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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 03, 2020
Oct. 05, 2019
Oct. 03, 2020
Oct. 05, 2019
Income Statement [Abstract]        
Sales $ 989,650 $ 966,561 $ 3,364,955 $ 3,206,215
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) 497,659 509,056 1,674,565 1,669,749
Selling, distribution and administrative expenses 386,739 362,380 1,305,678 1,197,926
Depreciation and amortization 32,162 33,196 110,005 111,344
Recovery on inferior ingredients       (413)
Restructuring and related impairment charges 20,100 3,277 30,635 6,042
Income from operations 52,990 58,652 244,072 221,567
Interest expense 8,706 8,705 29,346 30,368
Interest income (5,951) (6,371) (20,408) (21,441)
Pension plan settlement and curtailment (gain) loss (7,153)   109,054  
Other components of net periodic pension and postretirement benefits (credit) expense (72) 518 (1) 1,729
Income before income taxes 57,460 55,800 126,081 210,911
Income tax expense 13,113 12,442 29,587 48,592
Net income $ 44,347 $ 43,358 $ 96,494 $ 162,319
Basic:        
Net income per common share $ 0.21 $ 0.20 $ 0.46 $ 0.77
Weighted average shares outstanding 211,800 211,711 211,776 211,575
Diluted:        
Net income per common share $ 0.21 $ 0.20 $ 0.45 $ 0.77
Weighted average shares outstanding 212,458 212,014 212,270 211,956
Cash dividends paid per common share $ 0.2000 $ 0.1900 $ 0.5900 $ 0.5600