XML 16 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Gross Profit [Abstract]    
Revenues $ 4,932,181 $ 4,041,477
Cost of goods sold 3,883,074 3,230,441
Operating Expenses [Abstract]    
Selling, general and administrative expense 718,098 636,576
Depreciation and amortization 46,980 41,209
Income from operations 284,029 133,251
Nonoperating Income (Expense) 63,620 70,373
Other Nonoperating Income (Expense) 1,124 (2,807)
Income before income taxes 219,285 65,685
Provision for income taxes 37,654 6,531
Net income 181,631 59,154
Net (loss) income attributable to noncontrolling interest 388 (24)
Net income attributable to WESCO International, Inc. 181,243 59,178
Preferred Stock Dividends, Income Statement Impact 14,352 14,352
Net Income (Loss) Available to Common Stockholders, Basic 166,891 44,826
Comprehensive Income:    
Foreign currency translation adjustment 31,640 16,841
Comprehensive income attributable to WESCO International, Inc. $ 198,531 $ 61,667
Basic (in dollars per share) $ 3.30 $ 0.89
Diluted (in dollars per share) $ 3.19 $ 0.87