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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 1,181,456 $ 1,178,695 $ 2,360,370 $ 2,323,669
Cost of sales, including advertising, warehousing and distribution expenses 886,695 879,650 1,774,636 1,738,834
Gross profit on sales 294,761 299,045 585,734 584,835
Operating, general and administrative expenses 262,272 253,422 525,882 506,594
Income from operations 32,489 45,623 59,852 78,241
Investment income (loss) and interest expense 4,062 2,508 9,613 6,306
Other income (expense) (407) (915) (1,808) (2,173)
Income before provision for income taxes 36,144 47,216 67,657 82,374
Provision for income taxes 9,885 12,951 18,233 22,295
Net income $ 26,259 $ 34,265 $ 49,424 $ 60,079
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 $ 0.34 $ 0.68 $ 0.68
Basic earnings per share 0.98 1.27 1.84 2.23
Diluted earnings per share $ 0.98 $ 1.27 $ 1.84 $ 2.23