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Unaudited Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

Unaudited Selected Quarterly Financial Data [Abstract]

Unaudited Selected Quarterly Financial Data

18. Unaudited Selected Quarterly Financial Data

Our fiscal year is a 52 or 53-week period ending on the Saturday closest to the end of the calendar year. Fiscal 2011, fiscal 2010, and fiscal 2009 each contained 52 weeks. Our fiscal quarters are based on a 5-4-4 week period.

		XXXXXX			XXXXXX			XXXXXX			XXXXXX			XXXXXX			XXXXXX			XXXXXX			XXXXXX
	First Quarter						Second Quarter						Third Quarter						Fourth Quarter
	Three Months Ended April 2, 2011(a)			Three Months Ended April 3, 2010(b)			Three Months Ended July 2, 2011(c)			Three Months Ended July 3, 2010(d)			Three Months Ended October 1, 2011(e)			Three Months Ended October 2, 2010(f)			Three Months Ended December 31, 2011(g)			Three Months Ended January 1, 2011(h)
	(In thousands, except per share amounts)
Net sales	$	390,604		$	431,050		$	500,810		$	540,781		$	472,898		$	464,690		$	391,119		$	367,897
Gross profit		46,269			52,278			57,645			64,119			58,278			49,942			47,957			44,334
Operating expenses:
Selling, general and administrative		55,668			56,514			56,290			57,089			56,599			55,985			51,926			52,741
OSB lawsuit settlement gain		—			—			—			—			—			(5,236	)		—			—
Tender offer expenses		—			—			—			—			—			3,030			—			—
Gain on modification of lease agreement		—			—			—			—			(1,971	)		—			—			—

Gain from property insurance settlement		—			—			—			—			(1,230	)		—			(203	)		—

Gain from sale of properties		(7,222	)		—			283			—			—			—			(3,665	)		—
Restructuring and other charges		—			—			207			—			1,139			342			36			720
Depreciation and amortization		2,938			3,744			2,624			3,434			2,559			3,111			2,441			3,076

Operating (loss) income		(5,115	)		(7,980	)		(1,759	)		3,596			1,182			(7,290	)		(2,578	)		(12,203	)
Non-operating expenses:
Interest expense		8,986			7,315			7,730			8,205			6,963			9,121			6,831			9,147
Changes associated with ineffective interest rate swap		(1,676	)		(805	)		—			(1,256	)		—			(1,156	)		—			(1,386	)
Write-off of debt issue costs		—			—			—			—			—			183			—			—
Other (income) expense		15			233			134			18			333			192			19			144
(Benefit from) provision for income taxes		(4,916	)		(5,667	)		(3,556	)		(1,265	)		(2,265	)		(6,811	)		(2,873	)		(7,624	)
Tax valuation allowance		4,802			5,683			3,714			1,301			2,359			6,033			3,697			7,761

Net loss	$	(12,326	)	$	(14,739	)	$	(9,781	)	$	(3,407	)	$	(6,208	)	$	(14,852	)	$	(10,252	)	$	(20,245	)

(a)	During the three months ended April 2, 2011, basic and diluted weighted average shares were 30,843,732. Total share-based awards of 3,096,843 were excluded from our diluted earnings per share calculation because they were anti-dilutive.

(b)	During the three months ended April 3, 2010, basic and diluted weighted average shares were 30,587,258. Total share-based awards of 3,160,774 were excluded from our diluted earnings per share calculation because they were anti-dilutive.

(c)	During the three months ended July 2, 2011, basic and diluted weighted average shares were 31,062,794. Total share-based awards of 3,079,540 were excluded from our diluted earnings per share calculation because they were anti-dilutive.

(d)	During the three months ended July 3, 2010, basic and diluted weighted average shares were 30,698,973. Total share-based awards of 3,177,074 were excluded from our diluted earnings per share calculation because they were anti-dilutive.

(e)	During the three months ended October 1, 2011, basic and diluted weighted average shares were 51,182,748. Total share-based awards of 3,076,739 were excluded from our diluted earnings per share calculation because they were anti-dilutive.

(f)	During the three months ended October 2, 2010, basic and diluted weighted average shares were 30,714,191. Total share-based awards of 3,127,459 were excluded from our diluted earnings per share calculation because they were anti-dilutive.

(g)	During the three months ended December 31, 2011, basic and diluted weighted average shares were 59,659,984, respectively. Total share-based awards of 3,266,739 were excluded from our diluted earnings per share calculation because they were anti-dilutive.

(h)	During the three months ended January 1, 2011, basic and diluted weighted average shares were 30,753,705, respectively. Total share-based awards of 2,837,871 were excluded from our diluted earnings per share calculation because they were anti-dilutive.