Selected Quarterly Financial Data

12 Months Ended

Sep. 28, 2019

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.



	1st			2nd		3rd			4th
	Quarter			Quarter		Quarter			Quarter		Total
	(amounts in thousands except earnings per common share)
2019
Net sales	$	1,061,837		$	1,001,844	$	1,062,262		$	1,076,091	$	4,202,034
Gross profit		258,411			244,301		258,940			260,348		1,022,000
Net income		22,152			15,000		23,510			20,918		81,580
Basic earnings per common share
Class A		1.12			0.76		1.19			1.07		4.14
Class B		1.02			0.69		1.08			0.97		3.76
Diluted earnings per common share
Class A		1.09			0.74		1.16			1.04		4.03
Class B		1.02			0.69		1.08			0.97		3.76
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

(1)

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

(2)

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