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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Cash flows from operating activities:    
Net income $ 198,167 $ 183,088
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 104,293 97,233
Loss/(gain) on disposition of property and equipment 1,305 (139)
Share-based compensation expense 14,448 14,514
Deferred income taxes 9,137 45,675
Change in assets and liabilities:    
Inventories (402,865) (321,115)
Prepaid expenses and other current assets 4,320 10,166
Accounts payable 335,878 128,252
Accrued employee compensation (68,598) (98,796)
Other accrued expenses 20,193 (39,243)
Income taxes 41,792 191
Other (662) (272)
Net cash provided by operating activities 257,408 19,554
Cash flows from investing activities:    
Capital expenditures (157,199) (157,943)
Proceeds from sale of property and equipment 4,943 259
Net cash used in investing activities (152,256) (157,684)
Cash flows from financing activities:    
Borrowings under debt facilities 150,000 747,000
Repayments under debt facilities (150,000) (310,000)
Principal payments under finance lease liabilities (1,203) (1,631)
Repurchase of shares to satisfy tax obligations (22,001) (21,643)
Repurchase of common stock (117,843) (183,196)
Net proceeds from issuance of common stock 21,718 8,623
Cash dividends paid to stockholders (118,809) (113,447)
Net cash (used in)/provided by financing activities (238,138) 125,706
Net decrease in cash and cash equivalents (132,986) (12,424)
Cash and cash equivalents at beginning of period 397,071 202,502
Cash and cash equivalents at end of period 264,085 190,078
Cash paid during the period for:    
Interest 3,903 9,274
Income taxes 1,775 1,955
Supplemental disclosures of non-cash activities:    
Non-cash accruals for property and equipment 65,821 45,178
Increase of operating lease assets and liabilities from new or modified leases 139,094 84,740
Increase of finance lease assets and liabilities from new or modified leases $ 0 $ 450