Segment Information (Tables)

9 Months Ended

Sep. 30, 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				Nine Months Ended
	September 30,				September 30,
	2025		2024		2025		2024
Net sales	$	1,451,131	$	1,432,879	$	4,307,187	$	4,323,474
Cost of sales		1,021,948		1,016,476		3,030,474		3,038,370
Gross profit		429,183		416,403		1,276,713		1,285,104
Compensation expenses		127,737		119,855		383,921		370,019
Freight out expenses		24,801		27,109		70,573		73,334
Other selling and administrative expenses		98,658		93,086		294,024		285,197
Operating income		177,987		176,353		528,195		556,554
Reconciliation:
Interest and other non-operating expenses, net		12,004		12,355		35,387		39,818
Income before income taxes and equity in earnings	$	165,983	$	163,998	$	492,808	$	516,736

The tables below present supplemental information for our segment (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2025		2024		2025		2024
Depreciation	$	10,634	$	9,257	$	30,438	$	26,848
Amortization		2,286		2,313		6,598		6,514

	September 30,
	2025		2024
Receivables, net	$	138,072	$	119,538
Receivables pledged under receivables facility		305,537		306,155
Product inventories, net		1,223,809		1,180,491