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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net sales $ 709,176 $ 556,077 $ 1,405,509 $ 1,019,201
Costs and expenses        
Cost of materials sold (excludes items shown separately below) 560,546 428,704 1,115,653 783,368
Warehouse and processing 27,624 26,539 51,672 49,945
Administrative and general 31,969 26,463 61,591 49,517
Distribution 16,441 14,099 31,482 27,662
Selling 10,494 9,787 21,316 18,253
Occupancy 3,291 2,776 6,880 5,922
Depreciation 4,354 4,664 8,704 9,314
Amortization 592 608 1,224 1,194
Total costs and expenses 655,311 513,640 1,298,522 945,175
Operating income 53,865 42,437 106,987 74,026
Other income, net (15) 1 (21) (9)
Income before interest and income taxes 53,850 42,438 106,966 74,017
Interest and other expense on debt 2,271 2,017 4,269 3,671
Income before income taxes 51,579 40,421 102,697 70,346
Income tax provision 13,955 10,772 27,771 18,689
Net income 37,624 29,649 74,926 51,657
Gain (loss) on cash flow hedge (246) 462 2,045 1,417
Tax effect on cash flow hedge 62 (115) (511) (354)
Total comprehensive income $ 37,440 $ 29,996 $ 76,460 $ 52,720
Earnings per share:        
Net income per share - basic (in dollars per share) $ 3.26 $ 2.58 $ 6.49 $ 4.50
Weighted average shares outstanding - basic (in shares) 11,538 11,492 11,536 11,491
Net income per share - diluted (in dollars per share) $ 3.26 $ 2.58 $ 6.49 $ 4.49
Weighted average shares outstanding - diluted (in shares) 11,545 11,504 11,540 11,501
Dividends declared per share of common stock (in dollars per share) $ 0.09 $ 0.02 $ 0.18 $ 0.04