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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Net Sales $ 771,025 $ 922,396
Cost of sales 419,205 520,711
Gross profit 351,820 401,685
Selling, general and administrative expenses 112,193 169,867
Engineering, research and development expenses 71,876 71,906
Amortization of intangible assets 50,159 57,574
Impairment of goodwill 0 88,872
Operating income 117,592 13,466
Interest expense 57,373 86,146
Interest income (2,994) (1,325)
Other expense (income), net 14,285 (4,658)
Income (loss) before income tax expense 48,928 (66,697)
Income tax expense 3,456 21,469
Equity in net loss of affiliates 206 0
Net income (loss) $ 45,266 $ (88,166)
Basic earnings (loss) per common share $ 0.30 $ (0.59)
Diluted earnings (loss) per common share $ 0.30 $ (0.59)
Weighted shares outstanding:    
Basic 150,549 149,426
Diluted 151,718 149,426