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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2016
Oct. 04, 2015
Oct. 02, 2016
Oct. 04, 2015
Net sales $ 2,003,454 $ 1,960,779 $ 5,469,937 $ 5,477,404
Costs and expenses:        
Cost of sales 1,152,606 1,068,715 3,054,315 2,949,089
Selling, marketing and administrative 474,494 500,306 1,408,759 1,469,861
Goodwill impairment 0 30,991 0 280,802
Business realignment charges 2,330 57,753 30,568 82,972
Total costs and expenses 1,629,430 1,657,765 4,493,642 4,782,724
Operating profit 374,024 303,014 976,295 694,680
Interest expense, net 24,387 46,967 66,730 85,046
Other (income) expense, net 21,800 9,409 8,703 4,328
Income before income taxes 327,837 246,638 900,862 605,306
Provision for income taxes 100,434 91,867 297,671 305,739
Net income $ 227,403 $ 154,771 $ 603,191 $ 299,567
Common stock        
Net income per share—basic:        
Net income per share - basic (USD per share) $ 1.09 $ 0.73 $ 2.88 $ 1.40
Net income per share—diluted:        
Net income per share - diluted (USD per share) 1.06 0.70 2.80 1.35
Dividends paid per share:        
Dividends paid per share (USD per share) 0.618 0.583 1.784 1.653
Class B common stock        
Net income per share—basic:        
Net income per share - basic (USD per share) 0.99 0.66 2.63 1.27
Net income per share—diluted:        
Net income per share - diluted (USD per share) 0.99 0.66 2.62 1.28
Dividends paid per share:        
Dividends paid per share (USD per share) $ 0.562 $ 0.530 $ 1.622 $ 1.502