XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 24, 2016
Sep. 26, 2015
Sep. 24, 2016
Sep. 26, 2015
Income Statement [Abstract]        
Net sales $ 1,542,706 $ 1,475,645 $ 4,863,037 $ 4,579,897
Cost of merchandise sold 1,007,432 963,397 3,184,097 2,997,724
Gross profit 535,274 512,248 1,678,940 1,582,173
Selling, general and administrative expenses 357,592 342,891 1,076,180 1,014,209
Depreciation and amortization 35,662 30,149 103,296 90,744
Operating income 142,020 139,208 499,464 477,220
Interest expense, net 1,110 782 4,145 2,480
Income before income taxes 140,910 138,426 495,319 474,740
Income tax expense 51,466 51,114 181,782 176,057
Net income $ 89,444 $ 87,312 $ 313,537 $ 298,683
Net income per share – basic $ 0.67 $ 0.64 $ 2.35 $ 2.20
Net income per share – diluted $ 0.67 $ 0.64 $ 2.33 $ 2.18
Weighted average shares outstanding:        
Basic (in shares) 133,392 135,525 133,529 135,997
Diluted (in shares) 134,256 136,741 134,509 137,292
Dividend Amount Per Share $ 0.24 $ 0.20 $ 0.68 $ 0.56