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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 11, 2020
Jul. 13, 2019
Jul. 11, 2020
Jul. 13, 2019
Income Statement [Abstract]        
Sales $ 1,025,861 $ 975,759 $ 2,375,305 $ 2,239,654
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) 506,033 508,552 1,176,906 1,160,693
Selling, distribution and administrative expenses 396,904 359,497 918,939 835,546
Depreciation and amortization 33,180 33,329 77,843 78,148
Recovery on inferior ingredients       (413)
Restructuring and related impairment charges 10,535 2,047 10,535 2,765
Income from operations 79,209 72,334 191,082 162,915
Interest expense 9,001 9,192 20,640 21,663
Interest income (6,132) (6,423) (14,457) (15,070)
Pension plan settlement and curtailment loss     116,207  
Other components of net periodic pension and postretirement benefits (credit) expense (72) 519 71 1,211
Income before income taxes 76,412 69,046 68,621 155,111
Income tax expense 18,493 15,951 16,474 36,150
Net income $ 57,919 $ 53,095 $ 52,147 $ 118,961
Basic:        
Net income per common share $ 0.27 $ 0.25 $ 0.25 $ 0.56
Weighted average shares outstanding 211,780 211,685 211,766 211,517
Diluted:        
Net income per common share $ 0.27 $ 0.25 $ 0.25 $ 0.56
Weighted average shares outstanding 212,284 211,957 212,192 211,924
Cash dividends paid per common share $ 0.2000 $ 0.1900 $ 0.3900 $ 0.3700