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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
NET SALES $ 1,767,161 $ 1,845,444 $ 2,027,489
COST OF SALES 1,506,286 1,519,910 1,724,046
Gross profit 260,875 325,534 303,443
GENERAL AND ADMINISTRATIVE EXPENSES 77,825 74,129 73,495
SELLING EXPENSES 25,588 27,270 27,233
AMORTIZATION OF INTANGIBLES 17,041 19,940 21,259
ACQUISITON EXPENSES 9,605 0 0
OTHER OPERATING EXPENSES 0 1,663 1,087
Income from operations 130,816 202,532 180,369
OTHER INCOME (EXPENSE):      
Interest expense (16,400) (15,663) (19,548)
Other, net 8,122 (1,452) 2,490
Income before income taxes 122,538 185,417 163,311
INCOME TAX EXPENSE 11,116 65,984 59,022
Net income $ 111,422 $ 119,433 $ 104,289
DIVIDENDS DECLARED PER SHARE $ 0.255 $ 0.06 $ 0
BASIC NET INCOME PER SHARE 1.88 1.87 1.55
DILUTED NET INCOME PER SHARE $ 1.78 $ 1.82 $ 1.5