XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Income Statement [Abstract]    
Net sales $ 726,244 $ 797,904
Cost of products sold 598,563 664,365
Gross profit 127,681 133,539
Operating expenses (income):    
Selling, general, and administrative 91,250 91,174
Depreciation and amortization 9,433 7,718
Amortization of deferred gains from real estate (984) (984)
Other operating expenses 314 3,116
Total operating expenses 100,013 101,024
Operating income 27,668 32,515
Non-operating expenses:    
Interest expense, net 4,624 7,687
Other expense, net 0 594
Income before provision for income taxes 23,044 24,234
Provision for income taxes 5,552 6,422
Net income $ 17,492 $ 17,812
Basic earnings per share (in dollars per share) $ 2.02 $ 1.96
Diluted earnings per share (in dollars per share) $ 2.00 $ 1.94
Comprehensive income:    
Net income $ 17,492 $ 17,812
Other comprehensive income:    
Amortization of unrecognized pension gain, net of tax 0 239
Other 0 (11)
Total other comprehensive income 0 228
Comprehensive income $ 17,492 $ 18,040