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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Sep. 29, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net sales $ 1,881,625 $ 1,721,704 $ 5,777,775 $ 5,303,544
Cost of merchandise sold 1,228,493 1,121,248 3,791,580 3,480,177
Gross profit 653,132 600,456 1,986,195 1,823,367
Selling, general and administrative expenses 454,998 410,276 1,333,457 1,198,126
Depreciation and amortization 44,986 41,927 131,383 122,701
Operating income 153,148 148,253 521,355 502,540
Interest expense, net 4,460 3,752 13,906 9,621
Income before income taxes 148,688 144,501 507,449 492,919
Income tax expense 31,904 52,605 111,943 180,063
Net income $ 116,784 $ 91,896 $ 395,506 $ 312,856
Net income per share – basic $ 0.96 $ 0.73 $ 3.22 $ 2.44
Net income per share – diluted $ 0.95 $ 0.72 $ 3.20 $ 2.43
Weighted average shares outstanding:        
Basic 121,876 126,416 122,818 128,293
Diluted 122,761 126,919 123,570 128,910
Dividends declared per common share outstanding $ 0.31 $ 0.27 $ 0.89 $ 0.78