v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 697,223 $ 682,330 $ 1,996,551 $ 1,961,771
Cost of sales 498,895 502,999 1,448,210 1,451,822
Gross profit 198,328 179,331 548,341 509,949
Selling, general, and administrative expense 96,805 98,886 296,372 296,846
Operating profit 101,523 80,445 251,969 213,103
Other income (expense), net:        
Interest expense (7,692) (9,507) (24,711) (28,740)
Loss on extinguishment of debt     (233)  
Other, net 86 653 648 1,512
Other expense, net (7,606) (8,854) (24,296) (27,228)
Income before income taxes 93,917 71,591 227,673 185,875
Income tax expense (23,921) (16,615) (51,407) (40,864)
Net income $ 69,996 $ 54,976 $ 176,266 $ 145,011
Net income per common share:        
Basic (in dollars per share) $ 2.13 $ 1.63 $ 5.35 $ 4.27
Diluted (in dollars per share) $ 2.11 $ 1.60 $ 5.29 $ 4.20
Weighted average shares outstanding:        
Basic (in shares) 32,847,652 33,790,857 32,960,969 33,977,464
Diluted (in shares) 33,210,545 34,367,902 33,337,259 34,541,635

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