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Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 05, 2024
Oct. 07, 2023
Oct. 05, 2024
Oct. 07, 2023
Income Statement [Abstract]        
Net sales $ 1,190,561 $ 1,199,260 $ 3,992,362 $ 3,961,803
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) 598,209 617,468 2,008,757 2,044,417
Selling, distribution and administrative expenses 460,359 603,954 1,557,010 1,671,813
Depreciation and amortization 37,331 35,974 122,393 114,693
Plant closure costs and impairment of assets 4,483 1,034 9,860 1,034
Restructuring charges   179 7,403 6,873
Income (loss) from operations 90,179 (59,349) 286,939 122,973
Interest expense 8,688 8,552 28,967 28,398
Interest income (3,910) (4,542) (13,670) (16,251)
Other components of net periodic pension and postretirement benefit plans credit (119) (62) (395) (207)
Income (loss) before income taxes 85,520 (63,297) 272,037 111,033
Income tax expense (benefit) 20,536 (16,567) 67,043 23,293
Net income (loss) $ 64,984 $ (46,730) $ 204,994 $ 87,740
Basic:        
Net income (loss) per common share $ 0.31 $ (0.22) $ 0.97 $ 0.41
Weighted average shares outstanding 210,820 211,522 211,084 211,773
Diluted:        
Net income (loss) per common share $ 0.31 $ (0.22) $ 0.97 $ 0.41
Weighted average shares outstanding 211,975 211,522 212,123 213,455
Cash dividends paid per common share $ 0.2400 $ 0.2300 $ 0.7100 $ 0.6800