XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jun. 25, 2022
Jul. 01, 2023
Jun. 25, 2022
Income Statement [Abstract]        
Net sales $ 1,178,695 $ 1,135,234 $ 2,323,669 $ 2,239,302
Cost of sales, including advertising, warehousing and distribution expenses 879,650 843,020 1,738,834 1,653,403
Gross profit on sales 299,045 292,214 584,835 585,899
Operating, general and administrative expenses 253,422 243,809 506,594 496,081
Income from operations 45,623 48,405 78,241 89,818
Investment income (loss) and interest expense 2,508 (1,030) 6,306 (1,910)
Other income (expense) (915) 2,085 (2,173) 3,590
Income before provision for income taxes 47,216 49,460 82,374 91,498
Provision for income taxes 12,951 13,194 22,295 23,843
Net income $ 34,265 $ 36,266 $ 60,079 $ 67,655
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 $ 0.34 $ 0.32 $ 0.68 $ 0.64
Basic earnings per share 1.27 1.35 2.23 2.52
Diluted earnings per share $ 1.27 $ 1.35 $ 2.23 $ 2.52