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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 25, 2021
Sep. 26, 2020
Sep. 25, 2021
Sep. 26, 2020
Income Statement [Abstract]        
Net sales $ 1,063,452 $ 1,002,387 $ 3,117,141 $ 3,086,910
Cost of sales, including advertising, warehousing and distribution expenses 780,320 728,054 2,285,428 2,255,544
Gross profit on sales 283,132 274,333 831,713 831,366
Operating, general and administrative expenses 244,164 231,527 715,353 695,130
Income from operations 38,968 42,806 116,360 136,236
Investment income (loss) and interest expense 608 1,890 4,360 937
Other income (expense) (401) (1,218) (3,007) (1,160)
Income before provision for income taxes 39,175 43,478 117,713 136,013
Provision for income taxes 10,668 12,142 31,479 36,516
Net income $ 28,507 $ 31,336 $ 86,234 $ 99,497
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 $ 0.93 $ 0.93
Basic earnings per share 1.06 1.16 3.21 3.70
Diluted earnings per share $ 1.06 $ 1.16 $ 3.21 $ 3.70