CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2015 |
Sep. 30, 2014 |
Sep. 30, 2015 |
Sep. 30, 2014 |
|
| Income Statement [Abstract] | ||||
| Net sales | $ 1,391,545 | $ 1,419,947 | $ 4,065,719 | $ 3,994,123 |
| Cost of goods sold | 1,166,402 | 1,203,246 | 3,430,062 | 3,400,992 |
| Gross profit | 225,143 | 216,701 | 635,657 | 593,131 |
| Operating expenses: | ||||
| Warehousing, marketing and administrative expenses | 172,159 | 148,831 | 526,653 | 438,538 |
| Operating income | 52,984 | 67,870 | 109,004 | 154,593 |
| Interest expense, net | 5,300 | 3,992 | 14,918 | 11,199 |
| Income before income taxes | 47,684 | 63,878 | 94,086 | 143,394 |
| Income tax expense | 20,017 | 23,647 | 42,594 | 53,349 |
| Net income | $ 27,667 | $ 40,231 | $ 51,492 | $ 90,045 |
| Net income per share - basic: | $ 0.74 | $ 1.05 | $ 1.36 | $ 2.32 |
| Average number of common shares outstanding - basic | 37,300 | 38,450 | 37,724 | 38,817 |
| Net income per share - diluted: | $ 0.74 | $ 1.03 | $ 1.35 | $ 2.29 |
| Average number of common shares outstanding - diluted | 37,608 | 38,884 | 38,109 | 39,244 |
| Dividends declared per share | $ 0.14 | $ 0.14 | $ 0.42 | $ 0.42 |