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Unaudited Selected Quarterly Financial Data
12 Months Ended
Jan. 03, 2015
Selected Quarterly Financial Information [Abstract]  
Unaudited Selected Quarterly Financial Data
Unaudited Selected Quarterly Financial Data
Fiscal 2014 contained 52 weeks and fiscal 2013 contained 53 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
Ended
April 5,
2014
 
Three Months
Ended
March 30,
2013
 
Three Months
Ended
July 5,
2014
 
Three Months
Ended
June 29,
2013
 
Three Months
Ended
October 4,
2014
 
Three Months
Ended
September 28,
2013
 
Three Months
Ended
January 3,
 2015
 
Three Months
Ended
January 4,
 2014
 
(In thousands, except per share amounts)
Net sales
$
443,944

 
$
503,153

 
$
531,494

 
$
604,592

 
$
549,845

 
$
557,952

 
$
454,110

 
$
486,275

Gross profit
$
52,676

 
$
56,458

 
$
62,033

 
$
55,185

 
$
64,580

 
$
62,492

 
$
49,815

 
$
54,348

Net (loss) income
$
(8,608
)
 
$
(12,649
)
 
$
3,236

 
$
(22,306
)
 
$
(860
)
 
$
(3,206
)
 
$
(7,640
)
 
$
(2,457
)
Basic and diluted weighted average number of common shares outstanding
85,187

 
66,714

 
85,874

 
84,167

 
86,399

 
84,596

 
86,545

 
84,818

Basic and diluted net (loss) income per share applicable to common shares
$
(0.10
)
 
$
(0.19
)
 
$
0.04

 
$
(0.27
)
 
$
(0.01
)
 
$
(0.04
)
 
$
(0.09
)
 
$
(0.03
)