XML 18 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2015
Jul. 05, 2014
Jul. 04, 2015
Jul. 05, 2014
Income Statement [Abstract]        
Net sales $ 515,656 $ 531,494 $ 970,605 $ 975,438
Cost of sales 455,673 469,461 860,426 860,729
Gross profit 59,983 62,033 110,179 114,709
Operating expenses:        
Selling, general, and administrative 50,675 54,925 100,711 107,122
Gains from sales of property 0 (5,041) 0 (5,251)
Depreciation and amortization 2,438 2,421 4,716 4,773
Total operating expenses 53,113 52,305 105,427 106,644
Net operating income 6,870 9,728 4,752 8,065
Non-operating (income) expenses:        
Interest expense 6,690 6,859 13,243 13,313
Other (income) expense, net 29 (40) 387 120
Income (loss) before provision for (benefit from) income taxes 151 2,909 (8,878) (5,368)
Provision for (benefit from) income taxes (2,719) (327) (2,803) 4
Net income (loss) $ 2,870 $ 3,236 $ (6,075) $ (5,372)
Weighted average common shares:        
Basic (in shares) 87,399 85,874 87,282 85,531
Diluted (in shares) 87,862 86,472 87,282 85,531
Basic and diluted net income (loss) per share applicable to common stock (in dollars per share) $ 0.03 $ 0.04 $ (0.07) $ (0.06)
Comprehensive income (loss):        
Net income (loss) $ 2,870 $ 3,236 $ (6,075) $ (5,372)
Other comprehensive income (loss):        
Foreign currency translation, net of tax (34) 117 (316) 36
Amortization of unrecognized pension loss, net of tax 211 267 422 232
Pension curtailment, net of tax 6,102 0 6,102 0
Total other comprehensive income 6,279 384 6,208 268
Comprehensive income (loss) $ 9,149 $ 3,620 $ 133 $ (5,104)