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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net sales $ 5,037,327 $ 5,369,022 $ 5,363,046
Cost of goods sold 4,331,273 4,609,161 4,526,551
Gross profit 706,054 759,861 836,495
Operating expenses:      
Warehousing, marketing and administrative expenses 661,386 626,117 671,972
Impairments of goodwill and intangible assets 285,166   129,338
Loss on disposition of business     1,461
Operating (loss) income (240,498) 133,744 33,724
Interest expense 26,696 24,143 20,580
Interest income (1,078) (1,272) (996)
Pension expense 2,894 16,218 3,941
Interest and other expense, net 28,512 39,089 23,525
(Loss) income before income taxes (269,010) 94,655 10,199
Income tax (benefit) expense (2,029) 30,803 54,541
Net (loss) income [1] $ (266,981) $ 63,852 $ (44,342)
Net (loss) income per share - basic:      
Net (loss) income per share - basic $ (7.27) $ 1.75 $ (1.18)
Average number of common shares outstanding - basic 36,729 36,580 37,457
Net (loss) income per share - diluted:      
Net (loss) income per share - diluted [2] $ (7.27) $ 1.73 $ (1.18)
Average number of common shares outstanding - diluted 36,729 36,918 37,457
Dividends declared per share $ 0.56 $ 0.56 $ 0.56
[1] Revised in 2015 for the impact of the changes in accounting principle related to inventory accounting.
[2] As a result of the net loss in the years ended December 31, 2017 and 2015, the effect of potentially dilutive securities would have been anti-dilutive and have been omitted from the calculation of diluted earnings per share, consistent with GAAP.