You should read the table below in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of Operations" and our Consolidated Financial Statements and related notes included in this Annual Report (amounts in thousands, except per share data).
As of and for the Years ended December 31,
2014(1)
2013(2)
2012(3)
2011(4)
2010(5)
Operations data:
Net sales
$
3,549,494
$
3,238,128
$
2,993,489
$
2,797,089
$
2,386,112
Gross profit
2,101,899
1,882,928
1,671,717
1,515,564
1,275,126
Income from operations
999,473
842,361
757,587
660,539
514,294
Net earnings
646,033
538,293
483,360
427,247
322,580
Per share data:
Basic earnings per share
$
6.47
$
5.43
$
4.95
$
4.45
$
3.42
Diluted earnings per share
6.40
5.37
4.86
4.34
3.34
Dividends declared per share
0.8500
0.6950
0.5775
0.4675
0.3950
Balance sheet data:
Working capital (6)
$
884,158
$
730,246
$
159,332
$
561,277
$
458,446
Total assets
8,412,934
8,184,981
7,071,104
5,319,417
5,069,524
Long-term debt, less current portion
2,203,031
2,453,836
1,503,107
1,015,110
1,247,703
Stockholders' equity
4,755,360
4,213,050
3,687,726
3,195,096
2,750,907
(1)
Includes results from the acquisitions of Foodlink Holdings, Inc. from July 2, 2014, Innovative Product Achievements, LLC from August 5, 2014 and Strategic Healthcare Programs Holdings, LLC from August 14, 2014.
(2)
Includes results from the acquisitions of Managed Health Care Associates, Inc. from May 1, 2013 and Advanced Sensors, Ltd. from October 4, 2013.
(3)
Includes results from the acquisition of Sunquest Information Systems, Inc. from August 22, 2012.
(4)
Includes results from the acquisitions of NDI Holding Corp. from June 3, 2011, United Controls Group, Inc. from September 26, 2011 and Trinity Integrated Systems Ltd. from December 1, 2011.
(5)
Includes results from the acquisitions of Heartscape, Inc. from February 22, 2010 and iTradeNetwork, Inc. from July 27, 2010.
(6)
At December 31, 2012, there were $500 million of senior notes outstanding that matured on August 15, 2013, thus requiring a classification as short-term debt, included in working capital.