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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Sales [1] $ 8,562,631 $ 6,606,494 $ 16,948,550 $ 12,987,911
Cost of sales 7,562,526 5,856,031 15,018,335 11,509,057
Gross profit 1,000,105 750,463 1,930,215 1,478,854
Operating expenses:        
Selling, general, and administrative expenses 602,084 501,470 1,176,651 1,035,309
Depreciation and amortization 48,539 46,812 98,870 93,922
Impairments 4,482 4,918 4,482 4,918
Restructuring, integration, and other charges 4,478 650 10,187 9,788
Total operating expenses 659,583 553,850 1,290,190 1,143,937
Operating income 340,522 196,613 640,025 334,917
Equity in earnings (losses) of affiliated companies 190 (283) 1,034 247
Gain (loss) on investments, net 6,726 10,901 9,519 (5,909)
Employee benefit plan expense, net (1,438) (1,173) (2,668) (2,282)
Interest and other financing expense, net (30,685) (31,867) (64,341) (75,135)
Income before income taxes 315,315 174,191 583,569 251,838
Provision for income taxes 74,113 40,854 135,139 68,746
Consolidated net income 241,202 133,337 448,430 183,092
Noncontrolling interests 561 533 1,468 785
Net income attributable to shareholders $ 240,641 $ 132,804 $ 446,962 $ 182,307
Net income per share:        
Basic $ 3.27 $ 1.69 $ 6.02 $ 2.29
Diluted [2] $ 3.23 $ 1.68 $ 5.94 $ 2.28
Weighted-average shares outstanding:        
Basic 73,693 78,677 74,294 79,527
Diluted 74,611 79,226 75,197 80,113
Corporate        
Operating expenses:        
Operating income [3] $ (67,613) $ (58,144) $ (134,852) $ (127,040)
[1] Includes sales related to the United States of $2,830,071 and $5,328,069 for the second quarter and first six months of 2021 and $2,463,885 and $4,875,972 for the second quarter and first six months of 2020, respectively.
[2] Stock-based compensation awards for the issuance of 2,903 and 1,741 shares for the second quarter and first six months of 2021 and 1,625 and 1,471 shares for the second quarter and first six months of 2020, respectively, were excluded from the computation of net income per share on a diluted basis as their effect was anti-dilutive.
[3] Corporate operating income includes restructuring, integration, and other charges of $4,478 and $10,187 for the second quarter and first six months of 2021 and $650 and $9,788 for the second quarter and first six months of 2020, respectively.