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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 1,321,342 $ 1,306,999 $ 3,441,635 $ 3,378,383
Cost of goods sold 1,113,727 1,102,892 2,884,510 2,840,991
Gross profit 207,615 204,107 557,125 537,392
Selling, general and administrative expenses 76,065 73,690 233,816 228,691
Rationalization charges 3,195 288 48,594 1,483
Other pension and postretirement income (4,340) (8,326) (13,320) (27,536)
Income before interest and income taxes 132,695 138,455 288,035 334,754
Interest and other debt expense before loss on early extinguishment of debt 26,767 28,199 82,272 88,602
Loss on early extinguishment of debt 1,676 0 1,676 2,493
Interest and other debt expense 28,443 28,199 83,948 91,095
Income before income taxes 104,252 110,256 204,087 243,659
Provision for income taxes 22,978 25,517 45,117 57,857
Net income $ 81,274 $ 84,739 $ 158,970 $ 185,802
Earnings per share        
Basic net income per share (usd per share) $ 0.73 $ 0.77 $ 1.43 $ 1.68
Diluted net income per share (usd per share) $ 0.73 $ 0.76 $ 1.43 $ 1.66
Weighted average number of shares        
Basic (in shares) 111,058 110,657 110,985 110,599
Effect of dilutive securities (in shares) 463 1,036 554 1,010
Diluted (in shares) 111,521 111,693 111,539 111,609