Acquisitions and Dispositions (Tables)

6 Months Ended

Jun. 29, 2024

Business Combinations [Abstract]

Summary of Condensed Pro Forma Consolidated Results of Operations as if Acquisition Occurred at Beginning of Period

The following table presents condensed pro forma consolidated results of operations as if the Nehring acquisition had occurred at the beginning of the periods presented. The pro forma information does not purport to be indicative of the results that would have been obtained if the operations had actually been combined during the periods presented, and is not necessarily indicative of operating results to be expected in future periods. The most significant pro forma adjustments to the historical results of operations relate to the application of purchase accounting, the financing structure, and estimated income taxes.

	For the Six Months Ended
(In thousands, except per share data)	June 29, 2024		July 1, 2023
Net sales	$	1,981,861	$	2,081,325
Net income	306,525		371,445
Basic earnings per share	$	2.75	$	3.34
Diluted earnings per share	2.69		3.28