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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Consolidated Statements of Operations    
Net sales $ 449,370 $ 412,734
Cost of goods sold 344,454 324,655
Gross profit 104,916 88,079
Operating expenses:    
Selling, general and administrative expenses 39,973 38,297
Amortization expense 4,723 4,491
Operating income 60,220 45,291
Other income and expenses:    
Interest expense, net 26,039 23,074
Other income (453) (258)
Income before income tax expense 34,634 22,475
Income tax expense 6,542 5,684
Net income $ 28,092 $ 16,791
Weighted average shares outstanding:    
Basic (in shares) 64,047,149 65,586,572
Diluted (in shares) 64,084,224 65,617,155
Earnings per share:    
Basic (in dollars per share) $ 0.44 $ 0.26
Diluted (in dollars per share) 0.44 0.26
Cash dividends declared per share (in dollars per share) $ 0.475 $ 0.475