XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Consolidated Statements of Operations    
Net sales $ 425,402 $ 475,223
Cost of goods sold 335,315 366,342
Gross profit 90,087 108,881
Operating expenses:    
Selling, general and administrative expenses 49,132 48,612
Amortization expense 5,109 5,112
Impairment of goodwill   70,580
Loss on sales of assets   135
Operating income (loss) 35,846 (15,558)
Other expenses (income):    
Interest expense, net 37,758 37,825
Other income (1,147) (1,042)
Loss before income tax benefit (765) (52,341)
Income tax benefit (1,600) (12,102)
Net income (loss) $ 835 $ (40,239)
Weighted average shares outstanding:    
Basic 79,168,864 78,647,625
Diluted 79,670,359 78,647,625
Earnings (loss) per share:    
Basic $ 0.01 $ (0.51)
Diluted 0.01 (0.51)
Cash dividends declared per share $ 0.19 $ 0.19