XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 29, 2020
Jul. 01, 2019
Jun. 29, 2020
Jul. 01, 2019
Income Statement [Abstract]        
Net sales $ 570,298 $ 526,877 $ 1,067,944 $ 1,063,322
Cost of goods sold 469,868 434,029 886,172 871,648
Gross profit 100,430 92,848 181,772 191,674
Operating expenses:        
Selling and marketing 15,969 16,898 32,138 34,458
General and administrative 46,723 31,869 81,390 62,151
Research and development 5,181 4,496 9,943 9,212
Amortization of definite-lived intangibles 9,561 10,593 19,123 26,745
Total operating expenses 77,434 63,856 142,594 132,566
Operating income 22,996 28,992 39,178 59,108
Other (expense) income:        
Interest expense (18,572) (20,553) (38,353) (41,688)
Other, net 455 3,007 2,957 2,650
Total other expense, net (18,117) (17,546) (35,396) (39,038)
Income from continuing operations before income taxes 4,879 11,446 3,782 20,070
Income tax benefit (provision) 4,467 1,047 2,344 (1,339)
Net income from continuing operations 9,346 12,493 6,126 18,731
Income (loss) from discontinued operations, net of income taxes 183,464 (9,069) 185,510 (18,559)
Net income $ 192,810 $ 3,424 $ 191,636 $ 172
Earnings per share:        
Basic earnings per share from continuing operations $ 0.09 $ 0.12 $ 0.06 $ 0.18
Basic earnings (loss) per share from discontinued operations 1.72 (0.09) 1.75 (0.18)
Basic earnings per share 1.81 0.03 1.81  
Diluted earnings per share from continuing operations 0.09 0.12 0.06 0.18
Diluted earnings (loss) per share from discontinued operations 1.70 (0.09) 1.72 $ (0.18)
Diluted earnings per share $ 1.79 $ 0.03 $ 1.78