XML 15 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2016
Oct. 03, 2015
Oct. 01, 2016
Oct. 03, 2015
Condensed Consolidated Statements of Operations and Comprehensive Income (loss)        
Net sales $ 393,654 $ 407,170 $ 1,158,836 $ 1,225,557
Cost of goods sold 264,492 293,038 783,540 891,459
Distribution expenses 23,736 24,913 68,744 73,053
Restructuring expenses   1,502   2,360
Gross profit 105,426 87,717 306,552 258,685
Selling, general and administrative expenses 56,074 45,997 165,440 142,444
Restructuring expenses   265 120 1,420
Other expense (income), net 10,080 (114) 13,555 4,691
Operating income 39,272 41,569 127,437 110,130
Interest expense:        
Third party interest 13,783 22,682 56,226 68,845
Related party interest, net 510 739 1,972 2,269
Refinancing charges 3,762   19,036  
Amortization of debt issuance costs and original issue discount 615 2,509 5,226 7,536
Income before income tax provision 20,602 15,639 44,977 31,480
Income tax (benefit) provision (1,843) 3,003 (58,166) 6,057
Net income 22,445 12,636 103,143 25,423
Other comprehensive income, net of tax:        
Change in fair value of derivatives       990
Other comprehensive income       990
Comprehensive income $ 22,445 $ 12,636 $ 103,143 $ 26,413
Net income per common share        
Weighted average common shares outstanding-basic 74,878,851 65,334,001 68,913,664 65,249,404
Net income per common share-basic $ 0.29 $ 0.19 $ 1.47 $ 0.39
Weighted average common shares outstanding-diluted 74,878,851 66,847,945 68,913,664 66,722,811
Net income per common share-diluted $ 0.29 $ 0.19 $ 1.47 $ 0.38