v3.26.3
Net Income Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 07, 2025
May 16, 2025
Oct. 02, 2026
Sep. 26, 2025
Oct. 02, 2026
Sep. 26, 2025
Aug. 20, 2024
Numerator for basic and diluted net income per Common Stock and Class B Common Stock share:              
Net income     $ 175,859 $ 142,334 $ 446,236 $ 433,332  
Less dividends:              
Total undistributed earnings – basic     159,218 120,613 396,313 368,022  
Total undistributed earnings – diluted     $ 159,218 $ 120,613 $ 396,313 $ 368,022  
Diluted net income per share:              
Percentage undistributed earnings allocated to common stock diluted (as a percent)     100.00% 100.00% 100.00% 100.00%  
Anti-dilutive shares (in shares)     0 0 0 0  
Stock repurchased and retired (in shares) 18,835,460            
Stock split, number of shares issued per share (in shares)   9          
Share repurchase authorization     $ 136,300   $ 136,300    
New Share Repurchase Program              
Diluted net income per share:              
Stock repurchased and retired (in shares)         0    
Authorized repurchase amount $ 400,000           $ 1,000,000
Common Stock              
Less dividends:              
Common Stock     14,129 $ 19,209 $ 42,387 $ 57,774  
Total undistributed earnings – basic     135,186 106,620 336,495 325,487  
Total undistributed earnings – diluted     135,030 106,464 336,045 324,956  
Numerator for basic net income per Common Stock share:              
Numerator for basic net income per Common Stock share     149,315 125,829 378,882 383,261  
Numerator for diluted net income per Common Stock share:              
Numerator for diluted net income per Common Stock share     $ 175,859 $ 142,334 $ 446,236 $ 433,332  
Denominator for basic net income per Common Stock and Class B Common Stock share:              
Common Stock weighted average shares outstanding - basic (in shares)     56,517,000 76,554,000 56,517,000 76,881,000  
Denominator for diluted net income per Common Stock and Class B Common Stock share:              
Common Stock weighted average shares outstanding - diluted (assuming conversion of Class B Common Stock to Common Stock) (in shares)     66,641,000 86,728,000 66,653,000 87,070,000  
Basic net income per share:              
Common Stock (in dollars per share)     $ 2.64 $ 1.64 $ 6.70 $ 4.99  
Diluted net income per share:              
Common Stock (in dollars per share)     $ 2.64 $ 1.64 $ 6.69 $ 4.98  
Class B Common Stock              
Less dividends:              
Common Stock     $ 2,512 $ 2,512 $ 7,536 $ 7,536  
Total undistributed earnings – basic     24,032 13,993 59,818 42,535  
Total undistributed earnings – diluted     24,188 14,149 60,268 43,066  
Numerator for basic net income per Common Stock share:              
Numerator for basic net income per Common Stock share     26,544 16,505 67,354 50,071  
Numerator for diluted net income per Common Stock share:              
Numerator for diluted net income per Common Stock share     $ 26,700 $ 16,661 $ 67,804 $ 50,602  
Denominator for basic net income per Common Stock and Class B Common Stock share:              
Common Stock weighted average shares outstanding - basic (in shares)     10,047,000 10,047,000 10,047,000 10,047,000  
Denominator for diluted net income per Common Stock and Class B Common Stock share:              
Common Stock weighted average shares outstanding - diluted (assuming conversion of Class B Common Stock to Common Stock) (in shares)     10,124,000 10,174,000 10,136,000 10,189,000  
Basic net income per share:              
Common Stock (in dollars per share)     $ 2.64 $ 1.64 $ 6.70 $ 4.98  
Diluted net income per share:              
Common Stock (in dollars per share)     $ 2.64 $ 1.64 $ 6.69 $ 4.97