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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Income Statement [Abstract]    
Net sales $ 1,959,188 $ 1,822,220
Cost of merchandise sold 1,297,939 1,207,236
Gross profit 661,249 614,984
Depreciation and amortization 51,436 45,767
Selling, general and administrative expenses 497,275 465,809
Operating income 112,538 103,408
Interest expense, net 5,049 4,930
Income before income taxes 107,489 98,478
Income tax expense 23,712 21,646
Net income $ 83,777 $ 76,832
Net income per share – basic $ 0.72 $ 0.63
Net income per share – diluted $ 0.71 $ 0.63
Weighted average shares outstanding:    
Basic 116,738 121,211
Diluted 117,432 122,152
Dividends declared per common share outstanding $ 0.35 $ 0.31