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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 25, 2022
Jun. 26, 2021
Jun. 25, 2022
Jun. 26, 2021
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME        
NET SALES $ 2,900,874 $ 2,700,541 $ 5,390,187 $ 4,525,545
COST OF GOODS SOLD 2,397,422 2,279,247 4,408,372 3,817,697
GROSS PROFIT 503,452 421,294 981,815 707,848
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 214,538 184,539 434,688 334,637
OTHER GAINS, NET 3,348 (180) 2,536 (1,211)
EARNINGS FROM OPERATIONS 285,566 236,935 544,591 374,422
INTEREST EXPENSE 3,395 3,899 6,697 7,050
INTEREST AND INVESTMENT LOSS (INCOME) 4,154 (1,689) 5,247 (3,985)
EQUITY IN EARNINGS OF INVESTEE 1,017 835 1,532 1,465
NON-OPERATING (INCOME)/EXPENSE 8,566 3,045 13,476 4,530
EARNINGS BEFORE INCOME TAXES 277,000 233,890 531,115 369,892
INCOME TAXES 69,147 58,530 130,131 90,281
NET EARNINGS 207,853 175,360 400,984 279,611
LESS NET EARNINGS ATTRIBUTABLE TO NONCONTROLLING INTEREST (4,735) (1,978) (8,163) (2,918)
NET EARNINGS ATTRIBUTABLE TO CONTROLLING INTEREST $ 203,118 $ 173,382 $ 392,821 $ 276,693
EARNINGS PER SHARE - BASIC (USD per share) $ 3.24 $ 2.79 $ 6.25 $ 4.46
EARNINGS PER SHARE - DILUTED (USD per share) $ 3.23 $ 2.78 $ 6.22 $ 4.45
OTHER COMPREHENSIVE INCOME:        
NET EARNINGS $ 207,853 $ 175,360 $ 400,984 $ 279,611
OTHER COMPREHENSIVE GAIN (LOSS) (4,383) 2,720 (1,199) 524
COMPREHENSIVE INCOME 203,470 178,080 399,785 280,135
LESS COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST (4,640) (2,698) (9,017) (3,112)
COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST $ 198,830 $ 175,382 $ 390,768 $ 277,023