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Condensed Consolidated Statements of Operations and Comprehensive Income - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jul. 01, 2016
Jun. 30, 2017
Jul. 01, 2016
Income Statement [Abstract]        
Sales $ 362,719 $ 348,382 $ 708,132 $ 680,620
Cost of sales 263,447 252,351 517,634 493,121
Gross profit 99,272 96,031 190,498 187,499
Operating expenses:        
Selling, general and administrative expenses 39,724 37,628 79,223 79,516
Research, development and engineering costs, net 12,889 13,640 26,300 30,946
Other operating expenses, net 6,920 15,494 18,691 36,634
Total operating expenses 59,533 66,762 124,214 147,096
Operating income 39,739 29,269 66,284 40,403
Interest expense, net 25,647 27,908 54,540 55,525
Other (income) loss, net 9,976 674 11,823 (3,047)
Income (loss) before provision for income taxes 4,116 687 (79) (12,075)
Provision for income taxes 1,126 1,457 1,270 1,355
Net income (loss) $ 2,990 $ (770) $ (1,349) $ (13,430)
Earnings (loss) per share:        
Basic (in dollars per share) $ 0.10 $ (0.03) $ (0.04) $ (0.44)
Diluted (in dollars per share) $ 0.09 $ (0.03) $ (0.04) $ (0.44)
Weighted average shares outstanding:        
Basic (in shares) 31,302 30,767 31,159 30,743
Diluted (in shares) 31,982 30,767 31,159 30,743
Comprehensive Income (Loss)        
Net income (loss) $ 2,990 $ (770) $ (1,349) $ (13,430)
Foreign currency translation gain (loss) 34,599 (9,701) 41,135 9,059
Net change in cash flow hedges, net of tax 318 (1,247) 2,068 (880)
Other comprehensive income (loss) 34,917 (10,948) 43,203 8,179
Comprehensive income (loss) $ 37,907 $ (11,718) $ 41,854 $ (5,251)