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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2016
Jul. 05, 2015
Jul. 03, 2016
Jul. 05, 2015
Net sales $ 1,637,671 $ 1,578,825 $ 3,466,483 $ 3,516,625
Costs and expenses:        
Cost of sales 890,273 843,417 1,901,709 1,880,374
Selling, marketing and administrative 462,531 455,545 934,265 969,555
Goodwill impairment 0 249,811 0 249,811
Business realignment charges 22,105 22,552 28,238 25,219
Total costs and expenses 1,374,909 1,571,325 2,864,212 3,124,959
Operating profit 262,762 7,500 602,271 391,666
Interest expense, net 21,338 18,877 42,343 38,079
Other (income) expense, net 8,128 4,759 (13,097) (5,081)
Income (loss) before income taxes 233,296 (16,136) 573,025 358,668
Provision for income taxes 87,340 83,805 197,237 213,872
Net income (loss) $ 145,956 $ (99,941) $ 375,788 $ 144,796
Common stock        
Net income (loss) per share—basic:        
Net income per share - basic (USD per share) $ 0.70 $ (0.47) $ 1.79 $ 0.67
Net income (loss) per share—diluted:        
Net income per share - diluted (USD per share) 0.68 (0.47) 1.74 0.65
Dividends paid per share:        
Dividends paid per share (USD per share) 0.583 0.535 1.166 1.07
Class B common stock        
Net income (loss) per share—basic:        
Net income per share - basic (USD per share) 0.64 (0.42) 1.64 0.62
Net income (loss) per share—diluted:        
Net income per share - diluted (USD per share) 0.64 (0.42) 1.63 0.62
Dividends paid per share:        
Dividends paid per share (USD per share) $ 0.53 $ 0.486 $ 1.06 $ 0.972