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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Income Statement [Abstract]      
Net sales $ 3,136,381 $ 4,450,214 $ 4,277,178
Cost of products sold 2,609,364 3,617,230 3,498,751
Gross profit 527,017 832,984 778,427
Operating expenses (income):      
Selling, general, and administrative 355,819 366,305 322,205
Depreciation and amortization 32,043 27,613 28,192
Amortization of deferred gains on real estate (3,934) (3,934) (3,935)
Gain from sale of properties, net 0 (144) (8,427)
Other operating expenses 4,640 4,057 2,315
Total operating expenses 388,568 393,897 340,350
Operating income 138,449 439,087 438,077
Non-operating expenses (income):      
Interest expense, net 23,746 42,272 45,507
Settlement of frozen defined benefit pension plan 30,440 0 0
Other expense (income), net 2,377 2,054 (1,306)
Income before provision for income taxes 81,886 394,761 393,876
Provision for income taxes 33,350 98,585 97,743
Net income $ 48,536 $ 296,176 $ 296,133
Basic earnings per share (in dollars per share) $ 5.40 $ 31.75 $ 30.80
Diluted earnings per share (in dollars per share) $ 5.39 $ 31.51 $ 29.99
Comprehensive income:      
Net income $ 48,536 $ 296,176 $ 296,133
Other comprehensive income (loss):      
Actuarial (loss) gain on defined benefit plan, net of tax of $1,090, $1,016 and $(1,771), respectively (3,119) (3,057) 5,546
Amortization of unrecognized pension gain, net of tax of $(325), $(208) and $(340), respectively 882 627 1,064
Settlement of frozen defined benefit pension plan 34,912 0 0
Other (1,263) 378 22
Total other comprehensive income (loss) 31,412 (2,052) 6,632
Comprehensive income $ 79,948 $ 294,124 $ 302,765