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Basis of Presentation (Tables) | 9 Months Ended
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Sep. 30, 2018
Accounting Policies [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | Upon the adoption of Topic 606, the Company recorded a cumulative adjustment to beginning retained earnings of $11,185,000, as noted in the table below, which reflects the estimated amount of variable consideration related to future sales programs for revenue recognized in prior periods. Prior period information that is presented for comparative purposes has not been restated and continues to be reported under the accounting standards that were in effect in those periods.
Balance Sheet | Balance at December 31, 2017 |  | Adjustments Due To Topic 606 |  | Balance at January 1, 2018
Accounts receivable, net | $ | 94,725 |  |  | $ | (16,156 | ) |  | $ | 78,569 |
Deferred taxes, net | $ | 91,398 |  |  | $ | 4,971 |  |  | $ | 96,369 |
Retained earnings | $ | 324,081 |  |  | $ | (11,185 | ) |  | $ | 312,896 |
The impact of adopting the new revenue standard on the Company's consolidated condensed statements of operations for the three and nine month periods ended September 30, 2018 was as follows:
| Three Months Ended September 30, 2018
| As Reported |  | Balances Without Adoption of Topic 606 |  | Effect of Change Increase/(Decrease)
Net Sales | $ | 262,654 |  |  | $ | 260,069 |  |  | $ | 2,585 |
Income tax provision | $ | 1,335 |  |  | $ | 730 |  |  | $ | 605 |
Net income | $ | 9,740 |  |  | $ | 7,760 |  |  | $ | 1,980 |
| Nine Months Ended September 30, 2018
| As Reported |  | Balances Without Adoption of Topic 606 |  | Effect of Change Increase/(Decrease)
Net Sales | $ | 1,062,156 |  |  | $ | 1,068,640 |  |  | $ | (6,484 | )
Income tax provision | $ | 35,801 |  |  | $ | 37,173 |  |  | $ | (1,372 | )
Net income | $ | 133,405 |  |  | $ | 138,517 |  |  | $ | (5,112 | )
The impact of adopting the new revenue standard on the Company's consolidated condensed balance sheet as of September 30, 2018 was as follows:
| September 30, 2018
| As Reported |  | Balances Without Adoption of Topic 606 |  | Effect of Change Increase/(Decrease)
Assets |  |  |  |  |
Accounts receivable, net | $ | 130,033 |  |  | $ | 152,673 |  |  | $ | (22,640 | )
Deferred taxes, net | $ | 65,045 |  |  | $ | 59,791 |  |  | $ | 5,254 |
Liabilities and Equity |  |  |  |  |
Income tax liability | $ | 10,827 |  |  | $ | 11,916 |  |  | $ | (1,089 | )
Retained earnings | $ | 443,247 |  |  | $ | 459,544 |  |  | $ | (16,297 | )

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