XML 18 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
 
(in thousands)
 
(in thousands)
Net sales:
 
 
 
 
 
 
 
Automotive
$
2,087,978

 
$
2,103,126

 
$
4,020,156

 
$
4,001,634

Industrial
1,167,395

 
1,188,031

 
2,320,022

 
2,369,854

Office products
481,605

 
477,755

 
958,259

 
968,053

Electrical/electronic materials
184,508

 
194,701

 
360,355

 
376,747

Other
(21,848
)
 
(23,212
)
 
(40,887
)
 
(39,836
)
Total net sales
$
3,899,638

 
$
3,940,401

 
$
7,617,905

 
$
7,676,452

Operating profit:
 
 
 
 
 
 
 
Automotive
$
203,572

 
$
207,443

 
$
357,282

 
$
358,084

Industrial
88,263

 
88,876

 
170,096

 
176,645

Office products
32,640

 
34,501

 
66,844

 
71,025

Electrical/electronic materials
15,987

 
18,568

 
30,828

 
34,031

Total operating profit
340,462

 
349,388

 
625,050

 
639,785

Interest expense, net
(4,665
)
 
(5,674
)
 
(9,487
)
 
(11,001
)
Other intangible assets amortization
(9,225
)
 
(8,796
)
 
(17,985
)
 
(17,400
)
Other, net
(26,520
)
 
(24,801
)
 
(50,881
)
 
(49,886
)
Income before income taxes
$
300,052

 
$
310,117

 
$
546,697

 
$
561,498



Net sales by segment exclude the effect of certain discounts, incentives and freight billed to customers. The line item “Other” represents the net effect of the discounts, incentives and freight billed to customers, which is reported as a component of net sales in the Company’s condensed consolidated statements of income and comprehensive income.