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Condensed Consolidated Statements of Comprehensive Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Income Statement [Abstract]        
Revenue $ 614,216 $ 641,333 $ 1,066,423 $ 1,076,489
Less excise taxes 35,118 38,029 61,274 63,185
Net revenue 579,098 603,304 1,005,149 1,013,304
Cost of goods sold 312,640 329,141 552,343 583,479
Gross profit 266,458 274,163 452,806 429,825
Operating expenses:        
Advertising, promotional, and selling expenses 144,224 149,362 264,499 274,790
General and administrative expenses 48,024 44,899 98,408 88,593
Impairment of brewery assets 3,395 1,532 3,731 2,016
Total operating expenses 195,643 195,793 366,638 365,399
Operating income 70,815 78,370 86,168 64,426
Other income:        
Interest income 2,946 1,855 6,439 3,499
Other expense (440) (122) (478) (224)
Total other income 2,506 1,733 5,961 3,275
Income before income tax provision 73,321 80,103 92,129 67,701
Income tax provision 20,982 22,068 27,193 18,622
Net income $ 52,339 $ 58,035 $ 64,936 $ 49,079
Net income per common share - basic $ 4.4 $ 4.73 $ 5.42 $ 3.99
Net income per common share - diluted $ 4.39 $ 4.72 $ 5.41 $ 3.98
Weighted-average number of common shares - basic 11,898 12,268 11,976 12,288
Weighted-average number of common shares - diluted 11,888 12,276 11,971 12,304
Net Income (Loss) $ 52,339 $ 58,035 $ 64,936 $ 49,079
Other comprehensive (loss) income:        
Foreign currency translation adjustment (59) 126 (221) 144
Total other comprehensive (loss) income (59) 126 (221) 144
Comprehensive income $ 52,280 $ 58,161 $ 64,715 $ 49,223