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Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Income Statement [Abstract] |  |  |
Net sales | $ 3,612,914 | $ 3,763,971 | $ 3,911,790
Cost of goods sold | 3,079,378 | 3,209,845 | 3,311,960
Gross profit | 533,536 | 554,126 | 599,830
Selling, general and administrative expenses | 214,745 | 219,907 | 224,496
Rationalization charges | 19,061 | 14,407 | 14,481
Income from operations | 299,730 | 319,812 | 360,853
Interest and other debt expense before loss on early extinguishment of debt | 67,813 | 66,926 | 74,827
Loss on early extinguishment of debt | 0 | 0 | 1,474
Interest and other debt expense | 67,813 | 66,926 | 76,301
Income before income taxes | 231,917 | 252,886 | 284,552
Provision for income taxes | 78,566 | 80,473 | 102,161
Net income | $ 153,351 | $ 172,413 | $ 182,391
Basic net income per share (in dollars per share) | $ 2.56 | $ 2.83 | $ 2.88
Diluted net income per share (in dollars per share) | 2.55 | 2.81 | 2.86
Dividends per share (in dollars per share) | $ 0.68 | $ 0.64 | $ 0.60

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