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Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales:        
Total net sales $ 2,349,596 $ 2,743,377 $ 4,673,543 $ 5,394,227
Costs of goods sold:        
Total costs of goods sold 1,916,406 2,305,488 3,849,038 4,577,477
Gross profit 433,190 437,889 824,505 816,750
Operating expenses:        
Selling and administrative expenses 318,243 306,001 628,244 603,641
Severance and restructuring expenses, net (3,770) 692 32 2,064
Acquisition and integration related expenses 106 1,640 157 1,640
Earnings from operations 118,611 129,556 196,072 209,405
Non-operating (income) expense:        
Interest expense, net 9,405 9,383 19,753 17,451
Other (income) expense, net (60) 312 692 (2,531)
Earnings before income taxes 109,266 119,861 175,627 194,485
Income tax expense 28,784 30,677 45,173 48,670
Net earnings $ 80,482 $ 89,184 $ 130,454 $ 145,815
Net earnings per share:        
Basic (in usd per share) $ 2.43 $ 2.54 $ 3.91 $ 4.16
Diluted (in usd per share) $ 2.17 $ 2.42 $ 3.51 $ 3.95
Shares used in per share calculations:        
Basic (in shares) 33,101 35,083 33,403 35,028
Diluted (in shares) 37,039 36,821 37,123 36,901
Products        
Net sales:        
Total net sales $ 1,945,609 $ 2,349,242 $ 3,913,254 $ 4,659,529
Costs of goods sold:        
Total costs of goods sold 1,749,448 2,135,895 3,522,177 4,243,104
Gross profit 196,161 213,347 391,077 416,425
Services        
Net sales:        
Total net sales 403,987 394,135 760,289 734,698
Costs of goods sold:        
Total costs of goods sold 166,958 169,593 326,861 334,373
Gross profit $ 237,029 $ 224,542 $ 433,428 $ 400,325