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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 25, 2021
Sep. 26, 2020
Sep. 25, 2021
Sep. 26, 2020
Income Statement [Abstract]        
Net sales $ 3,017,926 $ 2,606,572 $ 9,411,821 $ 7,742,087
Cost of merchandise sold 1,932,616 1,658,615 6,055,246 4,976,068
Gross profit 1,085,310 947,957 3,356,575 2,766,019
Selling, general and administrative expenses 718,261 641,129 2,148,200 1,794,924
Depreciation and amortization 69,824 54,651 194,731 158,634
Operating income 297,225 252,177 1,013,644 812,461
Interest expense, net 6,146 7,208 20,068 20,695
Income before income taxes 291,079 244,969 993,576 791,766
Income tax expense 66,679 54,359 217,800 178,701
Net income $ 224,400 $ 190,610 $ 775,776 $ 613,065
Net income per share – basic $ 1.96 $ 1.64 $ 6.74 $ 5.27
Net income per share – diluted $ 1.95 $ 1.62 $ 6.68 $ 5.23
Weighted average shares outstanding:        
Basic 114,223 116,339 115,170 116,330
Diluted 115,193 117,745 116,170 117,330
Dividends declared per common share outstanding $ 0.52 $ 0.40 $ 1.56 $ 1.10