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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net sales $ 6,899,716 $ 6,653,858 $ 6,200,957
Cost of sales 4,146,537 4,055,147 3,923,003
Gross profit 2,753,179 2,598,711 2,277,954
Selling, delivery and administrative expenses 1,832,829 1,764,260 1,636,907
Income from operations 920,350 834,451 641,047
Interest expense (income), net 1,848 (918) 24,792
Mark-to-market on acquisition related contingent consideration 59,166 159,354 32,301
Pension plan settlement expense 0 112,796 0
Other expense, net 2,682 5,738 8,867
Income before taxes 856,654 557,481 575,087
Income tax expense 223,529 149,106 144,929
Net income $ 633,125 $ 408,375 $ 430,158
Common Stock      
Basic net income per share:      
Common Stock (in dollars per share) $ 70.10 $ 43.56 $ 45.88
Weighted average number of Common Stock shares outstanding (in shares) 8,035 8,369 8,117
Diluted net income per share:      
Common Stock (in dollars per share) $ 69.94 $ 43.48 $ 45.74
Weighted average number of Common Stock shares outstanding – assuming dilution (in shares) 9,053 9,392 9,405
Class B Common Stock      
Basic net income per share:      
Common Stock (in dollars per share) $ 69.50 $ 43.56 $ 45.93
Weighted average number of Common Stock shares outstanding (in shares) 1,005 1,005 1,257
Diluted net income per share:      
Common Stock (in dollars per share) $ 69.17 $ 43.40 $ 45.76
Weighted average number of Common Stock shares outstanding – assuming dilution (in shares) 1,018 1,023 1,288