XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Sales $ 2,290,829 $ 2,176,689 $ 4,447,088 $ 4,272,839
Cost of goods sold, including warehouse and distribution expenses 1,090,767 1,049,510 2,115,879 2,048,081
Gross profit 1,200,062 1,127,179 2,331,209 2,224,758
Selling, general and administrative expenses 742,617 702,118 1,470,607 1,381,071
Operating income 457,445 425,061 860,602 843,687
Other income (expense):        
Interest expense (20,827) (18,701) (40,231) (33,522)
Interest income 470 1,193 1,176 1,945
Other, net (762) 1,241 3 2,258
Total other expense (21,119) (16,267) (39,052) (29,319)
Income before income taxes 436,326 408,794 821,550 814,368
Provision for income taxes 153,505 151,000 273,795 301,200
Net income $ 282,821 $ 257,794 $ 547,755 $ 513,168
Earnings per share-basic:        
Earnings per share - basic $ 3.14 $ 2.69 $ 6.02 $ 5.31
Weighted-average common shares outstanding - basic 90,030 95,967 91,012 96,554
Earnings per share-assuming dilution:        
Earnings per share - assuming dilution $ 3.10 $ 2.65 $ 5.93 $ 5.24
Weighted-average common shares outstanding - assuming dilution 91,299 97,282 92,347 97,911