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Segment Information
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment Information

Note B—Segment Information

 

     Three Months Ended March 31,  
     2013     2012  
     (in thousands)  

Net sales:

    

Automotive

   $ 1,544,537      $ 1,493,499   

Industrial

     1,102,080        1,121,223   

Office products

     420,128        426,153   

Electrical/electronic materials

     139,185        147,116   

Other

     (7,128     (6,703
  

 

 

   

 

 

 

Total net sales

   $ 3,198,802      $ 3,181,288   
  

 

 

   

 

 

 

Operating profit:

    

Automotive

   $ 121,043      $ 114,561   

Industrial

     78,895        84,328   

Office products

     33,192        37,515   

Electrical/electronic materials

     10,451        11,966   
  

 

 

   

 

 

 

Total operating profit

     243,581        248,370   

Interest expense, net

     (3,353     (4,715

Other, net

     (18,091     (15,487
  

 

 

   

 

 

 

Income before income taxes

   $ 222,137      $ 228,168   
  

 

 

   

 

 

 

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.