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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Net sales $ 2,805,419 $ 3,252,749
Cost of sales 1,861,152 1,576,668
Gross profit 944,267 1,676,081
Selling, marketing and administrative expense 558,672 617,981
Business realignment costs 16,374 0
Operating profit 369,221 1,058,100
Interest expense, net 44,622 39,822
Other (income) expense, net 945 32,020
Income before income taxes 323,654 986,258
Provision for income taxes 99,451 188,805
Net income $ 224,203 $ 797,453
Common stock    
Net income per share—basic:    
Net income per share - basic (USD per share) $ 1.14 $ 4.00
Net income per share—diluted:    
Net income per share - diluted (USD per share) 1.10 3.89
Dividends paid per share:    
Dividends paid per share (USD per share) 1.370 1.370
Class B common stock    
Net income per share—basic:    
Net income per share - basic (USD per share) 1.03 3.64
Net income per share—diluted:    
Net income per share - diluted (USD per share) 1.03 3.63
Dividends paid per share:    
Dividends paid per share (USD per share) $ 1.245 $ 1.245