XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 1,186,232 $ 1,160,306 $ 3,546,602 $ 3,483,975
Cost of sales, including advertising, warehousing and distribution expenses 895,092 874,583 2,669,728 2,613,417
Gross profit on sales 291,140 285,723 876,874 870,558
Operating, general and administrative expenses 261,582 256,050 787,465 762,644
Income from operations 29,558 29,673 89,409 107,914
Investment income (loss) and interest expense 7,848 1,409 17,461 7,715
Other income (expense) (1,621) 774 (3,429) (1,399)
Income before provision for income taxes 35,785 31,856 103,441 114,230
Provision for income taxes 9,945 8,630 28,178 30,925
Net income $ 25,840 $ 23,226 $ 75,263 $ 83,305
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 $ 1.02 $ 1.02
Basic earnings per share 0.96 0.86 2.80 3.10
Diluted earnings per share $ 0.96 $ 0.86 $ 2.80 $ 3.10