XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 24, 2022
Sep. 30, 2023
Sep. 24, 2022
Income Statement [Abstract]        
Net sales $ 1,160,306 $ 1,150,551 $ 3,483,975 $ 3,389,853
Cost of sales, including advertising, warehousing and distribution expenses 874,583 862,908 2,613,417 2,516,311
Gross profit on sales 285,723 287,643 870,558 873,542
Operating, general and administrative expenses 256,050 253,985 762,644 750,066
Income from operations 29,673 33,658 107,914 123,476
Investment income (loss) and interest expense 1,409 (1,483) 7,715 (3,394)
Other income (expense) 774 1,214 (1,399) 4,805
Income before provision for income taxes 31,856 33,389 114,230 124,887
Provision for income taxes 8,630 4,731 30,925 28,574
Net income $ 23,226 $ 28,658 $ 83,305 $ 96,313
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 $ 1.02 $ 0.96
Basic earnings per share 0.86 1.07 3.10 3.58
Diluted earnings per share $ 0.86 $ 1.07 $ 3.10 $ 3.58