XML 30 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net revenue $ 2,497,401 $ 2,502,175 $ 7,404,368 $ 7,318,169
Cost of goods sold 1,984,122 2,173,336 5,985,136 6,146,511
Gross margin 513,279 328,839 1,419,232 1,171,658
Distribution, selling and administrative expenses 445,259 262,457 1,177,812 849,255
Acquisition-related and exit and realignment charges 8,898 6,380 50,048 20,967
Other operating income, net (1,125) (2,873) (5,020) (5,016)
Operating income 60,247 62,875 196,392 306,452
Interest expense, net 39,869 11,572 87,727 36,784
Loss on extinguishment of debt 0 0 0 40,433
Other expense, net 783 799 2,347 2,397
Income before income taxes 19,595 50,504 106,318 226,838
Income tax provision 7,098 6,375 25,937 47,224
Net income $ 12,497 $ 44,129 $ 80,381 $ 179,614
Net income per common share:        
Basic (in usd per share) $ 0.17 $ 0.60 $ 1.08 $ 2.47
Diluted (in usd per share) $ 0.16 $ 0.58 $ 1.05 $ 2.38