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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CONSOLIDATED STATEMENTS OF INCOME      
NET SALES $ 3,369,045 $ 3,049,393 $ 2,722,564
COST OF SALES 1,231,355 1,107,393 1,090,263
GROSS PROFIT 2,137,690 1,942,000 1,632,301
OPERATING EXPENSES 938,903 856,662 900,118
GAIN ON SALE OF MONSTER NON-ENERGY (NOTE 2)     161,470
OPERATING INCOME 1,198,787 1,085,338 893,653
OTHER INCOME (EXPENSE), NET 2,836 (5,653) (2,105)
INCOME BEFORE PROVISION FOR INCOME TAXES 1,201,623 1,079,685 891,548
PROVISION FOR INCOME TAXES 380,945 367,000 344,815
NET INCOME $ 820,678 $ 712,685 $ 546,733
NET INCOME PER COMMON SHARE:      
Basic (in dollars per share) $ 1.45 $ 1.21 $ 0.97
Diluted (in dollars per share) $ 1.42 $ 1.19 $ 0.95
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS:      
Basic (in shares) 566,782 587,874 566,448
Diluted (in shares) 577,141 599,819 577,758