v3.26.3
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 10, 2026
Oct. 04, 2025
Oct. 10, 2026
Oct. 04, 2025
Income Statement [Abstract]        
Net sales $ 1,169,057 $ 1,226,554 $ 3,933,569 $ 4,023,619
Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below) 623,427 638,703 2,033,821 2,053,109
Selling, distribution and administrative expenses 469,640 475,952 1,585,759 1,583,002
Depreciation and amortization 38,347 39,873 128,716 128,967
Plant closure costs and impairment of assets 1,481 0 1,481 7,397
Recovery on inferior ingredients (632) 0 (2,595) 0
Restructuring charges 4,556 5,510 6,208 6,083
Income from operations 32,238 66,516 180,179 245,061
Interest expense 17,768 18,220 60,283 56,771
Interest income (4,265) (3,767) (13,359) (13,234)
Other components of net periodic pension and postretirement benefit plans cost (credit) 89 (88) 295 (293)
Income before income taxes 18,646 52,151 132,960 201,817
Income tax expense 4,268 12,617 35,871 50,920
Net income $ 14,378 $ 39,534 $ 97,089 $ 150,897
Basic:        
Net income per common share $ 0.07 $ 0.19 $ 0.46 $ 0.71
Weighted average shares outstanding 212,191 211,417 212,045 211,318
Diluted:        
Net income per common share $ 0.07 $ 0.19 $ 0.46 $ 0.71
Weighted average shares outstanding 212,672 212,107 212,646 212,089
Cash dividends paid per common share $ 0.1250 $ 0.2475 $ 0.4975 $ 0.7350