v3.25.3

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
Net sales	$ 1,393,158	$ 1,373,268	$ 3,923,839	$ 4,017,597
Cost of sales	974,238	951,455	2,759,404	2,784,712
Gross profit	418,920	421,813	1,164,435	1,232,885
Selling, general, and administrative expense	203,910	177,820	552,149	563,992
Operating profit	215,010	243,993	612,286	668,893
Other income (expense), net:
Interest expense	(28,415)	(18,449)	(65,561)	(55,811)
Other, net	3,911	2,355	13,345	24,987
Other expense, net	(24,504)	(16,094)	(52,216)	(30,824)
Income before income taxes	190,506	227,899	560,070	638,069
Income tax expense	(48,280)	(58,939)	(142,857)	(166,005)
Net income	$ 142,226	$ 168,960	$ 417,213	$ 472,064
Net income per common share:
Basic	$ 5.08	$ 5.68	$ 14.65	$ 15.28
Diluted	$ 5.04	$ 5.65	$ 14.56	$ 15.19
Weighted average shares outstanding:
Basic	28,019,746	29,751,713	28,469,514	30,901,788
Diluted	28,204,354	29,925,400	28,653,031	31,083,857

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://www.xbrl.org/2003/role/exampleRef
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Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
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Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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-Subparagraph (SX 210.5-03(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 6: 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

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476148/220-40-50-6

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