Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
Oct. 07, 2023 |
Oct. 08, 2022 |
Oct. 07, 2023 |
Oct. 08, 2022 |
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| Income Statement [Abstract] | ||||||
| Net sales | $ 2,719,079 | $ 2,641,341 | $ 8,822,738 | $ 8,680,977 | ||
| Cost of sales, including purchasing and warehousing costs | 1,732,420 | 1,462,094 | 5,220,200 | 4,821,037 | ||
| Gross profit | 986,659 | 1,179,247 | 3,602,538 | 3,859,940 | | |
| Selling, general and administrative expenses | 1,030,355 | 1,008,226 | 3,407,445 | 3,301,959 | | |
| Total Operating Expenses | 1030355.0 | 1008226.0 | 3407445.0 | 3301959.0 | 0 | |
| Operating income | (43,696) | 171,021 | 195,093 | 557,981 | | |
| Other, net: | ||||||
| Interest expense | (19,407) | (12,039) | (69,993) | (35,114) | ||
| Loss on early redemption of senior unsecured notes | 0 | 0 | 0 | (7,408) | ||
| Other (expense) income, net | (1,216) | (5,054) | (206) | (5,282) | ||
| Total other, net | (20,623) | (17,093) | (70,199) | (47,804) | | |
| Income before provision for income taxes | (64,319) | 153,928 | 124,894 | 510,177 | | |
| Provision for income taxes | (15,686) | 38,047 | 34,649 | 123,383 | | |
| Net income | $ (48,633) | $ 115,881 | $ 90,245 | $ 386,794 | | |
| Basic earnings per common share (in dollars per share) | $ (0.82) | $ 1.93 | $ 1.52 | $ 6.38 | ||
| Weighted Average Number of Shares Issued, Basic | 59,474 | 60,053 | 59,411 | 60,656 | ||
| Weighted-average common shares outstanding | 59,474 | 60,053 | 59,411 | 60,656 | ||
| Diluted earnings per common share (in dollars per share) | $ (0.82) | $ 1.92 | $ 1.51 | $ 6.34 | ||
| Weighted-average common shares outstanding | 59,630 | 60,384 | 59,588 | 61,045 | ||
| Document Period End Date | Oct. 07, 2023 | |||||
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- Definition For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD. No definition available.
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net amount of nonoperating interest income (expense). No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition This element represents the weighted average total number of shares issued throughout the period including the first (beginning balance outstanding) and last (ending balance outstanding) day of the period before considering any reductions (for instance, shares held in treasury) to arrive at the weighted average number of shares outstanding. Weighted average relates to the portion of time within a reporting period that common shares have been issued and outstanding to the total time in that period. Such concept is used in determining the weighted average number of shares outstanding for purposes of calculating earnings per share (basic). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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