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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net sales $ 2,545,626 $ 2,311,659 $ 2,289,415
Cost of Goods and Services Sold 1,107,804 1,054,663 1,066,264
Gross Profit 1,437,822 1,256,996 1,223,151
Selling, general and administrative expense 800,267 824,625 834,783
Research and development expense 226,598 202,710 199,196
Impairment losses on goodwill and long-lived assets 0 0 292,513
Income from operations 410,957 229,661 (103,341)
Interest expense 21,861 23,416 23,962
Foreign exchange losses, net 1,771 2,245 2,861
Unrealized Gain on Securities (4,495,825) (2,030,987) (606,230)
Other (income) expense, net (24,488) (26,094) (36,593)
Income before income taxes 4,907,638 2,261,081 512,659
Provision for income taxes (1,101,371) (502,406) (147,045)
Net Income (Loss) Attributable to Parent $ 3,806,267 $ 1,758,675 $ 365,614
Basic earnings per share:      
Earnings Per Share, Basic $ 127.86 $ 58.93 $ 12.25
Weighted average common shares - basic 29,768 29,843 29,836
Diluted earnings per share:      
Earnings Per Share, Diluted $ 126.20 $ 58.27 $ 12.10
Weighted average common shares - diluted 30,160 30,184 30,228