Item 8.

FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

CONSOLIDATED STATEMENTS OF INCOME

(Dollar amounts in thousands except per share amounts)

		Year Ended December 31,
		2015				2014				2013
Net sales		$	2,972,901			$	3,424,809			$	3,439,233
Cost of products sold			2,355,451				2,852,051				2,923,042
Gross profit			617,450				572,758				516,191
Selling, general and administrative expense			262,970				272,300				275,477
Operating profit			354,480				300,458				240,714
Interest expense			(23,820	)			(28,138	)			(27,906	)
Interest income			2,211				1,500				810
Gain on sale of interest in subsidiary							77,471
Other non-operating income (expense)			1,157				(2,772	)			(647	)
Income before income taxes			334,028				348,519				212,971
Provision for income taxes			118,224				111,697				79,406
Net income			215,804				236,822				133,565

Perform an analysis of a company's liquidity using at least five liquidity ratios from the book. Following the quantitative analysis, provide a qualitative report of the company's liquidity.

Sorry, I will upload separately, because it won't let me update to the same page.