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Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net sales:        
Total net sales $ 2,743,377 $ 2,229,501 $ 5,394,227 $ 4,422,569
Costs of goods sold:        
Total costs of goods sold 2,305,488 1,862,818 4,577,477 3,724,412
Gross profit 437,889 366,683 816,750 698,157
Operating expenses:        
Selling and administrative expenses 306,001 277,087 603,641 548,277
Severance and restructuring expenses, net 692 1,127 2,064 (5,613)
Acquisition and integration related expenses 1,640 0 1,640 0
Earnings from operations 129,556 88,469 209,405 155,493
Non-operating (income) expense:        
Interest expense, net 9,383 9,583 17,451 19,552
Other expense (income), net 312 346 (2,531) 734
Earnings before income taxes 119,861 78,540 194,485 135,207
Income tax expense 30,677 19,979 48,670 33,478
Net earnings $ 89,184 $ 58,561 $ 145,815 $ 101,729
Net earnings per share:        
Basic (in usd per share) $ 2.54 $ 1.67 $ 4.16 $ 2.89
Diluted (in usd per share) $ 2.42 $ 1.58 $ 3.95 $ 2.76
Shares used in per share calculations:        
Basic (in shares) 35,083 35,097 35,028 35,148
Diluted (in shares) 36,821 37,135 36,901 36,917
Products        
Net sales:        
Total net sales $ 2,349,242 $ 1,889,178 $ 4,659,529 $ 3,782,198
Costs of goods sold:        
Total costs of goods sold 2,135,895 1,715,729 4,243,104 3,436,987
Gross profit 213,347 173,449 416,425 345,211
Services        
Net sales:        
Total net sales 394,135 340,323 734,698 640,371
Costs of goods sold:        
Total costs of goods sold 169,593 147,089 334,373 287,425
Gross profit $ 224,542 $ 193,234 $ 400,325 $ 352,946