XML 17 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
NET SALES $ 630,934 $ 592,640 $ 1,115,158 $ 1,047,245
COST OF SALES 294,672 285,632 526,857 499,068
GROSS PROFIT 336,262 307,008 588,301 548,177
OPERATING EXPENSES 156,835 137,235 301,569 252,118
OPERATING INCOME 179,427 169,773 286,732 296,059
OTHER (EXPENSE) INCOME:        
Interest and other (expense) income, net (3,468) (27) (7,940) (77)
Gain (loss) on investments and put options, net (Note 3) 66 (33) 2,637 363
Total other (expense) income (3,402) (60) (5,303) 286
INCOME BEFORE PROVISION FOR INCOME TAXES 176,025 169,713 281,429 296,345
PROVISION FOR INCOME TAXES 69,152 59,918 111,060 110,450
NET INCOME $ 106,873 $ 109,795 $ 170,369 $ 185,895
NET INCOME PER COMMON SHARE:        
Basic (in dollars per share) $ 0.64 $ 0.62 $ 1.03 $ 1.06
Diluted (in dollars per share) $ 0.62 $ 0.59 $ 0.98 $ 1.00
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS:        
Basic (in shares) 166,447 176,186 165,988 175,509
Diluted (in shares) 173,350 186,284 172,992 185,833