XML 71 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
Sales $ 3,777,068 $ 3,209,782 $ 2,656,949
Cost of sales 2,656,189 2,284,485 1,916,366
Gross profit 1,120,879 925,297 740,583
Operating expenses:      
Selling and marketing 270,266 210,367 178,725
Research and development 139,193 127,361 105,631
General and administrative 179,407 143,064 130,395
Total operating expenses 588,866 480,792 414,751
Income from financial services 45,901 33,920 24,092
Operating income 577,914 478,425 349,924
Non-operating expense (income):      
Interest expense 6,210 5,932 3,987
Equity in loss of other affiliates 2,414 179 0
Other (income), net (5,139) (7,529) (689)
Income before income taxes 574,429 479,843 346,626
Provision for income taxes 193,360 167,533 119,051
Net income from continuing operations 381,069 312,310 227,575
Loss from discontinued operations, net of tax (3,777) 0 0
Net income $ 377,292 $ 312,310 $ 227,575
Basic net income per share:      
Continuing operations (in dollars per share) $ 5.56 $ 4.54 $ 3.31
Loss from discontinued operations (in dollars per share) $ (0.05) $ 0.00 $ 0.00
Basic net income per share (in dollars per share) $ 5.51 $ 4.54 $ 3.31
Diluted net income per share:      
Continuing operations (in dollars per share) $ 5.40 $ 4.40 $ 3.20
Loss from discontinued operations (in dollars per share) $ (0.05) $ 0.00 $ 0.00
Diluted net income per share (in dollars per share) $ 5.35 $ 4.40 $ 3.20
Weighted average shares outstanding:      
Basic (in shares) 68,535 68,849 68,792
Diluted (in shares) 70,546 71,005 71,057