XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net sales $ 604,973 $ 529,230 $ 1,141,270 $ 1,008,687
Cost of goods sold 435,876 379,698 817,733 719,244
Gross profit 169,097 149,532 323,537 289,443
Operating expenses:        
Selling, general and administrative 125,785 113,602 247,212 226,664
Depreciation and amortization 20,341 19,027 40,227 37,423
Total operating expenses 146,126 132,629 287,439 264,087
Income from operations 22,971 16,903 36,098 25,356
Interest expense (15,345) (14,876) (30,477) (30,125)
Other income, net 57 95 124 13,384
Income before income taxes 7,683 2,122 5,745 8,615
Income tax expense 2,283 862 1,398 3,426
Net income $ 5,400 $ 1,260 $ 4,347 $ 5,189
Earnings per share data:        
Basic (in dollars per share) $ 0.13 $ 0.03 $ 0.10 $ 0.13
Diluted (in dollars per share) $ 0.13 $ 0.03 $ 0.10 $ 0.13
Weighted average shares outstanding:        
Basic (in shares) 42,893,498 42,865,407 42,886,867 40,084,730
Diluted (in shares) 42,910,017 42,879,319 42,903,788 40,084,940
Comprehensive income:        
Foreign currency translation adjustment $ (1,831) $ 2,085 $ (4,202) $ 2,658
Unrealized gain (loss) on derivative, net of taxes of $0.4 million and $0.6 million, respectively and $1.0 million and $0.9 million, respectively 1,096 (939) 2,259 (1,400)
Total other comprehensive (loss) income (735) 1,146 (1,943) 1,258
Total comprehensive income $ 4,665 $ 2,406 $ 2,404 $ 6,447