v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 27, 2025
Jun. 28, 2024
Jun. 27, 2025
Jun. 28, 2024
Net sales $ 1,855,519 $ 1,795,943 $ 3,435,496 $ 3,387,569
Cost of sales 1,113,023 1,079,233 2,065,896 2,030,300
Gross profit 742,496 716,710 1,369,600 1,357,269
Selling, delivery and administrative expenses 470,412 457,570 907,696 882,723
Income from operations 272,084 259,140 461,904 474,546
Interest expense (income), net 5,948 (1,620) 12,822 (4,336)
Mark-to-market on acquisition related contingent consideration 12,390 27,826 55,118 22,285
Other expense, net 754 709 1,499 1,537
Income before taxes 252,992 232,225 392,465 455,060
Income tax expense 65,605 59,413 101,467 116,507
Net income $ 187,387 $ 172,812 $ 290,998 $ 338,553
Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 2.15 $ 1.86 $ 3.34 $ 3.63
Weighted average number of Common Stock shares outstanding (in shares) 76,969 83,016 77,048 83,349
Diluted net income per share:        
Common Stock (in dollars per share) $ 2.15 $ 1.85 $ 3.34 $ 3.62
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 87,157 93,210 87,236 93,543
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.05 $ 0.50 $ 1.70
Class B Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 2.15 $ 1.86 $ 3.34 $ 3.62
Weighted average number of Common Stock shares outstanding (in shares) 10,047 10,047 10,047 10,047
Diluted net income per share:        
Common Stock (in dollars per share) $ 2.15 $ 1.85 $ 3.33 $ 3.59
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 10,188 10,194 10,188 10,194
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.05 $ 0.50 $ 1.70