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CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2016
Jul. 04, 2015
Jul. 02, 2016
Jul. 04, 2015
Income Statement [Abstract]        
Net sales $ 10,122,606 $ 10,553,278 $ 19,459,207 $ 21,197,704
Cost of sales 9,403,660 9,896,453 18,108,565 19,923,418
Gross profit 718,946 656,825 1,350,642 1,274,286
Operating expenses:        
Selling, general and administrative 573,307 515,575 1,123,009 1,015,350
Amortization of intangible assets 25,621 17,089 52,646 33,020
Reorganization costs 7,690 6,236 24,256 10,276
Impairment of internally developed software 0 115,856 0 115,856
Loss on sale of affiliate 14,878 0 14,878 0
Total operating expenses 621,496 654,756 1,214,789 1,174,502
Income from operations 97,450 2,069 135,853 99,784
Other expense (income):        
Interest income (2,117) (1,201) (3,258) (1,659)
Interest expense 18,152 21,212 38,624 43,370
Net foreign currency exchange loss 587 6,738 9,114 14,276
Other 4,116 3,481 7,198 6,943
Total other expense (income) 20,738 30,230 51,678 62,930
Income (loss) before income taxes 76,712 (28,161) 84,175 36,854
Provision for income taxes 22,060 6,132 27,624 27,872
Net income (loss) $ 54,652 $ (34,293) $ 56,551 $ 8,982
Basic earnings per share (in dollars per share) $ 0.37 $ (0.22) $ 0.38 $ 0.06
Diluted earnings per share (in dollars per share) $ 0.36 $ (0.22) $ 0.37 $ 0.06