Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Product sales $ 3,476,926 $ 2,944,722 $ 2,337,493
Shipping & handling revenues 595,404 509,815 396,733
Net sales 4,072,330 3,454,537 2,734,226
Cost of sales 812,583 680,084 558,811
Gross profit 3,259,747 2,774,453 2,175,415
Royalty overrides 1,338,633 1,137,560 900,248
Selling, general and administrative expenses 1,259,667 1,074,623 887,655
Operating income 661,447 562,270 387,512
Interest expense 16,736 9,864 9,664
Interest income 6,195 7,373 2,247
Income before income taxes 650,906 559,779 380,095
Income taxes 173,716 147,201 80,880
NET INCOME $ 477,190 $ 412,578 $ 299,215
Earnings per share      
Basic $ 4.25 $ 3.51 $ 2.51
Diluted $ 4.05 $ 3.30 $ 2.37
Weighted average shares outstanding      
Basic 112,359 117,540 119,004
Diluted 117,856 124,846 126,495