v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Statement [Abstract]      
Revenue $ 4,122,930 $ 3,269,862 $ 2,469,881
Cost of goods sold 2,398,790 1,877,869 1,376,401
Gross margin 1,724,140 1,391,993 1,093,480
Facility and warehouse expenses 347,917 293,423 233,993
Distribution expenses 375,835 287,626 212,718
Selling, general and administrative expenses 495,591 391,942 310,228
Restructuring and acquisition related expenses 2,751 7,590 668
Depreciation and amortization 64,093 49,929 37,996
Operating income 437,953 361,483 297,877
Other expense (income):      
Interest expense, net (31,215) (22,447) (28,316)
Interest expense 31,429 24,307 29,765
Loss on debt extinguishment 0 5,345 0
Change in fair value of contingent consideration liabilities 1,643 (1,408) 0
Interest and other income, net (4,286) (2,532) (2,013)
Total other expense, net 28,786 25,712 27,752
Income from continuing operations before provision for income taxes 409,167 335,771 270,125
Provision for income taxes 147,942 125,507 103,007
Income from continuing operations 261,225 210,264 167,118
Discontinued operations:      
Income from discontinued operations, net of taxes 0 0 224
Gain on sale of discontinued operations, net of taxes 0 0 1,729
Income from discontinued operations 0 0 1,953
Net income $ 261,225 $ 210,264 $ 169,071
Basic earnings per share:      
Income from continuing operations $ 0.88 [1] $ 0.72 [1] $ 0.58 [1]
Income from discontinued operations $ 0.00 [1] $ 0.00 [1] $ 0.01 [1]
Total $ 0.88 [1] $ 0.72 [1] $ 0.59 [1]
Diluted earnings per share:      
Income from continuing operations $ 0.87 [1] $ 0.71 [1] $ 0.57 [1]
Income from discontinued operations $ 0.00 [1] $ 0.00 [1] $ 0.01 [1]
Total $ 0.87 [1] $ 0.71 [1] $ 0.58 [1]
[1] The sum of the individual earnings per share amounts may not equal the total due to rounding.