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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Dec. 26, 2015
Revenue $ 921,736 $ 968,994 $ 1,024,040
Less excise taxes 58,744 62,548 64,106
Net revenue 862,992 906,446 959,934
Cost of goods sold 413,091 446,776 458,317
Gross profit 449,901 459,670 501,617
Advertising, promotional and selling expenses 258,649 244,213 273,629
General and administrative expenses 73,126 78,033 71,556
Impairment (gain on sale) of assets, net 2,451 (235) 258
Total operating expenses 334,226 322,011 345,443
Operating income 115,675 137,659 156,174
Interest income 549 168 56
Other expense, net (82) (706) (1,220)
Total other income (expense), net 467 (538) (1,164)
Income before provision for income tax 116,142 137,121 155,010
Provision for income taxes 17,093 49,772 56,596
Net income $ 99,049 $ 87,349 $ 98,414
Net income per common share - basic $ 8.18 $ 6.93 $ 7.46
Net income per common share - diluted $ 8.09 $ 6.79 $ 7.25
Weighted-average number of common shares - diluted 12,180 12,796 13,520
Net income $ 99,049 $ 87,349 $ 98,414
Other comprehensive (loss) income, net of tax:      
Currency translation adjustment 17 (99) (22)
Defined benefit plans liability adjustment (202) (53) 204
Total other comprehensive (loss) income, net of tax: (185) (152) 182
Comprehensive income $ 98,864 $ 87,197 $ 98,596
Common Class A      
Net income per common share - basic $ 8.18 $ 6.93 $ 7.46
Weighted-average number of common shares - basic 8,933 9,189 9,619
Common Class B      
Net income per common share - basic $ 8.18 $ 6.93 $ 7.46
Weighted-average number of common shares - basic [1] 3,102 3,344 3,504
[1] Change in Class B Common Stock resulted from the conversion of 125,000 shares to Class A Common Stock on November 4, 2016, 45,000 shares to Class A Common Stock on November 30, 2016, 100,000 shares to Class A Common Stock on March 7, 2017, and 79,000 shares to Class A Common Stock on October 31, 2017 with the ending number of shares reflecting the weighted average for the period.