XML 26 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Jan. 02, 2016
Jan. 03, 2015
Income Statement [Abstract]      
Sales $ 3,926,885 $ 3,778,505 $ 3,748,973
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) 2,026,367 1,963,153 1,950,633
Selling, distribution and administrative expenses 1,464,236 1,381,527 1,368,289
Depreciation and amortization 140,869 132,175 128,961
Pension plan settlement loss 6,646   15,387
Impairment of assets 24,877 3,771 10,308
Income from operations 263,890 297,879 275,395
Interest expense 34,905 26,815 28,288
Interest income (20,552) (21,967) (20,947)
Income before income taxes 249,537 293,031 268,054
Income tax expense 85,761 103,840 92,315
Net income $ 163,776 $ 189,191 $ 175,739
Basic:      
Net income per common share $ 0.79 $ 0.90 $ 0.84
Weighted average shares outstanding 208,511 210,793 209,683
Diluted:      
Net income per common share $ 0.78 $ 0.89 $ 0.82
Weighted average shares outstanding 210,354 213,356 213,092
Cash dividends paid per common share $ 0.6250 $ 0.5675 $ 0.4850