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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Net Sales $ 922,396 $ 649,646
Cost of sales 520,711 339,826
Gross profit 401,685 309,820
Selling, general and administrative expenses 169,867 87,108
Engineering, research and development expenses 71,906 46,715
Amortization of intangible assets 57,574 12,651
Impairment of goodwill 88,872 0
Operating income 13,466 163,346
Interest expense 86,146 12,876
Interest income (1,325) (12)
Other (income) expense, net (4,658) 4,902
(Loss) income before income tax expense (66,697) 145,580
Income tax expense 21,469 19,875
Net (loss) income $ (88,166) $ 125,705
Basic (loss) earnings per common share $ (0.59) $ 0.93
Diluted (loss) earnings per common share $ (0.59) $ 0.92
Weighted shares outstanding:    
Basic 149,426 135,670
Diluted 149,426 136,552