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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 27, 2021
Mar. 28, 2020
Cash flows from operating activities:    
Net income $ 181,354 $ 83,777
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 60,054 51,436
Loss/(gain) on disposition of property and equipment 108 (315)
Share-based compensation expense 12,318 6,945
Deferred income taxes 20,158 1,643
Change in assets and liabilities:    
Inventories (301,407) (303,132)
Prepaid expenses and other current assets (12,568) (11,988)
Accounts payable 205,828 244,902
Accrued employee compensation (51,599) (8,609)
Other accrued expenses 55,305 (12,352)
Income taxes 20,288 18,805
Other (12,722) 12,820
Net cash provided by operating activities 177,117 83,932
Cash flows from investing activities:    
Capital expenditures (100,741) (29,648)
Proceeds from sale of property and equipment 222 320
Net cash used in investing activities (100,519) (29,328)
Cash flows from financing activities:    
Borrowings under debt facilities 0 809,000
Repayments under debt facilities 0 (186,500)
Principal payments under finance lease liabilities (1,086) (1,000)
Repurchase of shares to satisfy tax obligations (12,067) (5,407)
Repurchase of common stock (253,409) (263,219)
Net proceeds from issuance of common stock 58,708 10,603
Cash dividends paid to stockholders (60,570) (40,849)
Net cash (used in)/provided by financing activities (268,424) 322,628
Net change in cash and cash equivalents (191,826) 377,232
Cash and cash equivalents at beginning of period 1,341,756 84,241
Cash and cash equivalents at end of period 1,149,930 461,473
Cash paid during the period for:    
Interest 4,216 5,781
Income taxes 2,071 1,358
Supplemental disclosures of non-cash activities:    
Non-cash accruals for construction in progress 10,301 7,046
Increase of operating lease assets and liabilities from new or modified leases 238,494 108,872
Increase of finance lease assets and liabilities from new or modified leases $ 0 $ 1,904