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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Revenues, net $ 269,454 $ 311,379 $ 567,214 $ 643,175
Cost of revenues 106,492 125,353 224,155 263,715
Gross profit 162,962 186,026 343,059 379,460
Marketing expenses 51,857 57,154 159,427 174,088
Selling, general and administrative expenses 71,319 69,199 134,877 142,870
Franchise rights acquired and goodwill impairments 26,420   26,420  
Operating income 13,366 59,673 22,335 62,502
Interest expense 19,255 20,293 37,926 49,416
Other expense, net 1,613 381 1,956 143
Early extinguishment of debt   29,169   29,169
(Loss) income before income taxes (7,502) 9,830 (17,547) (16,226)
(Benefit from) provision for income taxes (2,879) 970 (4,681) (6,859)
Net (loss) income $ (4,623) $ 8,860 $ (12,866) $ (9,367)
(Net loss) earnings per share        
Basic $ (0.07) $ 0.13 $ (0.18) $ (0.14)
Diluted $ (0.07) $ 0.12 $ (0.18) $ (0.14)
Weighted average common shares outstanding        
Basic 70,305 69,588 70,195 69,336
Diluted 70,305 71,160 70,195 69,336
Subscription        
Revenues, net $ 240,391 $ 272,871 $ 497,376 $ 552,691
Cost of revenues 84,129 95,825 170,170 194,929
Product and Other        
Revenues, net 29,063 38,508 69,838 90,484
Cost of revenues $ 22,363 $ 29,528 $ 53,985 $ 68,786