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Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 28, 2019
Quarterly Financial Data (unaudited) [Abstract]  
Quarterly Financial Information [Table Text Block]

The following table summarizes quarterly financial data for 2019 and 2018:
2019
 
First
 
Second
 
Third
 
Fourth
(in thousands, except per share data)
 
(16 weeks)
 
(12 weeks)
 
(12 weeks)
 
(12 weeks)
Net sales
 
$
2,952,036

 
$
2,332,246

 
$
2,312,106

 
$
2,112,614

Gross profit
 
$
1,304,612

 
$
1,009,438

 
$
1,011,926

 
$
928,769

Net income
 
$
142,500

 
$
124,820

 
$
123,669

 
$
95,907

 
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
1.99

 
$
1.74

 
$
1.76

 
$
1.39

Diluted earnings per common share
 
$
1.98

 
$
1.73

 
$
1.75

 
$
1.38

 
 
 
 
 
 
 
 
 
2018
 
First
 
Second
 
Third
 
Fourth
(in thousands, except per share data)
 
(16 weeks)
 
(12 weeks)
 
(12 weeks)
 
(12 weeks)
Net sales
 
$
2,873,848

 
$
2,326,652

 
$
2,274,982

 
$
2,105,072

Gross profit
 
$
1,272,284

 
$
1,011,559

 
$
1,006,927

 
$
928,643

Net income
 
$
136,727

 
$
117,836

 
$
115,843

 
$
53,441

 
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
1.85

 
$
1.59

 
$
1.57

 
$
0.74

Diluted earnings per common share
 
$
1.84

 
$
1.59

 
$
1.56

 
$
0.74