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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Income Statement [Abstract]        
Net sales $ 995,393 $ 1,035,004 $ 1,773,606 $ 1,919,034
Cost of sales 688,320 678,211 1,157,218 1,279,862
Gross profit 307,073 356,793 616,388 639,172
Selling, general and administrative expenses 370,202 286,860 640,409 543,695
Operating profit (loss) (63,129) 69,933 (24,021) 95,477
Other expenses 10,785 7,239 20,014 21,977
Interest expense, net 50,299 58,718 100,905 103,938
Income (loss) from continuing operations before income taxes (124,213) 3,976 (144,940) (30,438)
Income tax expense 12,332 12,826 22,215 29,006
Loss from continuing operations (136,545) (8,850) (167,155) (59,444)
Income (loss) from discontinued operations, net of tax (161,835) (13,614) (170,347) 2,576
Net loss $ (298,380) $ (22,464) $ (337,502) $ (56,868)
Earnings (loss) per share - basic:        
Continuing operations $ (0.39) $ (0.03) $ (0.48) $ (0.17)
Discontinued operations (0.46) (0.04) (0.48) 0.01
Net loss (0.85) (0.06) (0.96) (0.16)
Earnings (loss) per share - diluted:        
Continuing operations (0.39) (0.03) (0.48) (0.17)
Discontinued operations (0.46) (0.04) (0.48) 0.01
Net loss $ (0.85) $ (0.06) $ (0.96) $ (0.16)