XML 75 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Consolidated Statements of Income      
Revenue $ 2,630,308 $ 2,429,983 $ 2,072,179
Cost of sales, including cost of warehousing, distribution and occupancy 1,637,181 1,500,245 1,318,346
Gross profit 993,127 929,738 753,833
Compensation and related benefits 321,947 314,311 291,268
Advertising and promotion 67,224 62,267 52,924
Other selling, general and administrative 131,270 123,484 113,477
Foreign currency (gain) loss (165) (90) 121
Transaction and restructuring related costs (Note 2) 12,353 1,926 13,536
Operating income 460,498 427,840 282,507
Interest expense, net (Note 8) 53,029 47,556 74,903
Income before income taxes 407,469 380,284 207,604
Income tax expense (Note 4) 142,448 140,088 75,271
Net income 265,021 240,196 132,333
Income per share - Basic and Diluted:      
Net income 265,021 240,196 132,333
Preferred stock dividends     (4,726)
Net income available to common shareholders $ 265,021 $ 240,196 $ 127,607
Earnings per share:      
Basic (in dollars per share) $ 2.75 $ 2.32 $ 1.27
Diluted (in dollars per share) $ 2.72 $ 2.29 $ 1.24
Weighted average common shares outstanding:      
Basic (in shares) 96,481 103,503 100,261
Diluted (in shares) 97,383 104,911 103,010
Dividends declared per share $ 0.60 $ 0.44