Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income

v3.19.3.a.u2
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 26, 2019
Dec. 27, 2018
Dec. 28, 2017
Income Statement [Abstract]      
Net Sales $ 2,045,456 $ 1,709,848 $ 1,384,767
Revenue, Product and Service [Extensible List] us-gaap:ProductMember    
Cost of sales $ 1,182,442 1,007,580 812,203
Cost, Product and Service [Extensible List] us-gaap:ProductMember    
Gross profit $ 863,014 702,268 572,564
Operating expenses:      
Selling and store operating 546,853 439,495 353,647
General and administrative 132,386 105,327 84,661
Pre-opening 24,594 26,145 16,485
Total operating expenses 703,833 570,967 454,793
Operating income 159,181 131,301 117,771
Interest expense, net 8,801 8,917 13,777
Loss on extinguishment of debt     5,442
Income before income taxes 150,380 122,384 98,552
(Benefit) provision for income taxes (251) 6,197 (4,236)
Net income 150,631 116,187 102,788
Change in fair value of hedge instruments, net of tax, post-adoption (379)    
Change in fair value of hedge instruments, net of tax, pre-adoption   391 (381)
Total comprehensive income $ 150,252 $ 116,578 $ 102,407
Basic earnings per share $ 1.51 $ 1.20 $ 1.13
Diluted earnings per share $ 1.44 $ 1.11 $ 1.03