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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (Unaudited)        
NET SALES $ 1,649,383 $ 1,827,637 $ 5,190,308 $ 5,694,031
COST OF GOODS SOLD 1,350,971 1,463,237 4,203,075 4,571,235
GROSS PROFIT 298,412 364,400 987,233 1,122,796
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 183,341 195,649 578,555 595,035
OTHER (GAINS) LOSSES, NET (4,855) 1,419 (4,105) 5,224
EARNINGS FROM OPERATIONS 119,926 167,332 412,783 522,537
INTEREST EXPENSE 2,956 3,205 9,259 9,598
INTEREST AND INVESTMENT INCOME (17,217) (9,390) (46,925) (23,654)
EQUITY IN LOSS OF INVESTEE 77 8 1,313 1,013
INTEREST AND OTHER (14,184) (6,177) (36,353) (13,043)
EARNINGS BEFORE INCOME TAXES 134,110 173,509 449,136 535,580
INCOME TAXES 32,491 39,326 100,186 125,031
NET EARNINGS 101,619 134,183 348,950 410,549
NET (EARNINGS) LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST (1,819) (148) (2,429) 316
NET EARNINGS ATTRIBUTABLE TO CONTROLLING INTEREST $ 99,800 $ 134,035 $ 346,521 $ 410,865
EARNINGS PER SHARE - BASIC (USD per share) $ 1.64 $ 2.14 $ 5.66 $ 6.55
EARNINGS PER SHARE - DILUTED (USD per share) $ 1.64 $ 2.10 $ 5.65 $ 6.45
OTHER COMPREHENSIVE INCOME:        
NET EARNINGS $ 101,619 $ 134,183 $ 348,950 $ 410,549
OTHER COMPREHENSIVE INCOME (LOSS) 792 (3,761) (8,318) 6,969
COMPREHENSIVE INCOME 102,411 130,422 340,632 417,518
COMPREHENSIVE (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST (1,032) 820 397 (2,661)
COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST $ 101,379 $ 131,242 $ 341,029 $ 414,857