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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jun. 25, 2022
Jul. 01, 2023
Jun. 25, 2022
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME        
NET SALES $ 2,043,918 $ 2,900,874 $ 3,866,394 $ 5,390,187
COST OF GOODS SOLD 1,643,851 2,397,422 3,107,998 4,408,372
GROSS PROFIT 400,067 503,452 758,396 981,815
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 204,703 214,538 399,386 434,688
OTHER LOSSES (GAINS), NET 1,867 3,348 3,805 2,536
EARNINGS FROM OPERATIONS 193,497 285,566 355,205 544,591
INTEREST EXPENSE 3,275 3,395 6,393 6,697
INTEREST AND INVESTMENT (INCOME) LOSS (7,717) 4,154 (14,264) 5,247
EQUITY IN LOSS OF INVESTEE 417 1,017 1,005 1,532
NON-OPERATING EXPENSE (4,025) 8,566 (6,866) 13,476
EARNINGS BEFORE INCOME TAXES 197,522 277,000 362,071 531,115
INCOME TAXES 46,734 69,147 85,705 130,131
NET EARNINGS 150,788 207,853 276,366 400,984
NET (EARNINGS) LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST (27) (4,735) 464 (8,163)
NET EARNINGS ATTRIBUTABLE TO CONTROLLING INTEREST $ 150,761 $ 203,118 $ 276,830 $ 392,821
EARNINGS PER SHARE - BASIC (USD per share) $ 2.40 $ 3.24 $ 4.41 $ 6.25
EARNINGS PER SHARE - DILUTED (USD per share) $ 2.36 $ 3.23 $ 4.35 $ 6.22
OTHER COMPREHENSIVE INCOME:        
NET EARNINGS $ 150,788 $ 207,853 $ 276,366 $ 400,984
OTHER COMPREHENSIVE INCOME (LOSS) 4,478 (4,383) 10,730 (1,199)
COMPREHENSIVE INCOME 155,266 203,470 287,096 399,785
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST (1,721) (4,640) (3,481) (9,017)
COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST $ 153,545 $ 198,830 $ 283,615 $ 390,768