XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2023
Mar. 26, 2022
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME    
NET SALES $ 1,822,476 $ 2,489,313
COST OF GOODS SOLD 1,464,147 2,010,950
GROSS PROFIT 358,329 478,363
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 194,683 220,150
OTHER LOSSES (GAINS), NET 1,938 (812)
EARNINGS FROM OPERATIONS 161,708 259,025
INTEREST EXPENSE 3,118 3,302
INTEREST AND INVESTMENT (INCOME) LOSS (6,547) 1,093
EQUITY IN LOSS OF INVESTEE 588 515
NON-OPERATING EXPENSE (2,841) 4,910
EARNINGS BEFORE INCOME TAXES 164,549 254,115
INCOME TAXES 38,971 60,984
NET EARNINGS 125,578 193,131
NET LOSS (EARNINGS) ATTRIBUTABLE TO NONCONTROLLING INTEREST 491 (3,428)
NET EARNINGS ATTRIBUTABLE TO CONTROLLING INTEREST $ 126,069 $ 189,703
EARNINGS PER SHARE - BASIC (USD per share) $ 2.01 $ 3.01
EARNINGS PER SHARE - DILUTED (USD per share) $ 1.98 $ 3.00
OTHER COMPREHENSIVE INCOME:    
NET EARNINGS $ 125,578 $ 193,131
OTHER COMPREHENSIVE INCOME 6,252 3,184
COMPREHENSIVE INCOME 131,830 196,315
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST (1,760) (4,377)
COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST $ 130,070 $ 191,938