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Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Oct. 08, 2016 | Oct. 10, 2015 | Oct. 08, 2016 | Oct. 10, 2015
Income Statement [Abstract] |  |  |  |
Sales | $ 918,791 | $ 885,302 | $ 3,058,168 | $ 2,920,142
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) | 476,760 | 464,045 | 1,575,905 | 1,507,214
Selling, distribution and administrative expenses | 341,538 | 322,087 | 1,124,473 | 1,064,619
Impairment of assets |  |  |  | 2,275
Pension plan settlement loss | 1,832 |  | 6,473 |
Depreciation and amortization | 32,530 | 29,419 | 108,595 | 99,704
Income from operations | 66,131 | 69,751 | 242,722 | 246,330
Interest expense | 9,440 | 5,992 | 26,157 | 20,349
Interest income | (4,757) | (5,114) | (15,686) | (17,029)
Income before income taxes | 61,448 | 68,873 | 232,251 | 243,010
Income tax expense | 21,232 | 25,077 | 81,517 | 86,065
Net income | $ 40,216 | $ 43,796 | $ 150,734 | $ 156,945
Basic: |  |  |  |
Net income per common share | $ 0.19 | $ 0.21 | $ 0.72 | $ 0.75
Weighted average shares outstanding | 207,402 | 210,842 | 208,649 | 210,318
Diluted: |  |  |  |
Net income per common share | $ 0.19 | $ 0.21 | $ 0.72 | $ 0.74
Weighted average shares outstanding | 208,944 | 213,310 | 210,564 | 212,921
Cash dividends paid per common share | $ 0.1600 | $ 0.1450 | $ 0.4650 | $ 0.4225

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- Definition Amount of net gain (loss) recognized in net periodic benefit cost as a result of an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include, but are not limited to, lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contracts to cover vested benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 30 -Section 15 -Paragraph 6 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=7577095&loc=d3e8001-114927 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h)(7) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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