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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Jul. 04, 2026
Jun. 28, 2025
CONSOLIDATED STATEMENTS OF OPERATIONS        
Sales $ 9,992,237 $ 7,579,947 $ 19,465,785 $ 14,393,964
Cost of sales 8,867,028 6,731,290 17,250,116 12,771,315
Gross profit 1,125,209 848,657 2,215,669 1,622,649
Operating expenses:        
Selling, general, and administrative 688,138 600,990 1,344,279 1,163,306
Depreciation and amortization 35,599 35,162 71,652 70,972
Restructuring, integration, and other 24,139 21,919 60,803 39,232
Total operating expenses 747,876 658,071 1,476,734 1,273,510
Operating income 377,333 190,586 738,935 349,139
Equity in earnings (losses) of affiliated companies 2,065 (659) 2,961 661
Gain on investments, net 12,044 103,976 6,252 104,116
Post-retirement expense (999) (664) (1,961) (1,286)
Interest and other financing expense, net (37,297) (60,283) (85,781) (116,465)
Income before income taxes 353,146 232,956 660,406 336,165
Provision for income taxes 80,311 45,934 151,541 69,279
Consolidated net income 272,835 187,022 508,865 266,886
Noncontrolling interests 124 (727) 1,048 (583)
Net income attributable to shareholders $ 272,711 $ 187,749 $ 507,817 $ 267,469
Net income per share:        
Basic (in dollars per share) $ 5.32 $ 3.62 $ 9.9 $ 5.14
Diluted (in dollars per share) $ 5.26 $ 3.59 $ 9.81 $ 5.09
Weighted-average shares outstanding:        
Basic (in shares) 51,306 51,856 51,314 52,057
Diluted (in shares) 51,867 52,342 51,787 52,504