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Condensed Consolidated Balance Sheets (USD $)
In Thousands, except Share data
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 101,744 $ 82,356
Trade receivables (less allowances of $7,149 and $7,299, respectively) 795,547 678,212
Merchandise inventory 420,883 390,350
Other current assets 15,711 15,891
Total Current Assets 1,333,885 1,166,809
Property, at cost    
Land 50,421 49,890
Buildings 351,523 349,781
Furniture and fixtures 182,674 176,814
Software 76,906 76,906
Capital leases 11,648 10,214
Total Property, at cost 673,172 663,605
Less: accumulated depreciation and amortization (376,166) (362,793)
Net Property 297,006 300,812
Other Non-current Assets 52,929 51,817
Total Assets 1,683,820 1,519,438
Liabilities    
Short-term borrowings 48,147 19,695
Current portion of long-term debt 29,068 32,191
Trade accounts payable 652,324 520,355
Accrued payroll and benefit costs 67,240 95,511
Other accrued taxes 17,933 15,248
Dividends payable 0 11,686
Other current liabilities 75,374 56,399
Total Current Liabilities 890,086 751,085
Postretirement Benefits Liability 72,652 72,462
Pension Liability 50,009 62,816
Long-term Debt 57,214 64,859
Other Non-current Liabilities 17,134 9,409
Total Liabilities 1,087,095 960,631
Shareholders' Equity    
Authorized 20,000,000 20,000,000
Issued to voting trustees 9,808,030 9,498,347
Issued to shareholders 2,185,038 2,148,384
In treasury, at cost (251,155) (26,755)
Outstanding Common Stock 11,741,913 11,619,976
Outstanding Common Stock 234,838 232,400
Advance Payments on Subscriptions to Common Stock 377 0
Retained Earnings 451,998 423,602
Accumulated Other Comprehensive Loss (95,841) (102,343)
Total Graybar Electric Company, Inc. Shareholders' Equity 591,372 553,659
Noncontrolling Interests 5,353 5,148
Total Shareholders' Equity 596,725 558,807
Total Liabilities and Shareholders' Equity $ 1,683,820 $ 1,519,438