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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net sales [1] $ 18,217,512 $ 12,325,995 $ 8,358,917
Cost of goods sold (excluding depreciation and amortization below) 14,425,444 9,998,329 6,777,456
Selling, general and administrative expense 2,791,641 1,859,028 1,173,137
Depreciation and amortization 198,554 121,600 62,107
Income from operations 801,873 347,038 346,217
Interest expense, net 268,073 226,591 65,710
Other, net (48,112) (2,395) (1,554)
Income before income taxes 581,912 122,842 282,061
Provision for income taxes 115,510 22,803 59,863
Net income 466,402 100,039 222,198
Net loss attributable to noncontrolling interest 1,020 (521) (1,228)
Net Income attributable to WESCO International, Inc. 465,382 100,560 223,426
Preferred Stock Dividends, Income Statement Impact 57,408 30,139 0
Net Income (Loss) Available to Common Stockholders, Basic 407,974 70,421 223,426
Comprehensive Income:      
Foreign currency translation adjustment (15,584) 95,577 49,306
Benefit plan adjustments 42,683 9,061 (8,643)
Comprehensive income attributable to WESCO International, Inc. $ 435,073 $ 175,059 $ 264,089
Earnings per share :      
Basic $ 8.11 $ 1.53 $ 5.18
Diluted $ 7.84 $ 1.51 $ 5.14
[1] (2)    Wesco attributes revenues from external customers to individual countries on the basis of point of sale.