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Unaudited Selected Quarterly Financial Data
12 Months Ended
Dec. 29, 2012
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 2012, fiscal 2011, and fiscal 2010 each contained 52 weeks.  Our fiscal quarters are based on a 5-4-4 week period.
 
   
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
   
Three Months
Ended
March 31,
2012(a)
 
Three Months
Ended
April 2,
2011(b)
 
Three Months
Ended
June 30,
2012(c)
 
Three Months
Ended
July 2,
2011(d)
 
Three Months
Ended
September 29,
2012(e)
 
Three Months
Ended
October 1,
2011(f)
 
Three Months
Ended
December 29,
2012(g)
 
Three Months
Ended
December 31,
2011(h)
 
   
(In thousands, except per share amounts)
 
Net sales
 
$
453,708
 
$
390,604
 
$
517,026
 
$
500,810
 
$
496,810
 
$
472,898
 
$
440,298
 
$
391,119
 
Gross profit   
   
54,232
   
46,269
   
63,188
   
57,645
   
60,531
   
58,278
   
52,119
   
47,957
 
Operating expenses:
                                                 
Selling, general and administrative
   
56,644
   
55,668
   
57,564
   
56,290
   
57,307
   
56,599
   
54,842
   
51,926
 
Gain on modification of lease agreement
   
   
   
   
   
   
(1,971
)
 
   
 
Gain from property insurance settlement
   
   
   
(476
)
 
         
(1,230
)
 
 
 
(203
)
                                                   
(Gain) loss from sale of properties
   
(578
)
 
(7,222
)
 
48
   
283
   
(9,151
)
 
   
(204
)
 
(3,665
)
Restructuring and other charges
   
   
   
   
207
   
   
1,139
   
   
36
 
                                                   
Depreciation and amortization
   
2,260
   
2,938
   
2,187
   
2,624
   
2,106
   
2,559
   
2,012
   
2,441
 
Operating (loss) income
   
(4,094
)
 
(5,115
)
 
3,865
   
(1,759
)
 
10,269
   
1,182
   
(4,531
)
 
(2,578
)
Non-operating expenses:
                                                 
Interest expense
   
6,782
   
8,986
   
7,325
   
7,730
   
7,294
   
6,963
   
6,756
   
6,831
 
Changes associated with ineffective interest rate swap
   
   
(1,676
)
 
   
   
   
   
   
 
Other (income) expense
   
(62
)
 
15
   
49
   
134
   
(16
)
 
333
   
22
   
19
 
(Benefit from) provision for income taxes
   
(3,969
)
 
(4,916
)
 
(1,157
)
 
(3,556
)
 
1,078
   
(2,265
)
 
(4,305
)
 
(2,873
)
Tax valuation allowance
   
4,174
   
4,802
   
1,354
   
3,714
   
(1,155
)
 
2,359
   
4,366
   
3,697
 
Net (loss) income
 
$
(11,019
)
$
(12,326
)
$
(3,706
)
$
(9,781
)
$
3,068
 
$
(6,208
)
$
(11,370
)
$
(10,252
)
 
 
(a)
During the three months ended March 31, 2012, basic and diluted weighted average shares were 60,002,836. Total share-based awards of 4,519,590 were excluded from our diluted earnings per share calculation because they were anti-dilutive.
   
(b)
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.
   
(c)
During the three months ended June 30, 2012, basic and diluted weighted average shares were 60,097,558. Total share-based awards of 4,515,590 were excluded from our diluted earnings per share calculation because they were anti-dilutive.
   
(d)
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.
   
(e)
During the three months ended September 29, 2012, basic and diluted weighted average shares were 60,098,691.
   
(f)
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.
   
(g)
During the three months ended December 29, 2012, basic and diluted weighted average shares were 60,118,183, respectively. Total share-based awards of 4,460,054 were excluded from our diluted earnings per share calculation because they were anti-dilutive.
   
(h)
During the three months ended December 31, 2011, basic and diluted weighted average shares were 59,659,984, respectively. Total share-based awards of 3,266,740 were excluded from our diluted earnings per share calculation because they were anti-dilutive.