Quarterly report pursuant to Section 13 or 15(d)

CONSLIDATED STATEMENT OF OPERATIONS

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CONSLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 474,458 $ 431,589 $ 915,821 $ 845,613
Cost of sales 357,849 333,901 697,584 658,470
Gross profit 116,609 97,688 218,237 187,143
Selling, general, and administrative expense (exclusive of significant legal settlement, shown separately below) 75,813 70,898 150,904 140,586
Significant legal settlement     30,000  
Operating profit 40,796 26,790 37,333 46,557
Other income (expense), net:        
Interest expense (1,918) (1,371) (3,288) (3,044)
Loss on extinguishment of debt (1,086)   (1,086)  
Other, net 105 61 212 136
Other expense, net (2,899) (1,310) (4,162) (2,908)
Income from continuing operations before income taxes 37,897 25,480 33,171 43,649
Income tax expense from continuing operations (14,437) (9,865) (11,422) (16,918)
Income from continuing operations 23,460 15,615 21,749 26,731
Net income $ 23,460 $ 15,615 $ 21,749 $ 26,731
Basic:        
Income from continuing operations $ 0.64 $ 0.41 $ 0.59 $ 0.71
Net income 0.64 0.41 0.59 0.71
Diluted:        
Income from continuing operations 0.63 0.41 0.58 0.70
Net income $ 0.63 $ 0.41 $ 0.58 $ 0.70