XML 21 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]    
Net sales $ 797,904 $ 1,302,305
Cost of sales 664,365 1,011,254
Gross profit 133,539 291,051
Operating expenses (income):    
Selling, general, and administrative 91,174 91,289
Depreciation and amortization 7,718 6,746
Amortization of deferred gains on real estate (984) (984)
Other operating expenses 3,116 838
Total operating expenses 101,024 97,889
Operating income 32,515 193,162
Non-operating expenses:    
Interest expense, net 7,687 11,293
Other expense, net 594 1,138
Income before provision for income taxes 24,234 180,731
Provision for income taxes 6,422 47,322
Net income $ 17,812 $ 133,409
Basic income per share (in dollars per share) $ 1.96 $ 13.72
Diluted income per share (in dollars per share) $ 1.94 $ 13.19
Comprehensive income:    
Net income $ 17,812 $ 133,409
Other comprehensive income:    
Amortization of unrecognized pension gain, net of tax 239 156
Other (11) 20
Total other comprehensive income 228 176
Comprehensive income $ 18,040 $ 133,585