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Quarterly Financial Information (unaudited) (Tables)
 12 Months Ended
Dec. 29, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

Earnings per share amounts for each quarter are required to be computed independently and may not sum to the amount computed for the total year.

 

2018

 

 

Full Year

 

 

4th Quarter

 

 

3rd Quarter

 

 

2nd Quarter

 

 

1st Quarter

 

(In thousands, except per share amounts)

52 Weeks

 

 

(12 Weeks)

 

 

(12 Weeks)

 

 

(12 Weeks)

 

 

(16 Weeks)

 

Net sales

$

 

8,064,552

 

 

$

 

1,896,796

 

 

$

 

1,886,730

 

 

$

 

1,895,953

 

 

$

 

2,385,073

 

Gross profit

 

 

1,110,406

 

 

 

 

245,390

 

 

 

 

256,142

 

 

 

 

265,660

 

 

 

 

343,214

 

Merger/acquisition and integration

 

 

4,937

 

 

 

 

1,406

 

 

 

 

521

 

 

 

 

804

 

 

 

 

2,206

 

Restructuring charges (gains), asset impairment and other charges

 

 

37,546

 

 

 

 

32,277

 

 

 

 

232

 

 

 

 

(1,164

)

 

 

 

6,202

 

Earnings (loss) before income taxes and discontinued operations

 

 

40,698

 

 

 

 

(19,501

)

 

 

 

19,919

 

 

 

 

23,085

 

 

 

 

17,195

 

Earnings (loss) from continuing operations

 

 

33,791

 

 

 

 

(14,027

)

 

 

 

17,545

 

 

 

 

17,838

 

 

 

 

12,435

 

(Loss) earnings from discontinued operations, net of taxes

 

 

(219

)

 

 

 

19

 

 

 

 

(80

)

 

 

 

(66

)

 

 

 

(92

)

Net earnings

$

 

33,572

 

 

$

 

(14,008

)

 

$

 

17,465

 

 

$

 

17,772

 

 

$

 

12,343

 

Earnings (loss) from continuing operations per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

 

0.94

 

 

$

 

(0.39

)

 

$

 

0.49

 

 

$

 

0.50

 

 

$

 

0.34

 

Diluted

 

 

0.94

 

 

 

 

(0.39

)

 

 

 

0.49

 

 

 

 

0.50

 

 

 

 

0.34

 

Net earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

 

0.93

 

 

$

 

(0.39

)

 

$

 

0.49

 

 

$

 

0.49

 

 

$

 

0.34

 

Diluted

 

 

0.93

 

 

 

 

(0.39

)

 

 

 

0.49

 

 

 

 

0.49

 

 

 

 

0.34

 

Dividends

$

 

25,923

 

 

$

 

6,471

 

 

$

 

6,469

 

 

$

 

6,457

 

 

$

 

6,526

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

Full Year

 

 

4th Quarter

 

 

3rd Quarter

 

 

2nd Quarter

 

 

1st Quarter

 

(In thousands, except per share amounts)

(52 Weeks)

 

 

(12 Weeks)

 

 

(12 Weeks)

 

 

(12 Weeks)

 

 

(16 Weeks)

 

Net sales

$

 

7,963,799

 

 

$

 

1,885,500

 

 

$

 

1,868,398

 

 

$

 

1,856,199

 

 

$

 

2,353,702

 

Gross profit

 

 

1,144,909

 

 

 

 

254,815

 

 

 

 

261,692

 

 

 

 

271,026

 

 

 

 

357,376

 

Merger/acquisition and integration

 

 

8,101

 

 

 

 

1,070

 

 

 

 

2,392

 

 

 

 

622

 

 

 

 

4,017

 

Goodwill impairment

 

 

189,027

 

 

 

 

—

 

 

 

 

189,027

 

 

 

 

—

 

 

 

 

—

 

Restructuring charges (gains) and asset impairment

 

 

39,432

 

 

 

 

2,799

 

 

 

 

35,626

 

 

 

 

(14

)

 

 

 

1,021

 

(Loss) earnings before income taxes and discontinued operations

 

 

(131,644

)

 

 

 

12,492

 

 

 

 

(199,897

)

 

 

 

33,327

 

 

 

 

22,434

 

(Loss) earnings from continuing operations

 

 

(52,617

)

 

 

 

34,710

 

 

 

 

(123,452

)

 

 

 

21,060

 

 

 

 

15,065

 

Loss from discontinued operations, net of taxes

 

 

(228

)

 

 

 

(103

)

 

 

 

(54

)

 

 

 

(31

)

 

 

 

(40

)

Net (loss) earnings

$

 

(52,845

)

 

$

 

34,607

 

 

$

 

(123,506

)

 

$

 

21,029

 

 

$

 

15,025

 

(Loss) earnings from continuing operations per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

 

(1.41

)

 

$

 

0.94

 

 

$

 

(3.31

)

 

$

 

0.56

 

 

$

 

0.40

 

Diluted

 

 

(1.41

)

 

 

 

0.94

 

 

 

 

(3.31

)

 

 

 

0.56

 

 

 

 

0.40

 

Net (loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

 

(1.41

)

 

$

 

0.94

 

 

$

 

(3.32

)

 

$

 

0.56

 

 

$

 

0.40

 

Diluted

 

 

(1.41

)

 

 

 

0.94

 

 

 

 

(3.32

)

 

 

 

0.56

 

 

 

 

0.40

 

Dividends

$

 

24,704

 

 

$

 

6,055

 

 

$

 

6,149

 

 

$

 

6,245

 

 

$

 

6,255