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Segment Information
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands)
 
(in thousands)
Net sales:
 
 
 
 
 
 
 
Automotive
$
2,171,008

 
$
2,095,030

 
$
6,333,495

 
$
6,115,186

Industrial
1,244,234

 
1,162,224

 
3,729,183

 
3,482,246

Office products
509,966

 
535,175

 
1,533,372

 
1,493,434

Electrical/electronic materials
199,236

 
178,448

 
588,281

 
538,803

Other
(28,538
)
 
(29,134
)
 
(82,606
)
 
(70,021
)
Total net sales
$
4,095,906

 
$
3,941,743

 
$
12,101,725

 
$
11,559,648

Operating profit:
 
 
 
 
 
 
 
Automotive
$
178,202

 
$
197,874

 
$
537,291

 
$
555,156

Industrial
94,595

 
85,608

 
281,269

 
255,704

Office products
23,974

 
30,257

 
85,184

 
97,101

Electrical/electronic materials
13,547

 
14,277

 
42,715

 
45,105

Total operating segment profit
310,318

 
328,016

 
946,459

 
953,066

Interest expense, net
(8,202
)
 
(5,244
)
 
(21,254
)
 
(14,731
)
Other intangible assets amortization
(11,845
)
 
(10,339
)
 
(34,085
)
 
(28,324
)
Other, net
(43,916
)
 
(21,076
)
 
(103,853
)
 
(71,957
)
Income before income taxes
$
246,355

 
$
291,357

 
$
787,267

 
$
838,054



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.