Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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| Net sales: | ||||||
| Total net sales | $ 9,175,840 | $ 10,431,191 | $ 9,436,113 | |||
| Costs of goods sold: | ||||||
| Total costs of goods sold | 7,506,315 | 8,794,624 | 7,988,556 | |||
| Gross profit | 1,669,525 | 1,636,567 | 1,447,557 | | ||
| Operating expenses: | | |||||
| Selling and administrative expenses | 1,236,243 | 1,216,660 | 1,117,130 | | ||
| Severance and restructuring expenses, net | 6,091 | 4,235 | (1,634) | | ||
| Acquisition and integration related expenses | 7,396 | 1,972 | 0 | | | |
| Total Operating Expenses | 1249730.0 | 1222867.0 | 1115496.0 | 0 | 0 | |
| Earnings from operations | 419,795 | 413,700 | 332,061 | | ||
| Non-operating (income) expense: | | |||||
| Interest expense, net | 41,124 | 39,497 | 40,516 | | ||
| Total Other Income Expenses | 41941.0 | 39267.0 | 39504.0 | 0.0 | 0 | |
| Other expense (income), net | 817 | (230) | (1,012) | | | |
| Earnings before income taxes | 377,854 | 374,433 | 292,557 | | ||
| Income tax expense | 96,545 | 93,825 | 73,212 | | ||
| Net earnings | $ 281,309 | $ 280,608 | $ 219,345 | | ||
| Net earnings per share: | ||||||
| Basic (in dollars per share) | $ 8.53 | $ 8.04 | $ 6.27 | |||
| Diluted (in dollars per share) | $ 7.55 | $ 7.66 | $ 5.95 | |||
| Shares used in per share calculations: | ||||||
| Basic (in shares) | 32,991 | 34,903 | 35,011 | |||
| Diluted (in shares) | 37,241 | 36,620 | 36,863 | |||
| Products | ||||||
| Net sales: | ||||||
| Total net sales | $ 7,631,388 | $ 8,947,787 | $ 8,120,127 | |||
| Costs of goods sold: | ||||||
| Total costs of goods sold | 6,859,178 | 8,111,252 | 7,380,908 | |||
| Gross profit | 772,210 | 836,535 | 739,219 | |||
| Services | ||||||
| Net sales: | ||||||
| Total net sales | 1,544,452 | 1,483,404 | 1,315,986 | |||
| Costs of goods sold: | ||||||
| Total costs of goods sold | 647,137 | 683,372 | 607,648 | |||
| Gross profit | $ 897,315 | $ 800,032 | $ 708,338 | |||
| X | ||||||||||
- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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