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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
NET SALES $ 362,716 $ 447,676
COST OF SALES 303,360 368,150
Gross profit 59,356 79,526
GENERAL AND ADMINISTRATIVE EXPENSES 18,418 19,392
SELLING EXPENSES 6,173 6,961
AMORTIZATION OF INTANGIBLES 4,501 4,988
Income from operations 30,264 48,185
OTHER INCOME (EXPENSE):    
Interest expense (2,990) (4,095)
Other, net 1,333 (398)
Income before income taxes 28,607 43,692
INCOME TAX EXPENSE 8,434 16,168
Net income $ 20,173 $ 27,524
DIVIDENDS DECLARED PER SHARE $ 0.06 $ 0
BASIC NET INCOME PER SHARE 0.34 0.42
DILUTED NET INCOME PER SHARE $ 0.32 $ 0.42