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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2025
Sep. 27, 2024
Sep. 26, 2025
Sep. 27, 2024
Net sales $ 1,888,317 $ 1,765,652 $ 5,323,813 $ 5,153,221
Cost of sales 1,139,801 1,067,616 3,205,697 3,097,916
Gross profit 748,516 698,036 2,118,116 2,055,305
Selling, delivery and administrative expenses 501,882 470,981 1,409,578 1,353,704
Income from operations 246,634 227,055 708,538 701,601
Interest expense (income), net 4,687 2,187 17,509 (2,149)
Mark-to-market on acquisition related contingent consideration 49,350 68,592 104,468 90,877
Other expense, net 367 713 1,866 2,250
Income before taxes 192,230 155,563 584,695 610,623
Income tax expense 49,896 39,939 151,363 156,446
Net income $ 142,334 $ 115,624 $ 433,332 $ 454,177
Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 1.64 $ 1.32 $ 4.99 $ 4.97
Weighted average number of Common Stock shares outstanding (in shares) 76,554 77,560 76,881 81,405
Diluted net income per share:        
Common Stock (in dollars per share) $ 1.64 $ 1.32 $ 4.98 $ 4.96
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 86,728 87,719 87,070 91,578
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.05 $ 0.75 $ 1.75
Class B Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 1.64 $ 1.32 $ 4.98 $ 4.93
Weighted average number of Common Stock shares outstanding (in shares) 10,047 10,047 10,047 10,047
Diluted net income per share:        
Common Stock (in dollars per share) $ 1.64 $ 1.32 $ 4.97 $ 4.90
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 10,174 10,159 10,189 10,173
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.05 $ 0.75 $ 1.75