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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
NET SALES $ 827,488 $ 693,722 $ 1,507,674 $ 1,320,512
COST OF SALES 309,674 299,214 566,762 557,048
GROSS PROFIT 517,814 394,508 940,912 763,464
OPERATING EXPENSES 229,291 189,839 397,675 551,167
GAIN ON SALE OF MONSTER NON-ENERGY   161,470   161,470
OPERATING INCOME 288,523 366,139 543,237 373,767
INTEREST and OTHER (EXPENSE) INCOME, net (222) (1,015) 386 218
INCOME BEFORE PROVISION FOR INCOME TAXES 288,301 365,124 543,623 373,985
PROVISION FOR INCOME TAXES 104,082 136,120 195,526 140,568
NET INCOME $ 184,219 $ 229,004 $ 348,097 $ 233,417
NET INCOME PER COMMON SHARE:        
Basic (in dollars per share) $ 0.92 $ 1.29 $ 1.72 $ 1.35
Diluted (in dollars per share) $ 0.90 $ 1.26 $ 1.69 $ 1.31
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS:        
Basic (in shares) 200,979 176,985 201,962 173,447
Diluted (in shares) 204,968 181,417 205,948 177,998