POOL CORP (POOL) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-05-18	Dec-31-17	Dec-31-16
	10-K	10-K	10-K	10-K	10-K	8-K	10-K	10-K
Net sales	6,179.7	5,295.6	3,936.6	3,199.5	2,998.1	2,998.1	2,788.2	2,570.8
Net sales growth	16.7%	34.5%	23.0%	6.7%	7.5%		8.5%	8.8%
Cost of sales	4,246.3	3,678.5	2,805.7	2,274.6	2,127.9	2,127.9	1,982.9	1,829.7
Gross profit	1,933.4	1,617.1	1,130.9	924.9	870.2	870.2	805.3	741.1
Gross margin	31.3%	30.5%	28.7%	28.9%	29.0%	29.0%	28.9%	28.8%
Selling and administrative expenses	907.0	786.8	659.9	583.7	556.3	556.3	520.9	485.2
Operating income	1,025.8	832.8	464.0	341.2	313.9	313.9	284.4	255.9
Operating margin	16.6%	15.7%	11.8%	10.7%	10.5%	10.5%	10.2%	10.0%
Interest and other non-operating expenses, net	40.9	8.6	12.4	23.8	20.9		15.2	-14.5
Income before income taxes and equity earnings	984.9	824.1	451.7	317.5	293.0	293.0	269.2	241.4
Provision for income taxes	236.8	173.8	85.2	56.2	58.8	58.8	78.0	92.9
Tax rate	24.0%	21.1%	18.9%	17.7%	20.1%	20.1%	29.0%	38.5%
Equity earnings in unconsolidated investments, net	0.4	0.3	0.3	0.3	0.2	0.2	0.1	0.2
Net income	748.5	650.6	366.7	261.6	234.5	234.5	191.6	149.0

Earnings per share:
Basic (in dollars per share)	$18.89	$16.21	$9.14	$6.57	$5.82	$5.82	$4.69	$3.56
Diluted (in dollars per share)	$18.70	$15.97	$8.97	$6.40	$5.62	$5.62	$4.51	$3.47

Weighted average shares outstanding: [Abstract]
Basic (in shares)	39.4	39.9	40.1	39.8	40.3	40.3	40.8	41.9
Diluted (in shares)	39.8	40.5	40.9	40.9	41.7	41.7	42.4	43.0

Cash dividends declared per common share	$3.80	$2.98	$2.29	$2.10	$1.72	$1,720.00	$1.42	$1.19