Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jul. 12, 2025 |
Jul. 13, 2024 |
Jul. 12, 2025 |
Jul. 13, 2024 |
|
| Income Statement [Abstract] | ||||
| Net sales | $ 1,242,835 | $ 1,224,983 | $ 2,797,065 | $ 2,801,801 |
| Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) | 636,060 | 613,362 | 1,414,406 | 1,410,548 |
| Selling, distribution and administrative expenses | 473,537 | 471,400 | 1,107,050 | 1,096,651 |
| Depreciation and amortization | 39,826 | 36,827 | 89,094 | 85,062 |
| Plant closure costs and impairment of assets | 0 | 1,377 | 7,397 | 5,377 |
| Restructuring charges | 0 | 6,805 | 573 | 7,403 |
| Income from operations | 93,412 | 95,212 | 178,545 | 196,760 |
| Interest expense | 18,876 | 8,978 | 38,550 | 20,279 |
| Interest income | (3,840) | (4,070) | (9,466) | (9,760) |
| Other components of net periodic pension and postretirement benefit plans credit | (88) | (118) | (205) | (276) |
| Income before income taxes | 78,464 | 90,422 | 149,666 | 186,517 |
| Income tax expense | 20,099 | 23,455 | 38,303 | 46,507 |
| Net income | $ 58,365 | $ 66,967 | $ 111,363 | $ 140,010 |
| Basic: | ||||
| Net income per common share | $ 0.28 | $ 0.32 | $ 0.53 | $ 0.66 |
| Weighted average shares outstanding | 211,386 | 211,356 | 211,276 | 211,196 |
| Diluted: | ||||
| Net income per common share | $ 0.28 | $ 0.32 | $ 0.53 | $ 0.66 |
| Weighted average shares outstanding | 211,991 | 212,315 | 212,084 | 212,199 |
| Cash dividends paid per common share | $ 0.2475 | $ 0.2400 | $ 0.4875 | $ 0.47 |
| X | ||||||||||
- Definition Net periodic defined benefits expense reversal of expense excluding service cost component excluding settlement loss excluding curtailment. No definition available.
|
| X | ||||||||||
- Definition Plant closure costs and impairment of assets. No definition available.
|
| X | ||||||||||
- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Cost of product sold and service rendered, excluding depreciation, depletion, and amortization. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|