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Summary Of Significant Accounting Policies Summary Of Significant Accounting Policies (Tables) | 3 Months Ended
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Mar. 31, 2018
Accounting Policies [Abstract] |
Schedule of New Accounting Pronouncements | In accordance with the requirements of ASC 606, the effects of adoption of this standard on our Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Operations were as follows (in thousands):
|  | March 31, 2018
|  | As Reported |  | Effect of Standard |  | Balances Without Adoption of ASC 606
Accounts receivable, net |  | $ | 316,415 |  |  | $ | 56,768 |  |  | $ | 259,647 |
Inventories |  | 405,971 |  |  | (18,175 | ) |  | 424,146 |
Prepaid expenses and other current assets |  | 72,788 |  |  | 18,175 |  |  | 54,613 |
Total current assets |  | 1,603,368 |  |  | 56,768 |  |  | 1,546,600 |
Total assets |  | 2,188,684 |  |  | 56,768 |  |  | 2,131,916 |
Accrued liabilities |  | 206,145 |  |  | 56,768 |  |  | 149,377 |
Total current liabilities |  | 383,734 |  |  | 56,768 |  |  | 326,966 |
Total liabilities |  | 497,331 |  |  | 56,768 |  |  | 440,563 |
Total liabilities and equity |  | $ | 2,188,684 |  |  | $ | 56,768 |  |  | $ | 2,131,916 |
|  | Three Months Ended March 31, 2018
|  | As Reported |  | Effect of Standard |  | Balances Without Adoption of ASC 606
Net sales |  | $ | 607,308 |  |  | $ | 8,257 |  |  | $ | 599,051 |
Gross profit |  | 299,438 |  |  | 8,257 |  |  | 291,181 |
Selling, general and administrative expenses |  | $ | 243,368 |  |  | $ | 8,257 |  |  | $ | 235,111 |
The following table presents the effect of the adoption of ASC 606, ASU 2016-16 and ASU 2017-12 on our Condensed Consolidated Balance Sheets as of January 1, 2018 (in thousands):
|  | January 1, 2018
|  | December 31, 2017 |  | Adjustments due to ASC 606 |  | Adjustments due to ASU 2016-16 |  | Adjustments due to ASU 2017-12 |  | January 1, 2018
Accounts receivable, net |  | $ | 364,862 |  |  | $ | 64,519 |  |  | $ | — |  |  | $ | — |  |  | $ | 429,381 |
Inventories |  | 457,927 |  |  | (24,037 | ) |  | — |  |  | — |  |  | 433,890 |
Prepaid expenses and other current assets |  | 58,559 |  |  | 24,037 |  |  | (11,814 | ) |  | — |  |  | 70,782 |
Total current assets |  | 1,649,497 |  |  | 64,519 |  |  | (11,814 | ) |  | — |  |  | 1,702,202 |
Deferred income taxes |  | 56,804 |  |  | (519 | ) |  | 23,484 |  |  | — |  |  | 79,769 |
Total assets |  | 2,212,902 |  |  | 64,000 |  |  | 11,670 |  |  | — |  |  | 2,288,572 |
Accrued liabilities |  | 182,228 |  |  | 61,340 |  |  | — |  |  | — |  |  | 243,568 |
Income taxes payable |  | 19,107 |  |  | 230 |  |  | — |  |  | — |  |  | 19,337 |
Total current liabilities |  | 453,636 |  |  | 61,570 |  |  | — |  |  | — |  |  | 515,206 |
Total liabilities |  | 560,643 |  |  | 61,570 |  |  | — |  |  | — |  |  | 622,213 |
Retained earnings |  | 1,585,009 |  |  | 2,430 |  |  | 11,670 |  |  | 515 |  |  | 1,599,624 |
Accumulated other comprehensive loss |  | (8,887 | ) |  | — |  |  | — |  |  | (515 | ) |  | (9,402 | )
Total liabilities and equity |  | $ | 2,212,902 |  |  | $ | 64,000 |  |  | $ | 11,670 |  |  | $ | — |  |  | $ | 2,288,572 |

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- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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