XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Income Statement [Abstract]        
Net sales $ 1,060,761 $ 970,842 $ 3,602,445 $ 3,304,224
Cost of sales 871,385 817,515 2,920,610 2,719,333
Gross profit 189,376 153,327 681,835 584,891
Operating expenses (income):        
Selling, general, and administrative 91,678 76,176 274,305 238,746
Depreciation and amortization 6,688 6,884 19,952 21,429
Amortization of deferred gains on real estate (983) (984) (2,951) (2,951)
Gains from sales of property 0 0 (144) (1,287)
Other operating expenses 1,267 212 2,731 1,197
Total operating expenses 98,650 82,288 293,893 257,134
Operating income 90,726 71,039 387,942 327,757
Non-operating expenses (income):        
Interest expense, net 10,444 8,313 32,992 33,690
Other expense (income), net (361) (704) 916 (1,335)
Income before provision for income taxes 80,643 63,430 354,034 295,402
Provision for income taxes 21,134 16,232 89,844 72,886
Net income $ 59,509 $ 47,198 $ 264,190 $ 222,516
Basic income per share (in dollars per share) $ 6.44 $ 4.85 $ 28.03 $ 23.23
Diluted income per share (in dollars per share) $ 6.38 $ 4.74 $ 27.82 $ 22.91
Comprehensive income:        
Net income $ 59,509 $ 47,198 $ 264,190 $ 222,516
Other comprehensive income:        
Amortization of unrecognized pension gain, net of tax 156 238 468 723
Other (24) 7 (24) 24
Total other comprehensive income 132 245 444 747
Comprehensive income $ 59,641 $ 47,443 $ 264,634 $ 223,263