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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue $ 1,993,351 $ 1,686,345 $ 3,806,723 $ 3,308,618
Cost of goods and services 1,243,905 1,055,132 2,396,103 2,088,141
Gross profit 749,446 631,213 1,410,620 1,220,477
Selling, general and administrative expenses 484,046 437,411 969,336 880,859
Operating earnings 265,400 193,802 441,284 339,618
Interest Expense 36,932 33,779 73,341 67,097
Interest Income (2,338) (1,622) (4,918) (3,226)
Gain on sale of businesses 0 (801) (90,093) (12,029)
Other expense (income), net 15 (2,053) 191 (4,347)
Earnings before provision for income taxes 230,791 164,499 462,763 292,123
Provision for income taxes 66,733 46,209 126,458 74,477
Net earnings $ 164,058 $ 118,290 $ 336,305 $ 217,646
Net earnings per share: [Abstract]        
Net earnings (in dollars per basic share) $ 1.05 $ 0.76 $ 2.16 $ 1.40
Net earnings (in dollars per diluted share) $ 1.04 $ 0.76 $ 2.14 $ 1.39
Weighted average shares outstanding: [Abstract]        
Weighted average shares outstanding - basic 155,703,000 155,180,000 155,622,000 155,122,000
Weighted average shares outstanding - diluted 157,513,000 156,595,000 157,457,000 156,414,000
Dividends paid per common share (in dollars per share) $ 0.44 $ 0.42 $ 0.88 $ 0.84