XML 20 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net sales $ 5,103,487 $ 5,090,830 $ 4,805,822
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) 2,577,220 2,632,136 2,501,995
Selling, distribution and administrative expenses 2,001,052 2,119,718 1,850,594
Depreciation and amortization 159,210 151,709 141,957
Restructuring charges 7,403 7,099  
FASTER Act, net of recovery on inferior ingredients     236
Plant closure costs and impairment of assets 10,310 7,298 7,825
Income from operations 348,292 172,870 303,215
Interest expense 37,129 36,609 28,921
Interest income (17,506) (20,577) (23,644)
Other components of net periodic pension and postretirement benefits credit (273) (269) (773)
Income before income taxes 328,942 157,107 298,711
Income tax expense 80,826 33,691 70,317
Net income $ 248,116 $ 123,416 $ 228,394
Basic:      
Net income per common share $ 1.18 $ 0.58 $ 1.08
Weighted average shares outstanding 211,023 211,630 211,895
Diluted:      
Net income per common share $ 1.17 $ 0.58 $ 1.07
Weighted average shares outstanding 212,137 213,356 213,227
Cash dividends paid per common share $ 0.9500 $ 0.9100 $ 0.8700