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Analyze the following income statment: Consolidated Statements of Earnings - USD ($) $ in Thousands 12 Months Ended Dec. 31, 2016 Dec. 31, 2015 Dec.
Analyze the following income statment:
Consolidated Statements of Earnings - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Income Statement [Abstract] | |||
Net sales | $ 16,208,122 | $ 16,439,276 | $ 21,105,141 |
Costs, expenses and other: | |||
Cost of products sold (Notes 2, 6 and 20) | 14,182,215 | 15,325,386 | 19,255,904 |
Marketing, administrative and other expenses (Note 20) | 596,761 | 458,989 | 520,805 |
Equity in earnings of unconsolidated affiliates | (38,757) | (5,329) | (13,505) |
Impairments and losses on assets (Notes 7, 9 and 24) | 244,833 | 25,393 | |
Interest expense, net (Notes 7, 18 and 19) | 169,244 | 173,531 | 169,256 |
Costs, expenses and other, total | 14,909,463 | 16,197,410 | 19,957,853 |
Earnings before income taxes and noncontrolling interests | 1,298,659 | 241,866 | 1,147,288 |
Provision for income taxes (Notes 2, 19 and 24) | 398,243 | 48,836 | 368,724 |
Net earnings (Note 2) | 900,416 | 193,030 | 778,564 |
Earnings attributable to noncontrolling interests (Notes 2 and 6) | 104,145 | 112,306 | 99,227 |
Net earnings attributable to Nucor stockholders (Note 2) | $ 796,271 | $ 80,724 | $ 679,337 |
Net earnings per share (Note 2 and 21): | |||
Basic | $ 2.48 | $ 0.25 | $ 2.12 |
Diluted | $ 2.48 | $ 0.25 | $ 2.11 |
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