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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Income Statement [Abstract]        
Net sales $ 1,789,551 $ 1,691,863 $ 5,048,891 $ 4,438,016
Cost of sales 1,089,890 1,120,392 3,064,920 2,934,515
Gross profit 699,661 571,471 1,983,971 1,503,501
Selling, general and administrative expenses 465,015 382,384 1,341,809 1,064,328
Operating profit 234,646 189,087 642,162 439,173
Other expenses 1,811 4,898 6,227 15,652
Interest expense, net 40,860 43,500 127,760 120,602
Income from continuing operations before income tax expense 191,975 140,689 508,175 302,919
Income tax expense 15,228 22,464 55,161 43,008
Income from continuing operations 176,747 118,225 453,014 259,911
Loss from discontinued operations, net of tax (24,970) (14,947) (435,823) (3,326)
Net income $ 151,777 $ 103,278 $ 17,191 $ 256,585
Earnings (loss) per share, basic:        
Continuing operations $ 0.50 $ 0.34 $ 1.29 $ 0.74
Discontinued operations (0.07) (0.04) (1.24) (0.01)
Net income (loss) 0.43 0.29 0.05 0.73
Earnings (loss) per share, diluted:        
Continuing operations 0.50 0.34 1.29 0.73
Discontinued operations (0.07) (0.04) (1.24) (0.01)
Net income (loss) $ 0.43 $ 0.29 $ 0.05 $ 0.72