v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jul. 03, 2026
Jun. 27, 2025
Jul. 03, 2026
Jun. 27, 2025
Net sales $ 2,052,420 $ 1,855,519 $ 3,899,088 $ 3,435,496
Cost of sales 1,274,007 1,113,023 2,393,595 2,065,896
Gross profit 778,413 742,496 1,505,493 1,369,600
Selling, delivery and administrative expenses 507,074 470,412 996,630 907,696
Income from operations 271,339 272,084 508,863 461,904
Interest expense, net 30,481 5,948 62,544 12,822
Mark-to-market on acquisition related contingent consideration 24,723 12,390 78,114 55,118
Other expense, net 1,015 754 1,866 1,499
Income before taxes 215,120 252,992 366,339 392,465
Income tax expense 56,299 65,605 95,962 101,467
Net income $ 158,821 $ 187,387 $ 270,377 $ 290,998
Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 2.39 $ 2.15 $ 4.06 $ 3.34
Weighted average number of Common Stock shares outstanding (in shares) 56,517 76,969 56,517 77,048
Diluted net income per share:        
Common Stock (in dollars per share) $ 2.38 $ 2.15 $ 4.06 $ 3.34
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 66,649 87,157 66,649 87,236
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.25 $ 0.50 $ 0.50
Class B Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 2.39 $ 2.15 $ 4.06 $ 3.34
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) $ 2.38 $ 2.15 $ 4.05 $ 3.33
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 10,132 10,188 10,132 10,188
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.25 $ 0.50 $ 0.50