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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Sep. 26, 2015
Sep. 27, 2014
Sales $ 5,698,304 $ 5,613,216 $ 16,530,678 $ 16,371,795
Costs and expenses:        
Cost of sales 4,955,937 4,884,529 14,334,394 14,191,759
Selling, general, and administrative expenses 497,876 485,864 1,457,160 1,453,675
Depreciation and amortization 40,941 39,072 117,854 115,355
Restructuring, integration, and other charges 17,756 3,935 51,099 25,181
Total Costs and Expenses 5,512,510 5,413,400 15,960,507 15,785,970
Operating income 185,794 199,816 570,171 585,825
Equity in earnings of affiliated companies 1,674 2,192 4,890 4,790
Gain on sale of investment 0 29,743 2,008 29,743
Interest and other financing expense, net 35,409 27,522 100,959 86,079
Other 0 0 4,443 0
Income before income taxes 152,059 204,229 471,667 534,279
Provision for income taxes 41,755 57,377 130,589 152,175
Consolidated net income 110,304 146,852 341,078 382,104
Noncontrolling interests 1,060 (12) 1,844 236
Net income attributable to shareholders $ 109,244 $ 146,864 $ 339,234 $ 381,868
Net income per share:        
Basic $ 1.16 $ 1.49 $ 3.56 $ 3.84
Diluted [1] $ 1.15 $ 1.47 $ 3.52 $ 3.80
Weighted-average shares outstanding:        
Basic 94,302 98,631 95,277 99,336
Diluted 95,363 99,866 96,302 100,609
[1] Stock-based compensation awards for the issuance of 759 and 656 shares for the third quarter and first nine months of 2015 and 317 and 271 shares for the third quarter and first nine months of 2014, respectively, were excluded from the computation of net income per share on a diluted basis as their effect was anti-dilutive.