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Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The table below presents segment revenue, operating expenses and operating income and reconciles segment operating income to consolidated income before taxes and equity in earnings (in thousands):
Three Months Ended
March 31,
20252024
Net sales$1,071,526 $1,120,810 
Cost of sales759,157 782,250 
Gross profit312,369 338,560 
Compensation expenses120,369 119,209 
Freight out expenses17,122 17,896 
Other selling and administrative expenses97,340 92,735 
Operating income77,538 108,720 
Reconciliation:
Interest and other non-operating expenses, net11,164 13,419 
Income before income taxes and equity in earnings$66,374 $95,301 

The tables below present supplemental information for our segment (in thousands):
Three Months Ended
March 31,
20252024
Depreciation$9,840 $8,661 
Amortization2,147 2,088 

March 31,
20252024
Receivables, net$146,209 $150,240 
Receivables pledged under receivables facility350,867 376,935 
Product inventories, net1,460,680 1,496,947