| Schedule of net sales and operating results by segment |
Information about us by segment is as follows, for the years ended December 31, in thousands:
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Net Sales
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Operating Profit (b)
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2016
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2015
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2014
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2016
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2015
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2014
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Our operations by segment were (a):
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Installation
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$
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1,150,168
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$
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1,057,553
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$
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963,351
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$
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97,140
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$
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55,232
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$
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23,970
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Distribution
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676,672
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646,441
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628,810
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59,654
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55,700
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52,334
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Intercompany eliminations and other adjustments (c)
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(83,990)
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(87,414)
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(80,084)
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(14,388)
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(4,796)
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(13,639)
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Total
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$
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1,742,850
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$
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1,616,580
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$
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1,512,077
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142,406
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106,136
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62,665
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General corporate expense, net (d)
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(20,802)
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(22,605)
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(21,948)
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Operating profit, as reported
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121,604
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83,531
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40,717
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Other expense, net
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(5,331)
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(9,416)
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(12,379)
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Income from continuing operations before income taxes
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$
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116,273
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$
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74,115
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$
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28,338
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Property Additions
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Depreciation and
Amortization
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Total Assets
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2016
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2015
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2014
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2016
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2015
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2014
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2016
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2015
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Our operations by segment were (a):
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Installation
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$
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7,584
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$
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9,802
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$
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9,270
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$
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8,149
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$
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8,371
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$
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22,564
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$
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934,499
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$
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927,303
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Distribution
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3,348
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3,123
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3,871
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3,604
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3,699
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3,515
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584,421
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574,601
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Corporate
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3,433
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1,302
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—
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258
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38
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—
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171,199
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140,345
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Total, as reported
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$
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14,365
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$
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14,227
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$
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13,141
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$
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12,011
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$
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12,108
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$
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26,079
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$
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1,690,119
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$
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1,642,249
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(a)
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All of our operations are located in the United States.
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(b)
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Segment operating profit for year ended December 31, 2016, includes an allocation of general corporate expenses attributable to the operating segments which is based on direct benefit or usage (such as salaries of corporate employees who directly support the segment). Segment operating profit for years ended December 31, 2015 and 2014 include an estimate of general corporate expense calculated based on a percentage of sales. For the years ended December 31, 2015 and 2014, the $7.2 million and $0.5 million differences, respectively, between estimated expense and actual corporate expense, are recorded in intercompany eliminations and other adjustments.
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(c)
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Intercompany eliminations include the elimination of intercompany profit of $14.4 million, $15.6 million, and $14.1 million for the years ended December 31, 2016, 2015, and 2014, respectively. Other adjustments primarily include differences between estimated and actual corporate costs allocated to the segments for years ended December 31, 2015 and 2014, as noted in footnote (b) above.
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(d)
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General corporate expense, net included expenses not specifically attributable to our segments for functions such as corporate human resources, finance, and legal, including salaries, benefits, and other related costs.
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