XML 15 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Income Statement [Abstract]        
Net sales $ 1,751,311 $ 1,543,083 $ 3,259,340 $ 2,746,153
Cost of sales 1,069,682 1,029,221 1,975,030 1,814,123
Gross profit 681,629 513,862 1,284,310 932,030
Selling, general and administrative expenses 464,235 311,729 876,794 681,944
Operating profit 217,394 202,133 407,516 250,086
Other expenses 1,855 4,653 4,416 10,754
Interest expense, net 42,440 41,075 86,900 77,102
Income from continuing operations before income tax expense 173,099 156,405 316,200 162,230
Income tax expense 25,236 19,837 39,933 20,544
Income from continuing operations 147,863 136,568 276,267 141,686
Income (loss) from discontinued operations, net of tax (19,187) 24,613 (410,853) 11,621
Net income (loss) $ 128,676 $ 161,181 $ (134,586) $ 153,307
Earnings (loss) per share, basic [Abstract]        
Continuing operations $ 0.42 $ 0.39 $ 0.79 $ 0.40
Discontinued operations (0.05) 0.07 (1.17) 0.03
Net income (loss) 0.37 0.46 (0.38) 0.43
Earnings (loss) per share, diluted [Abstract]        
Continuing operations 0.42 0.39 0.79 0.40
Discontinued operations (0.05) 0.07 (1.17) 0.03
Net income (loss) $ 0.37 $ 0.46 $ (0.38) $ 0.43