XML 21 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Income Statement [Abstract]    
Net sales $ 4,277,178 $ 3,097,328
Cost of sales 3,498,751 2,619,594
Gross profit 778,427 477,734
Operating expenses:    
Selling, general, and administrative 322,205 314,228
Depreciation and amortization 28,192 28,901
Amortization of deferred gains on real estate (3,935) (4,008)
Gains from sales of property (8,427) (10,529)
Other operating expenses 2,315 6,901
Total operating expenses 340,350 335,493
Operating income 438,077 142,241
Non-operating expenses (income):    
Interest expense, net 45,507 47,414
Other (income) expense, net (1,306) (254)
Income before provision for income taxes 393,876 95,081
Provision for (benefit from) income taxes 97,743 14,199
Net income $ 296,133 $ 80,882
Basic income (loss) per share (in dollars per share) $ 30.80 $ 8.58
Diluted income (loss) per share (in dollars per share) $ 29.99 $ 8.55
Comprehensive income:    
Net income $ 296,133 $ 80,882
Other comprehensive (loss) income:    
Actuarial gain (loss) on defined benefit plan, net of tax 5,546 (2,202)
Amortization of unrecognized pension gain, net of tax 1,064 788
Other 22 (15)
Total other comprehensive (loss) income 6,632 (1,429)
Comprehensive income $ 302,765 $ 79,453