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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 25, 2022
Jun. 26, 2021
Jun. 25, 2022
Jun. 26, 2021
Income Statement [Abstract]        
Net sales $ 3,903,406 $ 3,601,559 $ 6,927,538 $ 6,393,895
Cost of merchandise sold 2,517,151 2,314,074 4,484,774 4,122,630
Gross profit 1,386,255 1,287,485 2,442,764 2,271,265
Selling, general and administrative expenses 777,860 736,749 1,512,437 1,429,939
Depreciation and amortization 83,360 64,853 161,006 124,907
Operating income 525,035 485,883 769,321 716,419
Interest expense, net 7,097 6,701 14,166 13,922
Income before income taxes 517,938 479,182 755,155 702,497
Income tax expense 121,460 109,160 171,450 151,121
Net income $ 396,478 $ 370,022 $ 583,705 $ 551,376
Net income per share – basic $ 3.55 $ 3.21 $ 5.21 $ 4.77
Net income per share – diluted $ 3.53 $ 3.19 $ 5.17 $ 4.73
Weighted average shares outstanding:        
Basic 111,590 115,133 112,060 115,643
Diluted 112,318 116,091 112,911 116,659
Dividends declared per common share outstanding $ 0.92 $ 0.52 $ 1.84 $ 1.04