XML 18 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
NET SALES $ 2,027,489 $ 1,863,315 $ 1,635,686
COST OF SALES 1,724,046 1,630,681 1,420,563
Gross profit 303,443 232,634 215,123
GENERAL AND ADMINISTRATIVE EXPENSES 73,495 61,694 58,666
SELLING EXPENSES 27,233 26,676 30,597
AMORTIZATION OF INTANGIBLES 21,259 21,878 21,786
OTHER OPERATING EXPENSES 1,087 0 883
Income from operations 180,369 122,386 103,191
OTHER INCOME (EXPENSE):      
Interest expense (19,548) (22,165) (26,308)
Other, net 2,490 (1,759) 740
Income before income taxes 163,311 98,462 77,623
INCOME TAX EXPENSE 59,022 37,532 31,094
Net income $ 104,289 $ 60,930 $ 46,529
BASIC NET INCOME PER SHARE $ 1.55 $ 0.88 $ 0.67
DILUTED NET INCOME PER SHARE $ 1.50 $ 0.85 $ 0.67