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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
NET SALES $ 464,272 $ 531,350 $ 1,383,387 $ 1,483,778
COST OF SALES 380,813 445,328 1,129,338 1,268,153
Gross profit 83,459 86,022 254,049 215,625
GENERAL AND ADMINISTRATIVE EXPENSES 17,206 17,855 55,093 53,758
SELLING EXPENSES 6,415 6,462 20,421 20,216
AMORTIZATION OF INTANGIBLES 4,983 5,316 14,961 15,945
IMPAIRMENT OF GOODWILL 0 0 1,663 0
Income from operations 54,855 56,389 161,911 125,706
OTHER INCOME (EXPENSE):        
Interest expense (3,906) (4,784) (11,938) (14,759)
Other, net 830 (187) 226 2,500
Income before income taxes 51,779 51,418 150,199 113,447
INCOME TAX EXPENSE 18,401 19,538 53,766 42,445
Net income $ 33,378 $ 31,880 $ 96,433 $ 71,002
BASIC NET INCOME PER SHARE $ 0.52 $ 0.48 $ 1.50 $ 1.05
DILUTED NET INCOME PER SHARE $ 0.51 $ 0.47 $ 1.45 $ 1.01