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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net sales $ 7,228,055 $ 6,899,716 $ 6,653,858
Cost of sales 4,355,693 4,146,537 4,055,147
Gross profit 2,872,362 2,753,179 2,598,711
Selling, delivery and administrative expenses 1,921,706 1,832,829 1,764,260
Income from operations 950,656 920,350 834,451
Interest expense (income), net 42,678 1,848 (918)
Mark-to-market on acquisition related contingent consideration 131,901 59,166 159,354
Pension plan settlement expense 0 0 112,796
Other expense, net 3,159 2,682 5,738
Income before taxes 772,918 856,654 557,481
Income tax expense 202,336 223,529 149,106
Net income $ 570,582 $ 633,125 $ 408,375
Common Stock      
Basic net income per share:      
Common Stock (in dollars per share) $ 6.82 $ 7.01 $ 4.36
Weighted average number of Common Stock shares outstanding (in shares) 73,658 80,348 83,690
Diluted net income per share:      
Common Stock (in dollars per share) $ 6.81 $ 6.99 $ 4.35
Weighted average number of Common Stock shares outstanding – assuming dilution (in shares) 83,807 90,524 93,923
Class B Common Stock      
Basic net income per share:      
Common Stock (in dollars per share) $ 6.78 $ 6.95 $ 4.36
Weighted average number of Common Stock shares outstanding (in shares) 10,047 10,047 10,047
Diluted net income per share:      
Common Stock (in dollars per share) $ 6.76 $ 6.92 $ 4.34
Weighted average number of Common Stock shares outstanding – assuming dilution (in shares) 10,149 10,176 10,233