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QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA (UNAUDITED) QUARTERLY FINANCIAL DATA (UNAUDITED)
Selected quarterly financial data for the years ended December 31, 2021 and 2020 is as follows: 
(thousands except per share data) 1Q 2Q 3Q 4Q 2021
Net sales $ 850,483  $ 1,019,953  $ 1,060,177  $ 1,147,479  $ 4,078,092 
Gross profit 161,532  204,477  208,161  227,024  801,194 
Net income 47,513  58,985  57,397  61,020  224,915 
Net income per common share(1)
Basic $ 2.09  $ 2.57  $ 2.52  $ 2.69  $ 9.87 
Diluted 2.04  2.52  2.45  2.62  9.63 
Cash dividends paid per common share $ 0.28  $ 0.28  $ 0.28  $ 0.33  $ 1.17 
(thousands except per share data) 1Q 2Q 3Q 4Q 2020
Net sales $ 589,232  $ 424,045  $ 700,707  $ 772,613  $ 2,486,597 
Gross profit 109,481  73,721  133,497  142,318  459,017 
Net income 21,187  714  37,336  37,824  97,061 
Net income per common share(1)
Basic $ 0.92  $ 0.03  $ 1.65  $ 1.68  $ 4.27 
Diluted 0.91  0.03  1.62  1.64  4.20 
Cash dividends paid per common share $ 0.25  $ 0.25  $ 0.25  $ 0.28  $ 1.03 
(1) Basic and diluted net income per common share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted net income per common share information may not equal annual basic and diluted net income per common share.