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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 24, 2016
Sep. 26, 2015
Cash flows from operating activities:    
Net income $ 313,537 $ 298,683
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 103,296 90,744
Loss on disposition of property and equipment 219 115
Share-based compensation expense 17,326 14,837
Excess tax benefit of stock options exercised (11,637) (16,994)
Deferred income taxes 2,002 (22,799)
Change in assets and liabilities:    
Inventories (205,559) (299,112)
Prepaid expenses and other current assets 19,530 1,622
Accounts payable 56,765 156,320
Accrued employee compensation (25,059) (9,607)
Other accrued expenses 2,626 882
Income taxes (6,384) 22,813
Other 7,336 5,950
Net cash provided by operating activities 273,998 243,454
Cash flows from investing activities:    
Capital expenditures (167,161) (163,468)
Proceeds from sale of property and equipment 366 371
Net cash used in investing activities (166,795) (163,097)
Cash flows from financing activities:    
Borrowings under senior credit facility 695,000 525,000
Repayments under senior credit facility 550,000 335,000
Debt issuance costs (1,380) 0
Excess tax benefit of stock options exercised 11,637 16,994
Principal payments under capital lease obligations (823) (318)
Repurchase of shares to satisfy tax obligations (843) (2,998)
Repurchase of common stock (215,692) (243,956)
Net proceeds from issuance of common stock 37,421 36,354
Cash dividends paid to stockholders (90,829) (76,215)
Net cash used in financing activities (115,509) (80,139)
Net change in cash and cash equivalents (8,306) 218
Cash and cash equivalents at beginning of period 63,813 51,134
Cash and cash equivalents at end of period 55,507 51,352
Cash paid during the period for:    
Interest 3,445 1,694
Income taxes 184,817 175,485
Supplemental disclosures of non-cash activities:    
Property and equipment acquired through capital lease 10,493 6,434
Non-cash accruals for construction in progress $ 17,727 $ 23,731