PC CONNECTION INC
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 7, 2024
CNXN$82.10+2.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Income
| | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|
| · · Years Ended December 31, | ||||||||||
| · 2023 · 2022 · 2021 | ||||||||||
| Net sales | | $2,850,644 | | $3,124,996 | | $2,892,595 | | |||
| Cost of sales | | 2,338,908 | | 2,598,819 | | 2,428,016 | | |||
| Gross profit | | 511,736 | | 526,177 | | 464,579 | | |||
| Selling, general and administrative expenses | | 405,896 | | 405,625 | | 368,062 | | |||
| Restructuring and other charges | | | 2,687 | | | — | | | — | |
| Income from operations | | 103,153 | | 120,552 | | 96,517 | | |||
| Other income, net | | 9,961 | | 1,083 | | 5 | | |||
| Income before taxes | | 113,114 | | 121,635 | | 96,522 | | |||
| Income tax provision | | (29,843) | | (32,416) | | (26,616) | | |||
| Net income | | $83,271 | | $89,219 | | $69,906 | | |||
| | | | | | | | | | | |
| Earnings per common share: | | | | | | | | | | |
| Basic | | $3.17 | | $3.40 | | $2.67 | | |||
| Diluted | | $3.15 | | $3.37 | | $2.65 | | |||
| | | | | | | | | | | |
| Shares used in computation of earnings per common share: | | | | | | | | | | |
| Basic | | 26,287 | | 26,279 | | 26,196 | | |||
| Diluted | | 26,429 | | 26,443 | | 26,364 | | |||
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