v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2022
Jun. 27, 2021
Jun. 26, 2022
Jun. 27, 2021
Income Statement [Abstract]        
NET SALES $ 1,475,693 $ 1,019,953 $ 2,817,868 $ 1,870,436
Cost of goods sold 1,148,589 815,476 2,195,419 1,504,427
GROSS PROFIT 327,104 204,477 622,449 366,009
Operating Expenses:        
Warehouse and delivery 44,047 34,815 85,216 64,728
Selling, general and administrative 90,485 60,365 166,045 111,597
Amortization of intangible assets 18,545 14,031 35,406 25,937
Total operating expenses 153,077 109,211 286,667 202,262
OPERATING INCOME 174,027 95,266 335,782 163,747
Interest expense, net 14,802 14,580 29,688 25,759
Income before income taxes 159,225 80,686 306,094 137,988
Income taxes 42,701 21,701 76,897 31,490
NET INCOME $ 116,524 $ 58,985 $ 229,197 $ 106,498
BASIC NET INCOME PER COMMON SHARE (in dollars per share) $ 5.24 $ 2.57 $ 10.25 $ 4.66
DILUTED NET INCOME PER COMMON SHARE (in dollars per share) $ 4.79 $ 2.52 $ 9.33 $ 4.56
Weighted average shares outstanding - Basic (in shares) 22,230 22,948 22,369 22,844
Weighted average shares outstanding - Diluted (in shares) 24,444 23,435 24,655 23,360

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