Selected Quarterly Financial Data

12 Months Ended

Sep. 29, 2018

Selected Quarterly Financial Data [Abstract]

12. Selected Quarterly Financial Data (Unaudited)

The following is a summary of unaudited financial data regarding the Company’s quarterly results of operations. Each of the quarters in the two fiscal years presented contains thirteen weeks, except for the fourth quarter of fiscal 2017 which contained fourteen weeks.



	1st			2nd		3rd			4th
	Quarter			Quarter		Quarter			Quarter		Total
	(amounts in thousands except earnings per common share)
2018
Net sales	$	1,013,786		$	984,562	$	1,034,769		$	1,059,688	$	4,092,805
Gross profit		244,660			235,188		243,891			256,430		980,169
Net income		45,147	(1)		9,295		24,484	(2)		18,439		97,365
Basic earnings per common share
Class A		2.29			0.47		1.24			0.94		4.94
Class B		2.08			0.43		1.13			0.85		4.49
Diluted earnings per common share
Class A		2.23			0.46		1.21			0.91		4.81
Class B		2.08			0.43		1.13			0.85		4.49

2017
Net sales	$	982,758		$	946,152	$	984,398		$	1,089,392	$	4,002,700
Gross profit		237,084			228,085		237,134			261,290		963,593
Net income		13,824			9,151		11,527			19,372		53,874
Basic earnings per common share
Class A		0.70			0.47		0.58			0.99		2.74
Class B		0.64			0.42		0.53			0.90		2.49
Diluted earnings per common share
Class A		0.68			0.45		0.57			0.96		2.66
Class B		0.64			0.42		0.53			0.90		2.49

(1) Includes $26.7 million income tax benefit from the Tax Act.

(2) Includes $10.6 million income tax benefit from the Tax Act.