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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2021
Jun. 27, 2020
Jun. 26, 2021
Jun. 27, 2020
Income Statement [Abstract]        
Net sales $ 1,047,349 $ 1,098,704 $ 2,053,689 $ 2,084,524
Cost of sales, including advertising, warehousing and distribution expenses 766,157 805,816 1,505,108 1,527,489
Gross profit on sales 281,192 292,888 548,581 557,035
Operating, general and administrative expenses 235,633 236,886 471,189 463,605
Income from operations 45,559 56,002 77,392 93,430
Investment income (loss) and interest expense 2,140 3,066 3,752 (953)
Other income (expense) (1,831) (2,618) (2,606) 58
Income before provision for income taxes 45,868 56,450 78,538 92,535
Provision for income taxes 12,396 14,978 20,811 24,374
Net income $ 33,472 $ 41,472 $ 57,727 $ 68,161
Weighted-average shares outstanding, basic 26,898,443 26,898,443 26,898,443 26,898,443
Weighted-average shares outstanding, diluted 26,898,443 26,898,443 26,898,443 26,898,443
Cash dividends per share $ 0.31 $ 0.31 $ 0.62 $ 0.62
Basic earnings per share 1.24 1.54 2.15 2.53
Diluted earnings per share $ 1.24 $ 1.54 $ 2.15 $ 2.53