v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 03, 2026
Mar. 28, 2025
Net sales $ 1,846,668 $ 1,579,977
Cost of sales 1,119,588 952,873
Gross profit 727,080 627,104
Selling, delivery and administrative expenses 489,556 437,284
Income from operations 237,524 189,820
Interest expense, net 32,063 6,874
Mark-to-market on acquisition related contingent consideration 53,391 42,728
Other expense, net 851 745
Income before taxes 151,219 139,473
Income tax expense 39,663 35,862
Net income $ 111,556 $ 103,611
Common Stock    
Basic net income per share:    
Common Stock (in dollars per share) $ 1.68 $ 1.19
Weighted average number of Common Stock shares outstanding (in shares) 56,517 77,131
Diluted net income per share:    
Common Stock (in dollars per share) $ 1.67 $ 1.19
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 66,623 87,265
Cash dividends per share:    
Common Stock (in dollars per share) $ 0.25 $ 0.25
Class B Common Stock    
Basic net income per share:    
Common Stock (in dollars per share) $ 1.68 $ 1.19
Weighted average number of Common Stock shares outstanding (in shares) 10,047 10,047
Diluted net income per share:    
Common Stock (in dollars per share) $ 1.67 $ 1.19
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 10,106 10,134
Cash dividends per share:    
Common Stock (in dollars per share) $ 0.25 $ 0.25