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Unaudited Selected Quarterly Financial Data
12 Months Ended
Jan. 04, 2014
Selected Quarterly Financial Information [Abstract]  
Unaudited Selected Quarterly Financial Data
18. Unaudited Selected Quarterly Financial Data
 
Fiscal 2013 contained 53 weeks.  Fiscal 2012 and fiscal 2011 each contained 52 weeks.  Our fiscal quarters are based on a 5-4-4 week period, with the exception of the fourth fiscal quarter of fiscal years containing 53 weeks, which are based on a 5-4-5 week period.
                                                                 
    First Quarter     Second Quarter     Third Quarter     Fourth Quarter  
    Three Months     Three Months     Three Months     Three Months    
Three Months
   
Three Months
   
Three Months
   
Three Months
 
    Ended     Ended     Ended     Ended    
Ended
   
Ended
   
Ended
   
Ended
 
    March 30,     March 31,     June 29,     June 30,    
September 28,
   
September 29,
   
January 4,
   
December 29,
 
    2013(a)     2012(b)     2013(c)     2012(d)    
2013(e)
   
2012(f)
     2014(g)    
2012(h)
 
     
(In thousands, except per share amounts)
 
Net sales
  $ 503,153     $ 453,708     $ 604,592     $ 517,026     $ 557,952     $ 496,810     $ 486,275     $ 440,298  
Gross profit
    56,458       54,232       55,185       63,188       62,492       60,531       54,348       52,119  
Operating expenses:
                                                               
Selling, general and administrative
    58,760       56,644       61,201       57,564       58,176       57,307       55,627       54,842  
Gain from property insurance settlement
                      (476 )                        
(Gain) loss from sale of properties
    (230 )     (578 )           48       (3,679 )     (9,151 )     (1,311 )     (204 )
Restructuring and other charges
    889             7,309             2,758             1,167        
                                                                 
Depreciation and amortization
    2,173       2,260       2,229       2,187       2,144       2,106       2,571       2,012  
Operating (loss) income
    (5,134 )     (4,094 )     (15,554 )     3,865       3,093       10,269       (3,706 )     (4,531 )
Non-operating expenses:
                                                               
Interest expense
    7,192       6,782       6,916       7,325       6,918       7,294       6,998       6,756  
Other expense (income)
    110       (62 )     128       49       17       (16 )     50       22  
(Benefit from) provision for income taxes
    (4,637 )     (3,969 )     (9,105 )     (1,157 )     (2,134 )     1,078       (12,491 )     (4,305 )
Tax valuation allowance
    4,850     4,174       8,813     1,354       1,498     (1,155 )     4,194     4,366  
Net (loss) income
  $ (12,649 )   $ (11,019 )   $ (22,306 )   $ (3,706 )   $ (3,206 )   $ 3,068     $ (2,457 )   $ (11,370 )
Basic and diluted weighted average number of common shares outstanding
    66,714       65,368       84,167       65,471       84,596       65,473       84,818       65,494  
Basic and diluted net (loss) income per share applicable to common shares
  $ (0.19 )   $ (0.17 )   $ (0.27 )   $ (0.06 )   $ (0.04 )   $ 0.04     $ (0.03 )   $ (0.17 )
   
 
(a)
During the three months ended March 30, 2013 basic and diluted weighted average shares were 66,713,964. Total share-based awards of 5,512,899 were excluded from our diluted earnings per share calculation because they were anti-dilutive.
   
(b)
During the three months ended March 31, 2012, basic and diluted weighted average shares were 65,368,259. Total share-based awards of 4,519,590 were excluded from our diluted earnings per share calculation because they were anti-dilutive.
   
(c)
During the three months ended June 29, 2013, basic and diluted weighted average shares were 84,167,120. Total share-based awards of 5,203,076 were excluded from our diluted earnings per share calculation because they were anti-dilutive.
   
(d)
During the three months ended June 30, 2012, basic and diluted weighted average shares were 65,471,450. Total share-based awards of 4,515,590 were excluded from our diluted earnings per share calculation because they were anti-dilutive.
   
(e)
During the three months ended September 28, 2013, basic and diluted weighted average shares were 84,595,708. Total share-based awards of 5,136,430 were excluded from our diluted earnings per share calculation because they were anti-dilutive.
   
(f)
During the three months ended September 29, 2012, basic and diluted weighted average shares were 65,472,685.
   
(g)
During the three months ended January 4, 2014, basic and diluted weighted average shares were 84,818,331, respectively. Total share-based awards of 4,595,650 were excluded from our diluted earnings per share calculation because they were anti-dilutive.
   
(h)
During the three months ended December 29, 2012, basic and diluted weighted average shares were 65,493,920, respectively. Total share-based awards of 4,460,054 were excluded from our diluted earnings per share calculation because they were anti-dilutive.