CORRECTION OF PRIOR PERIOD ERROR (Tables)

12 Months Ended

Dec. 31, 2023

Consolidated Balance Sheet as of December 31, 2022:


(In thousands)	As previously reported		Corrections		As revised
Receivables, net	$	724,603	$	(1,299)	$	723,304
Total current assets	1,517,313		(1,299)		1,516,014
Total assets	4,449,602		(1,299)		4,448,303
Accrued expenses	177,536		(3,096)		174,440
Deferred revenue	242,483		12,318		254,801
Other current liabilities	82,395		384		82,779
Total current liabilities	971,439		9,606		981,045
Total liabilities	2,457,483		9,606		2,467,089
Retained earnings	3,174,396		(10,905)		3,163,491
Total stockholders' equity	1,992,119		(10,905)		1,981,214
Total liabilities and stockholders' equity	4,449,602		(1,299)		4,448,303

Consolidated Statement of Earnings for the year ended December 31, 2021:


(In thousands)	As previously reported		Corrections		As revised
Product sales	$	2,109,617	$	(5,170)	$	2,104,447
Total net sales	2,505,931		(5,170)		2,500,761
Cost of product sales	1,330,191		384		1,330,575
Total cost of sales	1,572,575		384		1,572,959
Gross profit	933,356		(5,554)		927,802
Operating income	382,683		(5,554)		377,129
Earnings before income taxes	354,510		(5,554)		348,956
Provision for income taxes	(87,351)		1,224		(86,127)
Net earnings	267,159		(4,330)		262,829

Basic earnings per share	$	6.61	$	(0.11)	$	6.50
Diluted earnings per share	$	6.58	$	(0.11)	$	6.47

Consolidated Statement of Comprehensive Income for the year ended December 31, 2021:

Consolidated Statement of Cash Flows for the year ended December 31, 2021:


(In thousands)	As previously reported		Corrections		As revised
Net earnings	$	267,159	$	(4,330)	$	262,829
Receivables, net	(61,277)		105		(61,172)
Deferred revenue	9,584		5,065		14,649
Income taxes	(12,988)		(1,224)		(14,212)
Other	19,005		384		19,389
Net cash provided by operating activities	387,668		—		387,668