v3.26.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 18, 2026
Jul. 12, 2025
Jul. 18, 2026
Jul. 12, 2025
Income Statement [Abstract]        
Net sales $ 1,192,935 $ 1,242,835 $ 2,764,512 $ 2,797,065
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) 615,005 636,060 1,410,394 1,414,406
Selling, distribution and administrative expenses 473,185 473,537 1,116,119 1,107,050
Depreciation and amortization 38,579 39,826 90,369 89,094
Plant closure costs and impairment of assets 0 0 0 7,397
Recovery on inferior ingredients (1,963) 0 (1,963) 0
Restructuring charges 0 0 1,652 573
Income from operations 68,129 93,412 147,941 178,545
Interest expense 17,855 18,876 42,515 38,550
Interest income (4,068) (3,840) (9,094) (9,466)
Other components of net periodic pension and postretirement benefit plans cost (credit) 88 (88) 206 (205)
Income before income taxes 54,254 78,464 114,314 149,666
Income tax expense 13,598 20,099 31,603 38,303
Net income $ 40,656 $ 58,365 $ 82,711 $ 111,363
Basic:        
Net income per common share $ 0.19 $ 0.28 $ 0.39 $ 0.53
Weighted average shares outstanding 212,132 211,386 211,982 211,276
Diluted:        
Net income per common share $ 0.19 $ 0.28 $ 0.39 $ 0.53
Weighted average shares outstanding 212,493 211,991 212,545 212,084
Cash dividends paid per common share $ 0.1250 $ 0.2475 $ 0.3725 $ 0.4875