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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 24, 2022
Sep. 30, 2023
Sep. 24, 2022
Income Statement [Abstract]        
Net sales $ 3,411,980 $ 3,270,804 $ 10,895,900 $ 10,198,342
Cost of merchandise sold 2,161,501 2,104,989 6,960,744 6,589,763
Gross profit 1,250,479 1,165,815 3,935,156 3,608,579
Selling, general and administrative expenses 819,311 772,167 2,500,704 2,284,604
Depreciation and amortization 90,263 87,236 289,775 248,242
Operating income 340,905 306,412 1,144,677 1,075,733
Interest expense, net 9,539 6,226 34,562 20,392
Income before income taxes 331,366 300,186 1,110,115 1,055,341
Income tax expense 76,365 66,049 250,792 237,499
Net income $ 255,001 $ 234,137 $ 859,323 $ 817,842
Net income per share – basic $ 2.34 $ 2.11 $ 7.85 $ 7.32
Net income per share – diluted $ 2.33 $ 2.10 $ 7.81 $ 7.27
Weighted average shares outstanding:        
Basic 108,774 110,861 109,415 111,660
Diluted 109,342 111,560 110,055 112,461
Dividends declared per common share outstanding $ 1.03 $ 0.92 $ 3.09 $ 2.76