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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2022
Jul. 02, 2021
Jul. 01, 2022
Jul. 02, 2021
Net sales $ 1,595,215 $ 1,433,086 $ 2,999,573 $ 2,702,943
Cost of sales 1,044,556 938,146 1,941,338 1,759,300
Gross profit 550,659 494,940 1,058,235 943,643
Selling, delivery and administrative expenses 403,366 374,079 779,957 728,598
Income from operations 147,293 120,861 278,278 215,045
Interest expense, net 7,146 8,365 14,845 17,111
Other expense, net 6,199 47,041 2,920 59,096
Income before taxes 133,948 65,455 260,513 138,838
Income tax expense 34,386 17,275 67,561 37,295
Net income $ 99,562 $ 48,180 $ 192,952 $ 101,543
Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 10.62 $ 5.14 $ 20.58 $ 10.83
Weighted average number of Common Stock shares outstanding (in shares) 8,369 7,141 7,863 7,141
Diluted net income per share:        
Common Stock (in dollars per share) $ 10.59 $ 5.12 $ 20.53 $ 10.79
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 9,399 9,407 9,399 9,407
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.25 $ 0.50 $ 0.50
Class B Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 10.62 $ 5.14 $ 20.62 $ 10.83
Weighted average number of Common Stock shares outstanding (in shares) 1,005 2,232 1,511 2,232
Diluted net income per share:        
Common Stock (in dollars per share) $ 10.59 $ 5.12 $ 20.56 $ 10.79
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 1,030 2,266 1,536 2,266
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.25 $ 0.50 $ 0.50