QUARTERLY DATA

12 Months Ended

Dec. 31, 2013

Quarterly Data [Abstract]

Quarterly Data

QUARTERLY DATA (Unaudited)

Summary quarterly results were as follows:

Year 2013	First		Second		Third		Fourth
In thousands of dollars except per share amounts
Net sales	$	1,827,426	$	1,508,514	$	1,853,886	$	1,956,253
Gross profit	849,337		718,574		855,551		857,386
Net income	241,906		159,504		232,985		186,075
Class B Common Stock:
Net income per share—Basic	1.00		0.66		0.96		0.77
Net income per share—Diluted(a)	0.99		0.66		0.95		0.76
Dividends paid per share	0.38		0.38		0.435		0.435
Common Stock:
Net income per share—Basic	1.11		0.73		1.07		0.85
Net income per share—Diluted	1.06		0.70		1.03		0.82
Dividends paid per share	0.42		0.42		0.485		0.485
Market Price
High	87.53		91.25		97.69		100.90
Low	73.51		85.25		89.17		91.04

Year 2012	First		Second		Third		Fourth
In thousands of dollars except per share amounts
Net sales	$	1,732,064	$	1,414,444	$	1,746,709	$	1,751,035
Gross profit	743,396		618,521		742,757		755,208
Net income	198,651		135,685		176,716		149,879
Class B Common Stock:
Net income per share—Basic	0.82		0.56		0.73		0.62
Net income per share—Diluted	0.81		0.55		0.73		0.62
Dividends paid per share	0.344		0.344		0.344		0.380
Common Stock:
Net income per share—Basic(a)	0.91		0.62		0.80		0.69
Net income per share—Diluted	0.87		0.59		0.77		0.66
Dividends paid per share	0.38		0.38		0.38		0.42
Market Price
High	61.94		72.03		73.16		74.64
Low	59.49		59.81		70.09		68.85

(a) Quarterly income per share amounts do not total to the annual amount due to changes in weighted-average shares outstanding during the year.