XML 20 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Document Fiscal Year Focus 2018  
Revenue $ 1,921,579 $ 1,813,372
Cost of goods and services 1,212,638 1,152,198
Gross profit 708,941 661,174
Selling, General and Administrative Expense 514,149 486,260
Operating earnings 194,792 174,914
Interest Expense 35,807 36,409
Interest Income (2,058) (2,580)
Gain on sale of businesses 0 (90,093)
Other expense (income), net 286 (794)
Earnings before provision for income taxes 160,757 231,972
Provision for income taxes 29,322 59,725
Net earnings $ 131,435 $ 172,247
Net earnings per share: [Abstract]    
Net earnings (in dollars per basic share) $ 0.85 $ 1.11
Net earnings (in dollars per diluted share) $ 0.84 $ 1.09
Weighted average shares outstanding: [Abstract]    
Weighted average shares outstanding - basic 154,520,000 155,540,000
Weighted average shares outstanding - diluted 157,090,000 157,399,000
Dividends paid per common share (in dollars per share) $ 0.47 $ 0.44