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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 385,287 $ 442,526
Cost of sales 314,075 351,190
Gross margin 71,212 91,336
Selling, general, and administrative expense 35,844 40,336
Research and development expense 7,142 7,621
Restructuring expense (income) 1,620 664
Other—net 4,357 5,775
Operating profit 22,249 36,940
Other non-operating income—net (643) (730)
Interest expense—net 8,279 7,502
Income before income taxes 14,613 30,168
Income tax expense 1,204 4,580
Net income $ 13,409 $ 25,588
Basic earnings per share:    
Net income per share of common stock (in dollars per share) $ 0.65 $ 1.24
Diluted earnings per share:    
Net income per share of common stock (in dollars per share) $ 0.64 $ 1.23
Weighted-average number of shares of common stock outstanding:    
Basic (in shares) 20,679 20,566
Diluted (in shares) 20,973 20,887