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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
CONSOLIDATED STATEMENTS OF OPERATIONS        
Sales $ 7,712,541 $ 6,823,319 $ 22,106,505 $ 20,640,447
Cost of sales 6,877,227 6,038,491 19,648,542 18,151,349
Gross profit 835,314 784,828 2,457,963 2,489,098
Operating expenses:        
Selling, general, and administrative 587,866 534,508 1,751,172 1,670,429
Depreciation and amortization 32,793 40,592 103,765 123,356
Restructuring, integration, and other 35,648 34,466 74,880 121,859
Total operating expenses 656,307 609,566 1,929,817 1,915,644
Operating income 179,007 175,262 528,146 573,454
Equity in earnings of affiliated companies 463 1,002 1,124 1,912
Gain (loss) on investments, net 4,859 3,757 108,975 (760)
Loss on extinguishment of debt 0 0 0 (1,657)
Post-retirement expense (664) (979) (1,950) (2,892)
Interest and other financing expense, net (54,875) (62,947) (171,340) (209,442)
Income before income taxes 128,790 116,095 464,955 360,615
Provision for income taxes 19,528 15,198 88,807 66,996
Consolidated net income 109,262 100,897 376,148 293,619
Noncontrolling interests 69 330 (514) 753
Net income attributable to shareholders $ 109,193 $ 100,567 $ 376,662 $ 292,866
Net Income per Share        
Basic (in dollars per share) $ 2.11 $ 1.9 $ 7.25 $ 5.48
Diluted (in dollars per share) $ 2.09 $ 1.88 $ 7.19 $ 5.42
Weighted-average shares outstanding:        
Basic (in shares) 51,695 53,010 51,935 53,476
Diluted (in shares) 52,141 53,475 52,381 53,999