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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 24, 2016
Sep. 30, 2017
Sep. 24, 2016
Income Statement [Abstract]        
Net sales $ 1,721,704 $ 1,542,706 $ 5,303,544 $ 4,863,037
Cost of merchandise sold 1,121,248 1,007,432 3,480,177 3,184,097
Gross profit 600,456 535,274 1,823,367 1,678,940
Selling, general and administrative expenses 410,276 357,592 1,198,126 1,076,180
Depreciation and amortization 41,927 35,662 122,701 103,296
Operating income 148,253 142,020 502,540 499,464
Interest expense, net 3,752 1,110 9,621 4,145
Income before income taxes 144,501 140,910 492,919 495,319
Income tax expense 52,605 51,466 180,063 181,782
Net income $ 91,896 $ 89,444 $ 312,856 $ 313,537
Net income per share – basic $ 0.73 $ 0.67 $ 2.44 $ 2.35
Net income per share – diluted $ 0.72 $ 0.67 $ 2.43 $ 2.33
Weighted average shares outstanding:        
Basic 126,416 133,392 128,293 133,529
Diluted 126,919 134,256 128,910 134,509
Dividends declared per common share outstanding $ 0.27 $ 0.24 $ 0.78 $ 0.68