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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Dec. 30, 2023
Operating activities:          
Net loss $ (298,380) $ (22,464) $ (337,502) $ (56,868)  
Adjustments to reconcile net loss to net cash from operating activities:          
Depreciation     39,978 35,703  
Amortization of acquisition intangibles     8,203 8,345  
Other amortization     6,198 6,398  
Impairment of long-lived assets and goodwill     76,604 0  
Inventory write-down charges     117,663 0  
Loss on extinguishment of debt     0 8,466  
Loss on classification of assets held for sale     51,071 5,199  
Amortization of debt issuance costs and debt discount     5,105 4,239  
Other     13,722 11,837  
Changes in assets and liabilities:          
Accounts receivable     (54,487) 46,671  
Inventories     (41,850) 132,956  
Other assets     (466) (36,617)  
Accounts payable     134,029 39,029  
Accrued pension and postretirement benefits     261 2,940  
Accrued liabilities and other     86,068 (76,065)  
Net cash from operating activities     104,597 132,233  
Investing activities:          
Capital expenditures     (28,091) (33,570)  
Other     3,653 19,047  
Net cash from investing activities     (24,438) (14,523)  
Financing activities:          
Borrowings on Term Loan Facilities     0 891,000  
Repayments on Term Loan Facilities     (29,500) (14,750)  
Borrowings on Accounts Receivable Securitization Facility     980,500 1,051,000  
Repayments on Accounts Receivable Securitization Facility     (986,500) (1,111,500)  
Borrowings on Revolving Loan Facilities     609,000 977,500  
Repayments on Revolving Loan Facilities     (609,000) (1,088,500)  
Borrowings on Senior Notes     0 600,000  
Repayments on Senior Notes     0 (1,436,884)  
Payments to amend and refinance credit facilities     (679) (28,235)  
Other     (3,817) (2,792)  
Net cash from financing activities     (39,996) (163,161)  
Effect of changes in foreign exchange rates on cash     (12,963) (1,130)  
Change in cash and cash equivalents     27,200 (46,581)  
Cash and cash equivalents at beginning of year     205,501 238,413 $ 238,413
Cash and cash equivalents at end of period 232,701 191,832 232,701 191,832 205,501
Balances included in the Condensed Consolidated Balance Sheets:          
Cash and cash equivalents 213,767 173,415 213,767 173,415 185,717
Cash and cash equivalents at end of period 232,701 191,832 232,701 191,832  
Supplemental Cash Flow Information:          
Capital expenditures incurred but not yet paid     1,579   18,550
Discontinued Operations, Held-for-sale | Global Champion and U.S.-Based Outlet Store Businesses          
Adjustments to reconcile net loss to net cash from operating activities:          
Loss on classification of assets held for sale 51,071 0 51,071 0  
Balances included in the Condensed Consolidated Balance Sheets:          
Cash and cash equivalents included in current assets held for sale $ 18,934 $ 18,417 $ 18,934 $ 18,417 $ 19,784