XML 18 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales $ 2,788,188 $ 2,570,803 $ 2,363,139
Cost of sales 1,982,899 1,829,716 1,687,495
Gross profit 805,289 741,087 675,644
Selling and administrative expenses 520,918 485,228 459,422
Operating income 284,371 255,859 216,222
Interest and other non-operating expenses, net (15,189) (14,481) (8,072)
Income before income taxes and equity earnings 269,182 241,378 208,150
Provision for income taxes 77,982 92,931 80,137
Equity earnings in unconsolidated investments, net 139 156 211
Net income 191,339 148,603 128,224
Net loss attributable to noncontrolling interest 294 352 51
Net income attributable to Pool Corporation $ 191,633 $ 148,955 $ 128,275
Earnings per share:      
Basic (in dollars per share) $ 4.69 $ 3.56 $ 2.98
Diluted (in dollars per share) $ 4.51 $ 3.47 $ 2.90
Weighted average shares outstanding:      
Basic (in shares) 40,838 41,872 43,105
Diluted (in shares) 42,449 42,984 44,254
Cash dividends declared per common share (in dollars per share) $ 1.42 $ 1.19 $ 1.00