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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 24, 2022
Sep. 25, 2021
Sep. 24, 2022
Sep. 25, 2021
Income Statement [Abstract]        
Net sales $ 3,270,804 $ 3,017,926 $ 10,198,342 $ 9,411,821
Cost of merchandise sold 2,104,989 1,932,616 6,589,763 6,055,246
Gross profit 1,165,815 1,085,310 3,608,579 3,356,575
Selling, general and administrative expenses 772,167 718,261 2,284,604 2,148,200
Depreciation and amortization 87,236 69,824 248,242 194,731
Operating income 306,412 297,225 1,075,733 1,013,644
Interest expense, net 6,226 6,146 20,392 20,068
Income before income taxes 300,186 291,079 1,055,341 993,576
Income tax expense 66,049 66,679 237,499 217,800
Net income $ 234,137 $ 224,400 $ 817,842 $ 775,776
Net income per share – basic $ 2.11 $ 1.96 $ 7.32 $ 6.74
Net income per share – diluted $ 2.10 $ 1.95 $ 7.27 $ 6.68
Weighted average shares outstanding:        
Basic 110,861 114,223 111,660 115,170
Diluted 111,560 115,193 112,461 116,170
Dividends declared per common share outstanding $ 0.92 $ 0.52 $ 2.76 $ 1.56