That it is, Edward. That it is, indeed.
6 seconds sound clip from the Christmas Vacation (1989) movie soundboard.
You can hear this line at 01:15:02 in the Blu-ray version of the movie.
Quote context
[...]
- Honey? It's bigger than you expected? Smaller?
- It's a one-year membership in the Jelly of the Month Club.
- Clark, that's the gift that keeps on giving the whole year.
- That it is, Edward. That it is, indeed.
- If this isn't the biggest bag over the head, punch in the face I ever got. Goddamn it!
- Son.
- That's good. That's good. That's good.
[...]