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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net sales $ 1,090,343 $ 964,249 $ 2,991,118 $ 2,736,029
Cost of sales 817,261 709,482 2,228,086 2,019,363
Gross profit 273,082 254,767 763,032 716,666
Selling, general and administrative expenses 195,143 190,579 557,010 546,116
Depreciation expense 11,767 10,501 34,990 30,117
Amortization expense 5,016 4,552 15,045 13,237
Asset Impairment Charges 0 115 2,255 644
Total operating expenses 211,926 205,747 609,300 590,114
Income from operations 61,156 49,020 153,732 126,552
Other income (expense)        
Interest expense (5,744) (5,773) (17,880) (17,385)
Other income, net 3,289 3,540 9,128 10,159
Income before income taxes 58,701 46,787 144,980 119,326
Income tax expense 13,806 13,190 34,434 29,680
Net income $ 44,895 $ 33,597 $ 110,546 $ 89,646
Weighted average common shares outstanding        
Basic (in shares) 67,141 66,685 67,001 66,681
Diluted (in shares) 67,967 67,361 67,725 67,240
Net income per common share        
Basic (in dollars per share) $ 0.67 $ 0.50 $ 1.65 $ 1.34
Diluted (in dollars per share) $ 0.66 $ 0.50 $ 1.63 $ 1.33