CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| CONDENSED CONSOLIDATED STATEMENTS OF INCOME | ||||
| NET SALES | $ 2,537,473 | $ 2,111,593 | $ 4,890,764 | $ 3,966,150 |
| COST OF SALES | 1,117,839 | 935,180 | 2,177,781 | 1,741,775 |
| GROSS PROFIT | 1,419,634 | 1,176,413 | 2,712,983 | 2,224,375 |
| OPERATING EXPENSES | 679,192 | 544,791 | 1,242,582 | 1,023,008 |
| OPERATING INCOME | 740,442 | 631,622 | 1,470,401 | 1,201,367 |
| INTEREST and OTHER INCOME, net | 27,827 | 15,065 | 47,997 | 23,337 |
| INCOME BEFORE PROVISION FOR INCOME TAXES | 768,269 | 646,687 | 1,518,398 | 1,224,704 |
| PROVISION FOR INCOME TAXES | 183,729 | 157,893 | 364,373 | 292,917 |
| NET INCOME | $ 584,540 | $ 488,794 | $ 1,154,025 | $ 931,787 |
| NET INCOME PER COMMON SHARE: | ||||
| Basic (in dollar per share) | $ 0.6 | $ 0.5 | $ 1.18 | $ 0.96 |
| Diluted (in dollar per share) | $ 0.59 | $ 0.5 | $ 1.17 | $ 0.95 |
| WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS: | ||||
| Basic (in shares) | 978,662 | 975,749 | 978,487 | 974,691 |
| Diluted (in shares) | 988,479 | 983,997 | 988,456 | 982,748 |
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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/exampleRef
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- References No definition available.
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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/2009/role/commonPracticeRef
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- Definition The amount of net income (loss) from continuing operations 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) derived from continuing operations during 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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- References No definition available.
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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, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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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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- 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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- 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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- References No definition available.
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