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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2016
Jun. 27, 2015
Jul. 02, 2016
Jun. 27, 2015
Sales $ 5,972,101 $ 5,829,989 $ 11,446,278 $ 10,832,374
Costs and expenses:        
Cost of sales 5,173,310 5,061,394 9,898,589 9,378,457
Selling, general, and administrative expenses 518,704 504,754 1,024,517 959,284
Depreciation and amortization 40,389 39,751 81,322 76,913
Restructuring, integration, and other charges 16,106 17,147 36,894 33,343
Total Costs and Expenses 5,748,509 5,623,046 11,041,322 10,447,997
Operating income 223,592 206,943 404,956 384,377
Equity in earnings of affiliated companies 2,227 1,903 4,083 3,216
Interest and other financing expense, net 39,024 34,696 74,599 65,550
Other expense, net 0 1,500 0 2,435
Income before income taxes 186,795 172,650 334,440 319,608
Provision for income taxes 51,457 47,967 92,510 88,834
Consolidated net income 135,338 124,683 241,930 230,774
Noncontrolling interests 1,068 751 1,425 784
Net income attributable to shareholders $ 134,270 $ 123,932 $ 240,505 $ 229,990
Net income per share:        
Basic $ 1.46 $ 1.30 $ 2.62 $ 2.40
Diluted [1] $ 1.45 $ 1.28 $ 2.59 $ 2.37
Weighted-average shares outstanding:        
Basic 91,782 95,638 91,647 95,776
Diluted 92,693 96,649 92,771 96,874
[1] Stock-based compensation awards for the issuance of 848,000 and 987,000 shares for the second quarter and first six months of 2016 and 709,000 and 607,000 shares for the second quarter and first six months of 2015, respectively, were excluded from the computation of net income per share on a diluted basis as their effect was anti-dilutive.