Accounting Changes and Recent Accounting Pronouncements (Tables)

6 Months Ended

Mar. 31, 2019

ASU 2014-09

Recent Accounting Pronouncements

Schedule of Impact of Adopting ASU No. 2014-09 on Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Earnings

The following tables set forth the impact of adopting this standard on our condensed consolidated balance sheets as of March 31, 2019 and our condensed consolidated statements of earnings for the three and six months ended March 31, 2019 (in thousands):

Effect of ASU No. 2014-09 Adoption on Condensed Consolidated Balance Sheet
			Excluding
			ASU No. 2014-09		ASU No. 2014-09
	As reported		Effect		Effect
Other current assets	$	39,895	$	37,256	$	2,639
Accrued liabilities	$	156,490	$	153,851	$	2,639

Effect of ASU No. 2014-09 Adoption on Condensed Consolidated Statement of Earnings
For the three months ended March 31, 2019
			Excluding
			ASU No. 2014-09		ASU No. 2014-09
	As reported		Effect		Effect
Net Sales	$	945,852	$	945,752	$	100
Gross Profit		468,324		468,224		100
Selling, general and administrative expenses	$	361,626	$	361,526	$	100

For the six months ended March 31, 2019
			Excluding
			ASU No. 2014-09		ASU No. 2014-09
	As reported		Effect		Effect
Net Sales	$	1,935,305	$	1,935,130	$	175
Gross Profit		949,030		948,855		175
Selling, general and administrative expenses	$	728,614	$	728,439	$	175