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 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 1,300,998 $ 845,757 $ 3,744,201 $ 2,422,810
Cost of sales 905,250 595,466 2,633,155 1,731,581
Gross profit 395,748 250,291 1,111,046 691,229
Selling, general, and administrative expense 172,874 116,485 516,997 333,252
Operating profit 222,874 133,806 594,049 357,977
Other income (expense), net:        
Interest expense (14,561) (5,503) (39,936) (18,210)
Loss on extinguishment of debt       (13,862)
Other, net (303) 66 103 210
Other expense, net (14,864) (5,437) (39,833) (31,862)
Income before income taxes 208,010 128,369 554,216 326,115
Income tax expense (54,264) (32,934) (142,060) (80,457)
Net income $ 153,746 $ 95,435 $ 412,156 $ 245,658
Net income per common share:        
Basic $ 4.79 $ 2.91 $ 12.72 $ 7.49
Diluted $ 4.76 $ 2.88 $ 12.63 $ 7.41
Weighted average shares outstanding:        
Basic 32,076,285 32,763,311 32,404,275 32,818,145
Diluted 32,279,820 33,088,680 32,643,161 33,155,995