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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales        
Net sales $ 886,375 $ 797,547 $ 1,644,075 $ 1,524,965
Cost of sales        
Cost of sales 674,688 605,892 1,254,191 1,166,693
Gross profit 211,687 191,655 389,884 358,272
Selling, general and administrative expenses 157,789 139,897 306,677 281,678
Depreciation expense 10,941 9,290 21,502 18,082
Amortization expense 4,100 5,288 7,921 10,533
Merger and integration costs 6,324 3,597 10,765 6,433
Impairment of assets 26 0 26 11,883
Total operating expenses 179,180 158,072 346,891 328,609
Income from operations 32,507 33,583 42,993 29,663
Other income (expense)        
Interest expense (6,495) (8,121) (12,583) (16,352)
Other income, net 964 1,411 1,283 2,866
Income before income taxes 26,976 26,873 31,693 16,177
Income tax expense 9,380 8,891 10,353 4,951
Net income $ 17,596 $ 17,982 $ 21,340 $ 11,226
Weighted average common shares outstanding        
Basic (in shares) 66,927 65,839 66,810 65,589
Diluted (in shares) 67,394 66,417 67,290 66,137
Net income per common share        
Basic (in dollars per share) $ 0.26 $ 0.27 $ 0.32 $ 0.17
Diluted (in dollars per share) $ 0.26 $ 0.27 $ 0.32 $ 0.17