Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2023

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

Quarterly Financial Data (Unaudited)

The table below summarizes the unaudited quarterly results of operations for the past two years (in thousands, except per share data):

	Quarter
	2023								2022
	First		Second		Third		Fourth		First		Second		Third		Fourth
Net sales	$	1,206,774	$	1,857,363	$	1,474,407	$	1,003,050	$	1,412,650	$	2,055,818	$	1,615,339	$	1,095,920
Gross profit	369,755		567,783		428,731		293,775		447,189		666,804		503,687		315,731
Net income	101,699		232,250		137,843		51,437		179,261		307,283		190,055		71,863
Earnings per share:
Basic	$	2.60	$	5.95	$	3.54	$	1.33	$	4.46	$	7.71	$	4.82	$	1.84
Diluted	$	2.58	$	5.91	$	3.51	$	1.32	$	4.41	$	7.63	$	4.78	$	1.82

The sum of basic and diluted earnings per share for each of the quarters may not equal the total basic and diluted earnings per share for the annual periods because of rounding differences and a difference in the way that in-the-money stock options are considered from quarter to quarter.