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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Jun. 30, 2018
Jul. 01, 2017
Income Statement [Abstract]        
Net sales $ 2,213,249 $ 2,017,762 $ 3,896,150 $ 3,581,840
Cost of merchandise sold 1,443,835 1,313,054 2,563,087 2,358,929
Gross profit 769,414 704,708 1,333,063 1,222,911
Selling, general and administrative expenses 452,346 405,736 878,459 787,850
Depreciation and amortization 43,610 41,047 86,397 80,774
Operating income 273,458 257,925 368,207 354,287
Interest expense, net 4,978 3,092 9,446 5,869
Income before income taxes 268,480 254,833 358,761 348,418
Income tax expense 61,191 94,184 80,039 127,458
Net income $ 207,289 $ 160,649 $ 278,722 $ 220,960
Net income per share – basic $ 1.70 $ 1.25 $ 2.26 $ 1.71
Net income per share – diluted $ 1.69 $ 1.25 $ 2.25 $ 1.70
Weighted average shares outstanding:        
Basic 122,100 128,186 123,288 129,231
Diluted 122,775 128,722 123,975 129,906
Dividends declared per common share outstanding $ 0.31 $ 0.27 $ 0.58 $ 0.51