63,464 (1,376) 105,832
Shipping and Handling [Member]        
Gross Profit [Abstract]        
Cost of goods sold $ 20,900 $ 18,200 $ 38,900 $ 35,200