XML 19 R4.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 25, 2021
Dec. 26, 2020
NET SALES $ 9,626,739 $ 8,636,134 $ 5,153,998
COST OF GOODS SOLD 7,837,278 7,229,167 4,353,702
GROSS PROFIT 1,789,461 1,406,967 800,296
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 832,079 682,253 444,596
OTHER LOSS (GAINS), NET 7,198 (12,840) 9,874
EARNINGS FROM OPERATIONS 950,184 737,554 345,826
INTEREST EXPENSE 13,910 13,814 9,311
INTEREST AND INVESTMENT INCOME (725) (6,498) (4,468)
EQUITY IN LOSS OF INVESTEE 2,183 3,902  
NON-OPERATING EXPENSE 15,368 11,218 4,843
EARNINGS BEFORE INCOME TAXES 934,816 726,336 340,983
INCOME TAXES 229,852 173,972 87,101
NET EARNINGS 704,964 552,364 253,882
LESS NET EARNINGS ATTRIBUTABLE TO NONCONTROLLING INTEREST (12,313) (16,724) (7,104)
NET EARNINGS ATTRIBUTABLE TO CONTROLLING INTEREST $ 692,651 $ 535,640 $ 246,778
EARNINGS PER SHARE - BASIC (USD per share) $ 11.05 $ 8.61 $ 4.00
EARNINGS PER SHARE - DILUTED (USD per share) $ 10.97 $ 8.59 $ 4.00
OTHER COMPREHENSIVE INCOME:      
NET EARNINGS $ 704,964 $ 552,364 $ 253,882
OTHER COMPREHENSIVE LOSS (2,498) (5,296) 5,967
COMPREHENSIVE INCOME 702,466 547,068 259,849
LESS COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST (13,485) (15,039) (9,976)
COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST $ 688,981 $ 532,029 $ 249,873