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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
NET SALES $ 1,246,362 $ 1,133,577 $ 3,402,355 $ 3,183,613
COST OF SALES 509,831 460,575 1,369,160 1,275,796
GROSS PROFIT 736,531 673,002 2,033,195 1,907,817
OPERATING EXPENSES 277,930 277,559 802,343 821,923
OPERATING INCOME 458,601 395,443 1,230,852 1,085,894
INTEREST and OTHER (EXPENSE) INCOME, net (4,568) 3,121 (5,491) 8,835
INCOME BEFORE PROVISION FOR INCOME TAXES 454,033 398,564 1,225,361 1,094,729
PROVISION FOR INCOME TAXES 106,379 99,641 287,503 241,848
NET INCOME $ 347,654 $ 298,923 $ 937,858 $ 852,881
NET INCOME PER COMMON SHARE:        
Basic $ 0.66 $ 0.55 $ 1.77 $ 1.57
Diluted $ 0.65 $ 0.55 $ 1.75 $ 1.56
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS:        
Basic 527,637 544,469 530,194 543,804
Diluted 533,263 548,422 535,011 548,387