XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2020
Sep. 30, 2019
Sep. 28, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 513,576 $ 534,173 $ 1,581,520 $ 1,597,495
Cost of goods sold 424,298 448,915 1,310,470 1,320,563
Gross profit 89,278 85,258 271,050 276,932
Operating expenses:        
Selling and marketing 15,895 17,153 48,033 51,611
General and administrative 29,086 33,116 110,476 95,267
Research and development 5,223 4,358 15,166 13,570
Amortization of definite-lived intangibles 10,126 9,500 29,249 36,245
Impairment of goodwill 69,200   69,200  
Total operating expenses 129,530 64,127 272,124 196,693
Operating (loss) income (40,252) 21,131 (1,074) 80,239
Other (expense) income:        
Interest expense (20,204) (20,423) (58,557) (62,111)
Other, net (2,316) 5,875 641 8,525
Total other expense, net (22,520) (14,548) (57,916) (53,586)
(Loss) income from continuing operations before income taxes (62,772) 6,583 (58,990) 26,653
Income tax benefit (provision) 1,300 (4,190) 3,644 (5,529)
Net (loss) income from continuing operations (61,472) 2,393 (55,346) 21,124
Income (loss) from discontinued operations, net of income taxes 20,021 13,477 193,921 (5,082)
Net (loss) income $ (41,451) $ 15,870 $ 138,575 $ 16,042
(Loss) earnings per share:        
Basic (loss) earnings per share from continuing operations $ (0.58) $ 0.02 $ (0.52) $ 0.20
Basic earnings (loss) per share from discontinued operations 0.19 0.13 1.83 (0.05)
Basic (loss) earnings per share (0.39) 0.15 1.31 0.15
Diluted (loss) earnings per share from continuing operations (0.58) 0.02 (0.52) 0.20
Diluted earnings (loss) per share from discontinued operations 0.19 0.13 1.83 (0.05)
Diluted (loss) earnings per share $ (0.39) $ 0.15 $ 1.31 $ 0.15