v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 28, 2021
Mar. 29, 2020
Income Statement [Abstract]    
NET SALES $ 850,483 $ 589,232
Cost of goods sold 688,951 479,751
GROSS PROFIT 161,532 109,481
Operating Expenses:    
Warehouse and delivery 29,913 24,732
Selling, general and administrative 51,232 35,869
Amortization of intangible assets 11,906 9,601
Total operating expenses 93,051 70,202
OPERATING INCOME 68,481 39,279
Interest expense, net 11,179 10,492
Income before income taxes 57,302 28,787
Income taxes 9,789 7,600
NET INCOME $ 47,513 $ 21,187
BASIC NET INCOME PER COMMON SHARE (in dollars per share) $ 2.09 $ 0.92
DILUTED NET INCOME PER COMMON SHARE (in dollars per share) $ 2.04 $ 0.91
Weighted average shares outstanding - Basic (in shares) 22,737 23,016
Weighted average shares outstanding - Diluted (in shares) 23,286 23,267