XML 33 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Sep. 27, 2014
Sep. 28, 2013
Income Statement [Abstract]        
Net sales $ 1,359,950 $ 1,208,090 $ 4,127,461 $ 3,749,695
Cost of merchandise sold 895,881 792,424 2,716,641 2,475,798
Gross profit 464,069 415,666 1,410,820 1,273,897
Selling, general and administrative expenses 312,669 287,859 914,528 833,269
Depreciation and amortization 29,387 26,137 84,521 73,056
Operating income 122,013 101,670 411,771 367,572
Interest expense, net 505 350 1,267 1,085
Income before income taxes 121,508 101,320 410,504 366,487
Income tax expense 44,905 36,553 151,681 134,134
Net income $ 76,603 $ 64,767 $ 258,823 $ 232,353
Net income per share - basic (in dollars per share) $ 0.56 $ 0.46 $ 1.87 $ 1.67
Net income per share - diluted (in dollars per share) $ 0.55 $ 0.46 $ 1.85 $ 1.64
Weighted average shares outstanding        
Basic (in shares) 137,367 139,524 138,293 139,304
Diluted (in shares) 138,863 141,726 140,002 141,689
Dividends declared per common share outstanding (in dollars per share) $ 0.16 $ 0.13 $ 0.45 $ 0.36