CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
Mar. 31, 2025	Mar. 31, 2024
Net sales:
Total net sales	$ 2,103,556	$ 2,379,485
Costs of goods sold:
Total costs of goods sold	1,697,079	1,938,557
Gross profit	406,477	440,928
Operating expenses:
Selling and administrative expenses	339,173	337,434
Severance and restructuring expenses, net	7,026	2,227
Acquisition and integration related expenses	175	1,281
Earnings from operations	60,103	99,986
Non-operating expense (income):
Interest expense, net	15,625	12,557
Other expense (income), net	25,469	(763)
Earnings before income taxes	19,009	88,192
Income tax expense	11,495	21,165
Net earnings	$ 7,514	$ 67,027
Net earnings per share:
Basic (in usd per share)	$ 0.24	$ 2.06
Diluted (in usd per share)	$ 0.22	$ 1.74
Shares used in per share calculations:
Basic (in shares)	31,839	32,596
Diluted (in shares)	34,683	38,435
Products
Net sales:
Total net sales	$ 1,707,800	$ 1,963,955
Costs of goods sold:
Total costs of goods sold	1,531,826	1,771,584
Gross profit	175,974	192,371
Services
Net sales:
Total net sales	395,756	415,530
Costs of goods sold:
Total costs of goods sold	165,253	166,973
Gross profit	$ 230,503	$ 248,557

This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 25
-Paragraph 23
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479405/805-10-25-23