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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ 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 $ 379,432 $ 380,019 $ 729,737 $ 729,726
Cost of sales (exclusive of depreciation and amortization shown separately below) 194,672 216,499 378,106 421,008
Selling, warehouse, general and administrative expenses 121,154 111,452 239,719 222,517
Depreciation 16,297 13,800 32,635 30,505
Amortization 15,249 15,578 30,503 31,150
Other expense, net 474 1,893 884 2,660
Income from operations 31,586 20,797 47,890 21,886
Interest expense, net 13,937 18,075 29,208 36,152
Loss on debt restructuring 0 0 3,008 0
Income (loss) before income taxes 17,649 2,722 15,674 (14,266)
Income tax expense (benefit) 5,114 (1,823) 4,631 (9,679)
Net income (loss) $ 12,535 $ 4,545 $ 11,043 $ (4,587)
Basic income (loss) per share (in usd per share) $ 0.06 $ 0.02 $ 0.06 $ (0.02)
Weighted average basic shares outstanding 196,075 194,644 195,721 194,596
Diluted income (loss) per share (in usd per share) $ 0.06 $ 0.02 $ 0.06 $ (0.02)
Weighted average diluted shares outstanding 198,420 195,528 198,037 194,596
Net income (loss) from above $ 12,535 $ 4,545 $ 11,043 $ (4,587)
Other comprehensive (loss) income:        
Foreign currency translation adjustments (5,707) 3,886 (4,220) 4,845
Hedging activity 1,580 (760) (237) (5,902)
Total other comprehensive (loss) income (4,127) 3,126 (4,457) (1,057)
Comprehensive income (loss) $ 8,408 $ 7,671 $ 6,586 $ (5,644)