Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 834,255 $ 646,099 $ 1,577,053 $ 1,299,327
Cost of sales 591,075 468,045 1,136,114 949,316
Gross profit 243,180 178,054 440,939 350,011
Selling, general, and administrative expense 114,894 97,600 216,767 199,568
Operating profit 128,286 80,454 224,172 150,443
Other income (expense), net:        
Interest expense (6,105) (8,277) (12,707) (17,018)
Loss on extinguishment of debt     (13,862) (233)
Other, net 66 89 144 561
Other expense, net (6,039) (8,188) (26,425) (16,690)
Income before income taxes 122,247 72,266 197,747 133,753
Income tax expense (31,867) (16,770) (47,525) (27,485)
Net income $ 90,380 $ 55,496 $ 150,222 $ 106,268
Net income per common share:        
Basic $ 2.75 $ 1.69 $ 4.57 $ 3.22
Diluted $ 2.72 $ 1.67 $ 4.53 $ 3.18
Weighted average shares outstanding:        
Basic 32,865,303 32,867,842 32,846,016 33,018,148
Diluted 33,177,435 33,202,423 33,190,107 33,401,135