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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Income Statement [Abstract]      
Net sales $ 2,945,594 $ 3,212,733 $ 3,486,440
Cost of goods sold 1,549,659 1,740,375 1,824,166
Gross profit 1,395,935 1,472,358 1,662,274
Royalty income, net 21,410 25,820 28,681
Selling, general, and administrative expenses 1,093,940 1,110,007 1,193,876
Intangible asset impairment 0 9,000 0
Operating income 323,405 379,171 497,079
Interest expense 33,973 42,781 60,294
Interest income (4,776) (1,261) (1,096)
Other (income) expense, net (8,034) 975 (409)
Loss on extinguishment of debt 0 19,940 0
Income before income taxes 302,242 316,736 438,290
Income tax provision 69,742 66,698 98,542
Net income $ 232,500 $ 250,038 $ 339,748
Basic net income per common share (in USD per share) $ 6.24 $ 6.34 $ 7.83
Diluted net income per common share (in USD per share) 6.24 6.34 7.81
Dividend declared and paid per common share (in USD per share) $ 3.00 $ 3.00 $ 1.40