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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Condensed Consolidated Statements of Operations        
Net sales $ 946,913 $ 595,529 $ 2,379,807 $ 1,602,881
Cost of products sold (871,150) (555,364) (2,193,233) (1,503,639)
Gross profit 75,763 40,165 186,574 99,242
Selling, general and administrative expenses (48,860) (34,306) (147,637) (85,330)
Income from operations 26,903 5,859 38,937 13,912
Other (expense) income:        
Interest expense (1,542) (734) (3,766) (1,629)
Change in fair value of redeemable common shares   6,916   7,873
Termination of existing stock redemption agreement   (4,842)   (4,842)
Equity loss of non-consolidated entity   (377)   (1,087)
Other 90 146 270 663
Total other (expense) income (1,452) 1,109 (3,496) 978
Income before income taxes 25,451 6,968 35,441 14,890
Income tax expense (9,768) (2,427) (13,973) (6,984)
Net income 15,683 4,541 21,468 7,906
Less net loss attributable to noncontrolling interest (278)   (742)  
Net income attributable to Diplomat Pharmacy, Inc. 15,961 4,541 22,210 7,906
Net income allocable to preferred shareholders   745   1,062
Net income allocable to common shareholders $ 15,961 $ 3,796 $ 22,210 $ 6,844
Net income per common share:        
Basic (in dollars per share) $ 0.25 $ 0.12 $ 0.37 $ 0.22
Diluted (in dollars per share) $ 0.24 $ 0.11 $ 0.36 $ 0.20
Weighted average common shares outstanding:        
Basic (in shares) 63,890,060 31,643,725 59,507,347 31,479,950
Diluted (in shares) 65,513,055 33,670,041 61,758,979 33,955,995