XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 25, 2021
Sep. 26, 2020
Sep. 25, 2021
Sep. 26, 2020
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME        
NET SALES $ 2,093,784 $ 1,486,227 $ 6,619,329 $ 3,760,290
COST OF GOODS SOLD 1,766,229 1,245,153 5,583,926 3,147,049
GROSS PROFIT 327,555 241,074 1,035,403 613,241
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 169,467 134,649 504,104 357,770
OTHER GAINS, NET (10,037) (176) (11,248) (2,120)
EARNINGS FROM OPERATIONS 168,125 106,601 542,547 257,591
INTEREST EXPENSE 3,433 2,486 10,483 6,291
INTEREST AND INVESTMENT LOSS (INCOME) 371 (1,565) (3,614) (1,623)
EQUITY IN EARNINGS OF INVESTEE 946   2,411  
NON-OPERATING (INCOME)/EXPENSE 4,750 921 9,280 4,668
EARNINGS BEFORE INCOME TAXES 163,375 105,680 533,267 252,923
INCOME TAXES 37,628 26,819 127,909 63,798
NET EARNINGS 125,747 78,861 405,358 189,125
LESS NET EARNINGS ATTRIBUTABLE TO NONCONTROLLING INTEREST (4,706) (1,657) (7,624) (5,299)
NET EARNINGS ATTRIBUTABLE TO CONTROLLING INTEREST $ 121,041 $ 77,204 $ 397,734 $ 183,826
EARNINGS PER SHARE - BASIC (USD per share) $ 1.94 $ 1.25 $ 6.40 $ 2.98
EARNINGS PER SHARE - DILUTED (USD per share) $ 1.94 $ 1.25 $ 6.38 $ 2.98
OTHER COMPREHENSIVE INCOME:        
NET EARNINGS $ 125,747 $ 78,861 $ 405,358 $ 189,125
OTHER COMPREHENSIVE GAIN (LOSS) (2,024) 1,687 (1,500) (4,030)
COMPREHENSIVE INCOME 123,723 80,548 403,858 185,095
LESS COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST (4,496) (1,922) (7,608) (3,354)
COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST $ 119,227 $ 78,626 $ 396,250 $ 181,741