v3.25.3

Condensed Consolidated Statements Of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Income Statement [Abstract]
Net sales	$ 1,036,477	$ 915,497	$ 3,189,317	$ 2,938,070
Cost of sales	783,864	695,539	2,414,934	2,227,761
Gross profit	252,613	219,958	774,383	710,309
Selling, general and administrative expenses	177,174	166,070	529,823	508,206
Operating profit	75,439	53,888	244,560	202,103
Interest expense, net	10,323	6,516	26,003	23,799
Loss on extinguishment of debt	806	0	8,859	0
Gain on sale of real estate	(19,716)	0	(19,716)	0
Income before income taxes	84,026	47,372	229,414	178,304
Provision for income taxes	21,533	11,760	59,848	44,984
Net income	$ 62,493	$ 35,612	$ 169,566	$ 133,320
Net income per common share:
Basic (in usd per share)	$ 2.56	$ 1.40	$ 6.79	$ 5.24
Diluted (in usd per share)	$ 2.55	$ 1.39	$ 6.78	$ 5.23
Weighted average common shares outstanding:
Basic (in shares)	24,389	25,480	24,978	25,436
Diluted (in shares)	24,466	25,558	25,004	25,477

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

LCI INDUSTRIES 10-Q