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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 29, 2018
Dec. 30, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Net sales $ 7,911,046 $ 7,256,382 $ 6,779,579
Cost of merchandise sold 5,208,518 4,764,417 4,454,377
Gross profit 2,702,528 2,491,965 2,325,202
Selling, general and administrative expenses 1,823,440 1,639,749 1,488,164
Depreciation and amortization 177,351 165,834 142,958
Operating income 701,737 686,382 694,080
Interest expense, net 18,352 13,859 5,810
Income before income taxes 683,385 672,523 688,270
Income tax expense 151,028 249,924 251,150
Net income $ 532,357 $ 422,599 $ 437,120
Net income per share – basic $ 4.34 $ 3.31 $ 3.29
Net income per share – diluted $ 4.31 $ 3.30 $ 3.27
Weighted average shares outstanding      
Basic 122,651 127,588 132,905
Diluted 123,471 128,204 133,813
Dividends declared per common share outstanding $ 1.20 $ 1.05 $ 0.92