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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Consolidated Statements of Operations        
Net sales $ 512,539 $ 371,197 $ 961,909 $ 783,931
Cost of goods sold 378,438 279,330 722,892 603,985
Gross profit 134,101 91,867 239,017 179,946
Operating expenses:        
Selling, general and administrative expenses 44,347 39,856 84,320 78,153
Amortization expense 4,739 4,601 9,462 9,092
Operating income 85,015 47,410 145,235 92,701
Other income and expenses:        
Interest expense, net 24,849 23,179 50,888 46,253
Other income (701) (525) (1,154) (783)
Income before income tax expense 60,867 24,756 95,501 47,231
Income tax expense 15,956 6,505 22,498 12,189
Net income $ 44,911 $ 18,251 $ 73,003 $ 35,042
Weighted average shares outstanding:        
Basic (in shares) 64,129,778 65,341,356 64,088,464 65,463,964
Diluted (in shares) 64,409,813 65,390,515 64,247,019 65,503,835
Earnings per share:        
Basic (in dollars per share) $ 0.70 $ 0.28 $ 1.14 $ 0.54
Diluted (in dollars per share) 0.70 0.28 1.14 0.53
Cash dividends declared per share (in dollars per share) $ 0.475 $ 0.475 $ 0.950 $ 0.950