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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Net sales $ 3,201,202 $ 3,150,239 $ 3,242,090
Cost of Sales 1,949,287 1,898,420 1,958,012
Gross profit 1,251,915 1,251,819 1,284,078
Selling, General and Administrative Expense 663,156 590,115 624,933
Restructuring Charges 3,270 8,245 4,732
Impairments 10,598 10,475 1,986
Gain on sale of plant 0 (1,139) 0
Income from continuing operations 574,891 644,123 652,427
Net interest expense and deferred financing amortization, net 93,828 93,356 121,129
Net Periodic Benefit Cost, Other Than Service Cost & Curtailment (6,294) (14,872) (9,040)
Other expense/(income), net 5,082 (458) 4,258
Earnings from continuing operations before income taxes 482,275 566,097 536,080
Provision for income taxes 115,008 145,119 123,076
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 367,267 420,978 413,004
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (644,998) 7,455 (12,122)
Net earnings $ (277,731) $ 428,433 $ 400,882
Income (Loss) from Continuing Operations, Per Basic Share $ 7.11 $ 7.83 $ 7.71
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share (12.49) 0.14 (0.23)
Net earnings per share:      
Basic (in usd per share) (5.38) 7.97 7.48
Income (Loss) from Continuing Operations, Per Diluted Share 7.04 7.77 7.64
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share (12.36) 0.14 (0.22)
Diluted (in usd per share) $ (5.32) $ 7.90 $ 7.41
Weighted average number of shares      
Basic (in shares) 51,655,000 53,738,000 53,577,000
Dilutive common stock equivalents (in shares) 524,000 471,000 509,000
Diluted (in shares) 52,179,000 54,209,000 54,086,000