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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Oct. 01, 2021
Sep. 30, 2022
Oct. 01, 2021
Net sales $ 1,628,589 $ 1,457,432 $ 4,628,162 $ 4,160,375
Cost of sales 1,007,482 939,720 2,948,820 2,699,020
Gross profit 621,107 517,712 1,679,342 1,461,355
Selling, delivery and administrative expenses 431,177 380,681 1,211,134 1,109,279
Income from operations 189,930 137,031 468,208 352,076
Interest expense, net 6,083 8,097 20,928 25,208
Other expense, net 24,746 34,982 27,666 94,078
Income before taxes 159,101 93,952 419,614 232,790
Income tax expense 40,340 25,022 107,901 62,317
Net income $ 118,761 $ 68,930 $ 311,713 $ 170,473
Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 12.67 $ 7.36 $ 33.25 $ 18.19
Weighted average number of Common Stock shares outstanding (in shares) 8,369 7,141 8,032 7,141
Diluted net income per share:        
Common Stock (in dollars per share) $ 12.63 $ 7.32 $ 33.13 $ 18.11
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 9,406 9,409 9,410 9,413
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.25 $ 0.75 $ 0.75
Class B Common Stock        
Basic net income per share:        
Common Stock (in dollars per share) $ 12.67 $ 7.36 $ 33.29 $ 18.19
Weighted average number of Common Stock shares outstanding (in shares) 1,005 2,232 1,342 2,232
Diluted net income per share:        
Common Stock (in dollars per share) $ 12.62 $ 7.31 $ 33.15 $ 18.10
Weighted average number of Common Stock shares outstanding - assuming dilution (in shares) 1,037 2,268 1,378 2,272
Cash dividends per share:        
Common Stock (in dollars per share) $ 0.25 $ 0.25 $ 0.75 $ 0.75